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Backup Offers

202 S 2nd St, Ofallon, IL, 62269

$90,000

Home List Price

$1,069*

Closing Credit

2 Bedrooms
1 Full Bath, 1 Partial
1,488 SqFt
$60/SqFt
House

Location

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202 S 2nd St, Shiloh$90,000

Buyer Closing Credits

$1,069*

1.25% Loan Amount

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Property Highlights

Home TypeResidential
ParkingOff Street
Year Built1907
HeatingForced Air
CoolingWall/Window Unit(s), Ceiling Fan(s), Electric
BasementYes
FireplaceNone
MLS #24062624
Lot Size0.24 Acres
StatusAccepting Backup Offers

About 202 S 2nd St

This rental property is a great investment opportunity. It is currently rented for $855/month and has long-term tenants of 10+ years. The lease is in place through July 2025. The home offers one bedroom on the main level, along with a living room, dining room, kitchen, and a full bathroom. Upstairs, you'll find another bedroom, a half bath, and a bonus room used as a third bedroom. Please note that no interior photos are available due to tenants' rights. The property is being sold in **as-is** condition, with repairs and updates needed once the tenants vacate. Estimated after-repair value (ARV) ranges between $130K and $150K, conservatively. The seller has an assumable mortgage rate of 4.12% with Wells Fargo, offering a potential financing advantage for buyers. Please do not disturb tenants. No Showings will be allowed until a conditional offer is accepted.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1907
  • Living Area: 1,488 SqFt

Listing Office:

  • Office Name: Red Door Realty Group Inc

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Basement: Yes
  • Interior: Historic/Period Mlwk, Window Treatments, Some Wood Floors
  • Fireplace: None

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Attached Garage: No
  • Parking: Off Street

Lot Features

Lot Information:

  • Lot: Fencing, Level
  • Lot Size: 0.24 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Wall/Window Unit(s), Ceiling Fan(s), Electric

School Info

Assigned Schools Information:

  • O Fallon High School, Public District Grades 9-12
  • Shiloh Middle School, Public District Grades 5-8
  • Shiloh Elementary School, Public District Grades PK-4

Other

Directions Information:

  • Directions: GPS Friendly - Lebanon Ave to Shiloh Station Rd to S Second St

Price Information

Listing Price Info

Price Summary:

  • List Price: $90,000
  • Price Per SqFt: $60/SqFt
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Housing Market Comparison

See how this home compares to others in Shiloh, IL.

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Shiloh, IL

City

Med. Sold Price

$351K

Med. Price/SqFt

$134

Avg. Days On Market

56

# of Sold Homes

14

202 S 2nd St vs Shiloh

34 DAYS ON ROCKET

-22 Days

$90,000

-$261K Less

$60/SqFt

-$74 Less

KEY TAKEAWAY

This property is $261K less than the Median Sold Price and $74/SqFt less than other homes in Shiloh, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MARIS
  • MLS Number: #24062624

Listing Office:

  • Office Name: Red Door Realty Group Inc

IDX Listings courtesy of Mid America Regional Information System as distributed by 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.

IDX 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.

IDX information is provided exclusively for consumers personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.

Listings courtesy of MARIS MLS as distributed by MLS GRID. Copyright © 2024 Mid America Regional Information System (MARIS). All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 9:23:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$517

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$336

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-132623
5
/10

  • Shiloh Elementary School

  • 125 Diamond Ct

  • 0.15 miles

  • Public District Grades PK-4

Middle School

school-card-donut-132624
7
/10

  • Shiloh Middle School

  • 1 Wildcat Xing

  • 0.53 miles

  • Public District Grades 5-8

High School

school-card-donut-132625
8
/10

  • O Fallon High School

  • 600 S Smiley St

  • 2.24 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $78,786. Typical income of Shiloh, IL residents is between $35k-100k annually. Most families are married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 202 S 2nd St

What is the listing price of this property?

The listing price of 202 S 2nd St property is $90,000.

What type of property is this?

The property 202 S 2nd St is a house located in Ofallon, Illinois, 62269.

Is this property for sale now?

Accepting Backup Offers: 202 S 2nd St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 202 S 2nd St are:
Shiloh Elementary School: GreatSchools Rating 5/10
Shiloh Middle School: GreatSchools Rating 7/10
O Fallon High School: GreatSchools Rating 8/10

How many bedrooms and bathrooms does this property have?

The property at 202 S 2nd St has 2 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 202 S 2nd St is 1,488 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 202 S 2nd St is 1907.

Rocket Homes›Illinois›Saint Clair County›Shiloh›62269›202 S 2nd St

This home is located at 202 S 2nd St in Ofallon, IL and zip code 62269. This 1,488 square foot home, which was built in 1907, sits on a 0.24 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 02, 2024 and is currently priced at $90,000.

In October 2024 more than 3 listings in Shiloh, IL were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 7 were sold below. The number of listings in Shiloh, IL increased by 16.3% between September 2024 and October 2024. Listings spent 56 days on the market in October 2024, and had a median list price of $351,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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