$129,000
$21K PRICE DROP

5208 Walsh Rd Walsh, IL 62297

Estimated payment $789/month

Total Views 11,323
4 Beds
4 Baths
924 Sq Ft
$140 Price per Sq Ft

About This Home

Great investment opportunity/building opportunity with TWO well kept 924 SF mobile homes sitting on 1.25 acres with long term tenants with leases until Feb 2026. Spreading out room is available on the flat yard, and there is room for a third mobile home with a septic tank already in place. Property is flat and the middle section is open for anything you may want to build there. Public water and Egyptian electric and tenants pay all utilities. Showings only for serious buyers with preapproval letters and tenants rights will be respected. Allow 24 hour notice for showing requests.

Listing Agent

Robin Bert

Worth Clark Realty License #471.021195 Listed on: 02/13/2025

Worth Clark Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $852

Year Built

  • Built in 1986

Lot Details

  • 1.35 Acre Lot
  • Lot Dimensions are 149x519x132x461

Parking

  • Off-Street Parking

Home Design

  • 924 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Schools

  • Sparta Dist 140 Elementary And Middle School
  • Sparta High School

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • 2 Units
  • Net Operating Income $11,265

Listing and Financial Details

  • Assessor Parcel Number 11-025-008-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$852

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Cross Street: Shawneetown Trail
  • Year Built: 1986
  • Directions: From Palestine Road crossroad, go straight onto Walsh Road. On the right, one mobile home sits on Walsh Road, the other sits on Shawneetown Trail. Private gravel road runs on the right side of the mobile homes.
  • Property Sub-Type: 2-4 Units
  • Lot Size Acres: 1.35
  • Road Surface Type: Gravel
  • Total Gross Income: 13200
  • Co List Office Phone: 800-9916092
  • MLS Status: Active
  • Subdivision Name: none
  • Above Grade Finished Sq Ft: 924
  • Architectural Style: Other
  • Carport Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Electric Water Heater
  • Basement YN: No
  • Total Bedrooms: 4
  • Fireplace: No
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Waterfront: No
  • Disclosures: Unknown, Flood Plain No
  • Construction Type: Other

Garage/Parking

  • Attached Garage: No
  • Parking Features: Off Street

Utilities

  • Sewer: Septic Tank
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Heating: Forced Air, Electric
  • Water Source: Public

Schools

  • Elementary School: SPARTA DIST 140
  • Junior High Dist: SPARTA DIST 140
  • High School: Sparta
  • Middle Or Junior School: SPARTA DIST 140

Lot Info

  • Lot Dimensions: 149x519x132x461
  • Lot Size Sq Ft: 58806
  • ResoLotSizeUnits: Acres
  • Parcel Number: 11-025-008-00
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Operating Expense: 1935
  • Number Of Units Total: 2
  • Net Operating Income: 11265

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 852

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

Property History

Date Event Price Change Sq Ft Price
05/24/2025 05/24/25 Price Changed $129,000 -4.4% $140 / Sq Ft
05/01/2025 05/01/25 Price Changed $135,000 -3.6% $146 / Sq Ft
03/13/2025 03/13/25 Price Changed $140,000 -6.7% $152 / Sq Ft
02/13/2025 02/13/25 For Sale $150,000 -- $162 / Sq Ft
Source: MARIS MLS

About the Listing Agent

Robin Bert

Worth Clark Realty

(618) 787-5219

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I'm an expert real estate broker with Worth Clark Realty covering Southern Illinois and Southeast Missouri, and providing home-buyers and sellers with professional, responsive and attentive real estate services. Want an agent who'll really listen to what you want in a home? Need an agent with 9 years experience in real estate and 35 years of business ownership who knows how to effectively market your home so it sells? Give me a call! I'm eager to help and would love to talk to you.

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Source: MARIS MLS

MLS Number: MIS25008096

MARIS MLS