1 month on rocket

203 W Madison St, Vandalia, IL, 62471

$105,000

Home List Price

$1,247*

Closing Credit

0 Baths
Multi

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

203 W Madison St, Vandalia$105,000

Buyer Closing Credits

$1,247*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingOff Street
Year Built1895
HeatingForced Air
CoolingElectric
MLS #24062703
Lot Size0.14 Acres
StatusActive

About 203 W Madison St

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.

Property Details

Property Features

Property Information:

  • Year Built: 1895

Listing Office:

  • Office Name: RE/MAX Alliance

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Off Street

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Electric

School Info

Assigned Schools Information:

  • Vandalia Community High School, Public District Grades 9-12
  • Vandalia Elementary School, Public District Grades 2-4

Price Information

Listing Price Info

Price Summary:

  • List Price: $105,000

Tax Information:

  • Annual Amount: $2,284
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Map thumbnail provided by MapBox

Vandalia, IL

City

Med. Sold Price

$124K

Med. Price/SqFt

$88

Avg. Days On Market

56

# of Sold Homes

6

203 W Madison St vs Vandalia

33 DAYS ON ROCKET

-23 Days

$105,000

-$19K Less

KEY TAKEAWAY

This property is $19K less than the Median Sold Price in Vandalia, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MARIS
  • MLS Number: #24062703

Listing Office:

  • Office Name: RE/MAX Alliance

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: 11/4/2024, 11:53:47 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,284$25,090
2019$1,661$24,125
2018$1,661$24,125

History based on county public records data.

Payment Calculator

$592

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$381

Powered By

Rocket Mortgage

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-1931504
4
/10

  • Vandalia Elementary School

  • 1017 W Fletcher St

  • 1.05 miles

  • Public District Grades 2-4

High School

school-card-donut-1931505
4
/10

  • Vandalia Community High School

  • 1109 N 8th St

  • 0.82 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 $56,308. Residents of Vandalia, IL typically earn between $35k-100k each year. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Illinois›Fayette County›Vandalia›62471›203 W Madison St

This home is located at 203 W Madison St in Vandalia, IL and zip code 62471. This home, which was built in 1895, sits on a 0.14 acre lot. It has been listed on Rocket Homes since October 03, 2024 and is currently priced at $105,000.

In October 2024, from all listings sold in Vandalia, IL there were more than 1 sold above asking price, over 3 sold below and more than 2 were sold right at the asked price. Between September 2024 and October 2024, Vandalia, IL real estate market has seen increase in the number of listings by 5.7%. In October 2024 median list price was $124,000 and the average listing age was 56 days.

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

More Resources