$550,000
$100K PRICE DROP

1848 S Main St Unit A South Jacksonville, IL 62650

Estimated payment $3,449/month

Total Views 10,727
10 Beds
-- Bath
24,576 Sq Ft
$22 Price per Sq Ft

Highlights

  • 0.88 Acre Lot
  • Level Lot
  • Wood Siding

About This Home

Attention investors! Don't miss this opportunity to expand your investment portfolio with this mixed-use commercial property. The building consists of two leased businesses and owners' office/storage downstairs, and 12 residential apartment units upstairs. 1 - 1 bed/1 bath unit, 9 - 2 bed/1 bath units, 1 - 2 bed/1.5 bath, 1 - 3 bed/1 bath unit and 1 - 3 bed/1.5 bath unit, along with a shared coin-op laundry facility with all new machines for extra income and convenience for tenants. Good location with easy access to the interstate. All leases are month to month with some long-term tenants. Currently fully occupied. Showings are available to pre-approved buyers with at least 24 hour notice. Bundle option available with 750 E. Chambers st. Jacksonville, IL.

Listing Agent

Scott Eoff

RE/MAX Results Plus Brokerage Phone: 217-245-9613 License #471007845 Listed on: 07/25/2025

RE/MAX Results Plus

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,706

Year Built

  • Built in 1966

Lot Details

  • 0.88 Acre Lot
  • Level Lot

Home Design

  • 24,576 Sq Ft Home
  • Slab Foundation
  • Wood Siding
  • Vinyl Siding

Parking

  • 20 Parking Spaces
  • Parking Pad

Schools

  • Jacksonville District #117 High School

Additional Features

  • 10 Bedrooms
  • Window Unit Heating System

Community Details

  • Trash Expense $4,200

Listing and Financial Details

  • Assessor Parcel Number 09-33-100-107

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,706

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1966
  • New Construction: No
  • Property Attached Yn: No
  • Structure Type: Two or More Story
  • PricePerSqFt: 22.38
  • Attribution Contact: Office: 217-245-9613
  • Special Features: None

Interior Features

  • Basement: None
  • Total Bedrooms: 10

Exterior Features

  • Lot Features: Level
  • Construction Type: Concrete, Vinyl Siding, Wood Siding
  • Foundation Details: Slab
  • Roof: Other
  • 100YearPlain: Unknown

Garage/Parking

  • Parking Features: Parking Pad
  • Total Parking Spaces: 20

Utilities

  • Heating: Other, Window Unit(s)
  • Electric Expense: 3600
  • Water Sewer Expenses: 9000
  • Water Source: Public Sewer, Public
  • GasExpense: 3600
  • NumberOfWaterHeaters: 14
  • NumberOfHeatingUnits: 14
  • NumberOfCentralAirUnits: 14
  • NumberOfGasMeters: 14
  • NumberOfElectricMeters: 14
  • NumberofWaterMeters: 14
  • NumberOfRanges: 12
  • NumberofRefrigerators: 12

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Trash Expense: 4200
  • AdvertisingExpense: 0

Schools

  • High School: Jacksonville District #117

Lot Info

  • Lot Size Acres: 0.88
  • Lot Size: 0.88
  • Parcel #: 09-33-100-107

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5705.54
  • TaxExemptions: None

Multi Family

  • Number Of Units Total: 14
  • Annual Gross Income: 8795
  • Annual Operating Expense: 28224

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,706 $80,270 $25,620 $54,650
2023 $5,956 $76,490 $25,620 $50,870
2022 $6,068 $76,490 $25,620 $50,870
2021 $5,845 $76,490 $25,620 $50,870
2020 $6,247 $80,360 $29,460 $50,900
2019 $6,193 $80,360 $29,460 $50,900
2018 $6,004 $80,090 $31,000 $49,090
2017 $5,923 $80,090 $31,000 $49,090
2016 $5,944 $80,090 $31,000 $49,090
2015 $5,919 $77,760 $30,100 $47,660
2014 $5,919 $77,760 $30,100 $47,660
2013 $5,714 $77,760 $30,100 $47,660
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2025 08/19/25 Price Changed $550,000 -15.4% $22 / Sq Ft
07/25/2025 07/25/25 For Sale $650,000 -- $26 / Sq Ft
Source: RMLS Alliance

Purchase History

Date Type Sale Price Title Company
Warranty Deed $435,000 None Listed On Document
Contract Of Sale -- Rammelkamp Bradney Pc
Warranty Deed $245,000 None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $391,500 New Conventional
Previous Owner $270,000 Commercial
Source: Public Records

Source: RMLS Alliance

MLS Number: CA1038094

RMLS Alliance

APN: 09-33-100-107