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203 W Madison Street

Vandalia, IL 62471

– beds
– baths
– sqft
6,098 sqft lot
1895 build
– on site

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.

Listing courtesy of MARIS / RE/MAX Alliance

Last checked: Checking… • Last updated Nov 16, 2024 •

MLS# 24062703 —

The Building

Year Built:

1895
Construction Materials:

Vinyl Siding
Above Grade Finished Area:

3013
Above Grade Finished Area Source:

Public Records

Financial & Terms

Price Per SqFt:

34.85

Location

Latitude:

38.963076
Longitude:

-89.09212

The Property

Parcel Number:

18-14-16-256-011
Property Type:

Residential Income
Property Subtype:

Multi-Family 2-4
Lot Size Acres:

0.14
Lot Size Dimensions:

76x80
Lot Size SqFt:

6098
Lot Size Source:

County Records
Water Source:

Public
Driveway:

Gravel

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Annual Amount:

2344
Prop Asses City Tax:

1

The Listing

Disclosures:

Unknown, Sellers Discl. Avail
Special Listing Conditions:

No Exemptions, None

Heating & Cooling

Cooling:

Electric
Heating:

Forced Air
Heating:

true

Utilities

Sewer:

Public Sewer
Propane Tank:

None

Appliances

Appliances:

Some Insulated Window(s), Some Refrigerator(s), Some Range Oven(s)

Schools

Elementary School:

VANDALIA DIST 203
Middle Or Junior School:

VANDALIA DIST 203
High School:

Vandalia
High School District:

VANDALIA DIST 203

The Community

Subdivision Name:

N/A
Association Fee Frequency:

None

Parking

Attached Garage:

false
Parking Features:

Off Street

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price	% Change
11/16/24 Nov 16, 2024	Pending	MARIS	$105,000
10/2/24 Oct 2, 2024	Listed / Active	MARIS	$105,000

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This multifamily located in Vandalia, IL 62471 is currently pending sale for $105,000. 203 W Madison Street is a – square foot multifamily with – beds and – baths that has been on Estately for 50 days. This multifamily is in the attendance area of Jefferson Primary School, Vandalia Elementary School, Vandalia Community High School, and Vandalia Junior High School.

Listing Courtesy of: MARIS and RE/MAX Alliance.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Information from Third Parties, Deemed Reliable but Not Verified.