NOT LISTED FOR SALE

627 Fairfield Rd Mount Vernon, IL 62864

4 Beds
4 Baths
3,840 Sq Ft
0.37 Acres

Last Sold November 07, 2022

Last sale price $75,000 $20 Per Sq Ft

20 Days on Market

About This Home

As of November 2022

GREAT INVESTMENT OPPORTUNITY!! 6 Unit apartment building that includes 1 Bedroom, 1 Bathroom, living room, and kitchen with appliances per unit. East side location in Summersville School District. City Utilities. Sitting on a Corner Lot! Landlord pays heat, water, and dumpster. Tenants pay electric. Seller request that buyer provides Prequal letter for Financing or proof of funds for cash purchase, prior to showing to the Listing Agent.

Last Agent to Sell the Property

Lisa McKinney

C21 All Pro Real Estate License #471003781 Listed on: 09/29/2022

Last Buyer's Agent

Lisa McKinney

C21 All Pro Real Estate License #471003781 Listed on: 09/29/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,517

Year Built

  • Built in 1940

Lot Details

  • 0.37

Schools

  • Summersville Elementary School
  • Mt Vernon High School

Utilities

  • Aerobic Septic System

Listing and Financial Details

  • Tenant pays for electric only

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,517

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Class: Multi-Family
  • Type: Residential Income
  • Style: Apartment Building
  • Legal Description: PT SW SE NW INTER OLD FAIRFIELD- TOLLE RD 627 FAIRFIELD RD
  • Lvt Date: 09/30/2022
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Slab
  • Price Per Sq Ft: 19.53
  • Total Sq Ft: 3840

Exterior Features

  • Exterior: Vinyl Siding
  • Roofing: Rubber

Utilities

  • Heating Cooling: Gas, Hot Water, Window Units
  • Water Sewer: Public Water, Aerator/Aerobic
  • Garbage Collection Exp: 780
  • Gas Expense: 4800
  • Water Sewer Expenses: 1500

Schools

  • Elementary School: Summersville
  • Middle School: Summersville
  • High School: Mt Vernon
  • Elementary School: Summersville
  • High School: Mt Vernon

Lot Info

  • Estimated Lot Size: 150x123x75x150
  • Estimated Number of Acres: 0.37
  • Lot Description: Corner
  • Geo Subdivision: IL
  • Flood Plain: Unknown

Rental Info

  • Tenant Pays: Electric Only
  • Gross Annual Rent Income: 31800
  • Lease Information: Various Terms

Tax Info

  • Annual Taxes: 3517
  • Parcel Id Number Tax Id: 07-28-176-001
  • Tax Year: 2021

Multi Family

  • Total Number Units: 6
  • Gross Annual Income: 31800
  • Total Number Electric Meters: 6
  • Total Number Gas Meters: 1
  • Total Number Heating Units: 1
  • Total Number Water Heaters: 6
  • Total Number Water Meters: 1

MLS Schools

  • Middle School: Summersville

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

Property History

Date Event Price Change Sq Ft Price
11/07/2022 11/07/22 Sold $75,000 -23.1% $20 / Sq Ft
10/19/2022 10/19/22 Pending -- -- --
09/29/2022 09/29/22 For Sale $97,500 -- $25 / Sq Ft
Source: RMLS Alliance

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: RMLS Alliance

MLS Number: RMAEB446456

RMLS Alliance