612 3rd Ave Grand Tower, IL 62942
Estimated payment $1,772/month
About This Home
Welcome to Walker Hill, a multi-family investment opportunity located in the scenic countryside of Grand Tower, IL. Set in a peaceful rural setting, the location offers tenants a quiet lifestyle while giving investors the chance to unlock tremendous value. This property consists of four buildings with a total of 12 units, 10 one-bedroom apartments (including one fully handicap accessible) and 2 two-bedroom units. Each unit features one bathroom, a generously sized pantry, and ample storage space, Currently, four units are occupied while the remaining eight require varying levels of renovations. Currently operating as income-based subsidized housing. 24 hr notice required for showing occupied units. The property includes a coin-operated laundry facility, providing an added income stream for owner and convenience for tenants. The property is currently in foreclosure and is being sold strictly as is. Whether you’re expanding your portfolio or searching for your next high-potential project, Walker Hill delivers an all-in-one investment.
Listing Agent
EXIT REALTY NEW BEGINNINGZ Brokerage Phone: 618-529-4663 License #475194926 Listed on: 05/12/2025
Co-Listing Agent
EXIT REALTY NEW BEGINNINGZ M Brokerage Phone: 618-529-4663 License #471002276
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1988
Parking
- 12 Parking Spaces
Home Design
- 1,250 Sq Ft Home
- Shingle Roof
- Aluminum Siding
Schools
- Shawnee High School
Additional Features
- 3 Bedrooms
- Central Air
Community Details
- Trash Expense $20
Listing and Financial Details
- Assessor Parcel Number 16-25-201-002
Map
Home Values in the Area
Average Home Value in this Area
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 | -- | $0 | $0 | $0 |
| 2023 | -- | $0 | $0 | $0 |
| 2022 | $0 | $0 | $0 | $0 |
| 2021 | $4,753 | $0 | $0 | $0 |
| 2020 | $0 | $0 | $0 | $0 |
| 2019 | $4,753 | $0 | $0 | $0 |
| 2018 | $0 | $0 | $0 | $0 |
| 2017 | -- | $0 | $0 | $0 |
| 2016 | -- | $0 | $0 | $0 |
| 2015 | -- | $0 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/04/2025 09/04/25 | Price Changed | $280,000 | -5.1% | $224 / Sq Ft |
| 08/14/2025 08/14/25 | Price Changed | $295,000 | -4.8% | $236 / Sq Ft |
| 07/28/2025 07/28/25 | Price Changed | $310,000 | -4.6% | $248 / Sq Ft |
| 07/10/2025 07/10/25 | Price Changed | $325,000 | -4.4% | $260 / Sq Ft |
| 06/24/2025 06/24/25 | Price Changed | $340,000 | -4.2% | $272 / Sq Ft |
| 06/12/2025 06/12/25 | Price Changed | $355,000 | -4.1% | $284 / Sq Ft |
| 06/03/2025 06/03/25 | Price Changed | $370,000 | -3.9% | $296 / Sq Ft |
| 05/22/2025 05/22/25 | Price Changed | $385,000 | -3.8% | $308 / Sq Ft |
| 05/12/2025 05/12/25 | For Sale | $400,000 | -- | $320 / Sq Ft |
Source: RMLS Alliance
MLS Number: EB457903
APN: 16-25-201-002
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