Property Description

Check out this great income producing duplex located in Vandalia, IL. Several recent updates with the biggest being a new roof in 2023, new HAVC system installed in 2023 for one of the units, new water heaters in 2024 and 2019. Each unit has its own laundry hookups. One of the unique aspects about this property is the electric, gas, and water is separately metered so less work for the investor billing back tenants. Majority of windows are vinyl along with vinyl siding, this makes the exterior of the duplex easy to maintain. One unit is 3 bedrooms and 2 full baths. Second unit is 3 bedrooms and 1.5 baths. Rents have ranged from $700-$750 the past year. Property is vacant so new owner has their own choice of tenants. Run your own numbers any way you like and you will see this property is priced appropriately to start making income for the new owner once the units are leased. Any questions feel free to get in touch with me or your favorite agent. Property is being sold as-is.

Features
: Forced Air
: Electric
: Some Refrigerator(s), Some Range Oven(s), Some Insulated Window(s)
: Off Street
Address Map
US
IL
Fayette-IL
Vandalia
62471
Madison
203
Street
0
W90° 54' 28.4''
N38° 57' 47.1''
W
Additional Information
RE/MAX Alliance
$0
None
: Vinyl Siding
113
VANDALIA DIST 203
Vandalia
MARTYLERSCH
MARRALL08
VANDALIA DIST 203
18-14-16-256-011
: Public Sewer
: None, No Exemptions
N/A
$2,344
2023
05/03/2025

Residential Income For Sale

203 Madison Street, Vandalia, Illinois 62471

0.14 Acre
$95,000
Listing ID #MAR24062703
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : MAR24062703
Price : $95,000
Year Built : 1895
Lot Size : 0.14 Acre
Lot Size Dimensions : 76x80
Property Sub Type : Multi-family 2-4
Standard Status : Closed
Agent info
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