$149,900

802 Van Buren Ave Charleston, IL 61920

Estimated payment $928/month

Total Views 22,810
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

Unlock strong cash flow with this triplex delivering a solid 10.5% CAP rate and excellent ROI potential. This income-generating property features three fully leased units, including one spacious 2-bedroom unit and two comfortable 1-bedroom units, making it an ideal addition to any investor’s portfolio.
Rental Breakdown:Unit 1 (2 Bed): $825/month, Unit 2 (1 Bed): $680/month,Unit 3 (1 Bed): $625/month. Total Monthly Income: $2,130
Recent capital improvements enhance the property’s value and reduce future maintenance concerns. Upgrades include a brand-new roof, new gutters, and extensive exterior painting, ensuring long-term durability and curb appeal.
This property offers a low-maintenance investment in a stable rental market, with solid tenants. Whether you're a seasoned investor or just getting started, this triplex offers a rare investment with cash flow from day 1.

Listing Agent

Ross Hutchinson

All-American Realty License #471021474 Listed on: 05/23/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,292

Year Built

  • Built in 1856

Home Design

  • Triplex
  • Asphalt Roof

Utilities

  • Window Unit Cooling System
  • Gas Water Heater

Additional Features

  • 2-Story Property
  • 8,712 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 02-1-03143-000

Community Details

Overview

  • 3 Units
  • Charleston Subdivision

Building Details

  • Operating Expense $6,389

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,292

Year Built

Built in 1856

Lot Details

0

Listing Details

  • Lot Size Acres: 0.2
  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Subdivision Name: Charleston
  • Year Built: 1856
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Property Sub Type Additional: Triplex
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Gas Water Heater
  • Owner Pays: Common Area Maintenance, Grounds Care, Taxes
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Roof: Asphalt
  • Waterfront: No

Utilities

  • Cooling: Window Unit(s)
  • Water Source: Public
  • Cooling Y N: Yes
  • Sewer: Public Sewer

Schools

  • Junior High Dist: Charleston Dist. 1

Lot Info

  • Lot Size Sq Ft: 8712.0
  • Parcel #: 02-1-03143-000
  • Zoning: RES
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 6389.0

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 1292.0

Map

Range of Values:

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Average Value
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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 $1,292 $16,900 $2,951 $13,949
2023 $1,292 $15,434 $2,695 $12,739
2022 $1,294 $15,179 $2,650 $12,529
2021 $1,333 $14,567 $2,543 $12,024
2020 $1,357 $15,093 $3,108 $11,985
2019 $1,334 $14,567 $3,000 $11,567
2018 $1,320 $14,567 $3,000 $11,567
2017 $1,303 $14,567 $3,000 $11,567
2016 $1,292 $14,567 $3,000 $11,567
2015 $1,190 $14,567 $3,000 $11,567
2014 $1,190 $13,000 $3,000 $10,000
2013 $1,190 $13,000 $3,000 $10,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2025 05/23/25 For Sale $149,900 +49.9% --
05/23/2024 05/23/24 Sold $100,000 -9.0% $54 / Sq Ft
04/22/2024 04/22/24 For Sale $109,900 +96.3% $59 / Sq Ft
04/21/2022 04/21/22 Sold $56,000 -2.6% --
03/29/2022 03/29/22 Pending -- -- --
10/06/2021 10/06/21 For Sale $57,500 -- --
Source: Central Illinois Board of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed $100,000 None Listed On Document
Warranty Deed $37,500 --
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $27,750 New Conventional
Previous Owner $26,400 Unknown
Previous Owner $37,500 New Conventional
Source: Public Records

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Source: Central Illinois Board of REALTORS®

MLS Number: 6252141

APN: 02-1-03143-000

Illinois Coles County Charleston 61920

802 Van Buren Ave, Charleston, IL

This home is located at 802 Van Buren Ave, Charleston, IL 61920 and is currently priced at $149,900. This property was built in 1856. 802 Van Buren Ave is a home located in Coles County with nearby schools including Charleston High School and Charleston Christian Academy.

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Nearby Homes
Listing Agent
Ross Hutchinson
Section Image
All-American Realty
(217) 748-1654