$445,000
$50K PRICE DROP

300 W Mill St Unit 37 Marissa, IL 62257

Estimated payment $2,754/month

Total Views 4,803
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

Multi Properties (currently 47 pads for mobile homes) Parcel #'s 21-27.0-113-016 & 21-27.0-113-002 & 08-18.0-301-028 These are NOT apartment buildings, these are mobile home parks with some owner owned, few tenant owned mobiles, and the rest vacant pads Marissa property is 2 parcels, 1st is a 37 pad mobile home park right in town. Great location, and includes a 1.12 acre parcel of property adjacent to it for expansion or just an added bonus if neighbors would like to expand. This price also includes a mobile home park in Belleville at 3213 South Belt West. That mini park is an 11 pad mobile home park, but St Clair County is only allowing the 10 current mobiles to remain. Great investment opportunity. Total of 47 current pads for Mobile Homes between 3 propertiesNote: 4 mobile homes in Belleville being redone. Nothing listed as operating expenses and income. Call listing agent to get current rents for pads and homes...they are all different.

Listing Agent

Gerry Davidson

Prestige Realty Group License #471013656 Listed on: 02/01/2024

Prestige Realty Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,952

Year Built

  • Built in 1950

Schools

  • Marissa Dist 40 Elementary And Middle School
  • Marissa High School

Utilities

  • Not Connected to Water Source

Community Details

  • 8 Buildings
  • 37 Units

Listing and Financial Details

  • Assessor Parcel Number 21-27.0-003-016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,952

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1950
  • Directions: Lots of potential. Package deal will not divide. Both parks have homes owned by the owners and will need notice to get in them. Rents appear to be lower and should be possibly raised with new ownership.
  • Property Sub-Type: 5 Family or More
  • Co List Office Phone: 618-236-9400
  • Outside Inclusions: Other - Contact Agent
  • MLS Status: Active
  • Subdivision Name: not
  • Carport Y N: No
  • New Construction: No
  • MIS_PoolYN: 0
  • MIS_UnitCount: 0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Other
  • Basement YN: No
  • Fireplace: No

Exterior Features

  • Waterfront: No
  • Disclosures: See Seller's Disclosure
  • Construction Type: Other

Garage/Parking

  • Attached Garage: No

Utilities

  • Cooling: Other
  • Heating: Other
  • Water Source: None

Schools

  • Elementary School: MARISSA DIST 40
  • Junior High Dist: Marissa DIST 40
  • High School: Marissa
  • Middle Or Junior School: MARISSA DIST 40

Lot Info

  • Lot Dimensions: platted
  • ResoLotSizeUnits: Acres
  • Parcel Number: 21-27.0-003-016

Rental Info

  • Tenant Pays: Electricity, Sewer, Water

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3952

Multi Family

  • Number Of Units Total: 37

Map

Range of Values:

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Average Value
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List Price
Sold Price
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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
2023 $3,425 $42,211 $15,679 $26,532
2022 $3,590 $40,324 $14,978 $25,346
2021 $3,606 $38,192 $14,186 $24,006
2020 $3,585 $39,418 $14,641 $24,777
2019 $3,690 $39,418 $14,641 $24,777
2018 $3,953 $39,257 $14,581 $24,676
2017 $3,911 $38,343 $14,242 $24,101
2016 $3,876 $38,718 $14,381 $24,337
2014 $5,498 $59,059 $31,609 $27,450
2013 $5,557 $61,359 $32,840 $28,519
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2024 06/11/24 Price Changed $445,000 -10.1% --
02/01/2024 02/01/24 For Sale $495,000 -- --
Source: MARIS MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $240,000 Title Professionals Inc
Warranty Deed $130,000 --
Warranty Deed $147,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $193,000 Commercial
Closed $67,000 Commercial
Closed $69,000 Commercial
Closed $61,000 Future Advance Clause Open End Mortgage
Closed $48,900 Future Advance Clause Open End Mortgage
Closed $38,900 Future Advance Clause Open End Mortgage
Closed $20,000 Future Advance Clause Open End Mortgage
Closed $10,000 Future Advance Clause Open End Mortgage
Closed $192,000 Future Advance Clause Open End Mortgage
Previous Owner $95,000 Commercial
Source: Public Records

Source: MARIS MLS

MLS Number: MIS24002540

MARIS MLS

APN: 21-27.0-113-002