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Backup Offers

416 N 8th St, Herrin, IL, 62948

$105,000

Home List Price

$1,247*

Closing Credit

0 Baths
Multi

Location

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416 N 8th St, Herrin$105,000

Buyer Closing Credits

$1,247*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingDetached, On Street, Parking Pad
Year Built1952
HeatingNatural Gas
BasementYes
MLS #EB455776
StatusAccepting Backup Offers
(Pending Continue to Show)

About 416 N 8th St

Investment Opportunity in Herrin, IL! This well-maintained property features a 2-bedroom, 1-bath main home with a basement, plus a converted, attached garage expanded into a separate apartment. The layout offers excellent options for both investors and homeowners—live on one side and earn rental income from the other! A detached 2-car garage, currently used by the main house tenant, provides extra convenience and storage. This property is located in Herrin, where the rental market remains strong, with median rents reaching around $1,000—a steady increase reflecting high demand for quality rental spaces. This makes it an ideal addition to any portfolio or a smart choice for those seeking supplemental income from homeownership. With its flexible layout, investment potential, and excellent location, this property is ready for its next owner to maximize its value. Don’t let this opportunity slip by—schedule a viewing today to see everything this unique property has to offer! Propery is open to inspection but bein sold AS-IS

Property Details

Property Features

Property Information:

  • Year Built: 1952

Listing Office:

  • Office Name: Indigo Realty LLC
  • Office Phone: (618) 952-5200
  • Listing Agent: Alysa Bunting

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Detached, On Street, Parking Pad

Lot Features

Lot Information:

  • Lot: Level

Utilities

Utilities Information:

  • Heating: Natural Gas

Other

Directions Information:

  • Directions: From North Park Avenue, turn right onto East Monroe Street, turn left onto 8th Street, Property on the right

Price Information

Listing Price Info

Price Summary:

  • List Price: $105,000

Tax Information:

  • Annual Amount: $2,155
  • Tax Year: 2020
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Housing Market Comparison

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

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Herrin, IL

City

Med. Sold Price

$124K

Med. Price/SqFt

$82

Avg. Days On Market

42

# of Sold Homes

14

416 N 8th St vs Herrin

42 DAYS ON ROCKET

-0 Day

$105,000

-$19K Less

KEY TAKEAWAY

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

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RMLSA
  • MLS Number: #EB455776

Listing Office:

  • Office Name: Indigo Realty LLC
  • Office Phone: (618) 952-5200
  • Listing Agent: Alysa Bunting

IDX Listings courtesy of RMLS Alliance 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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of RMLS Alliance®. Real estate listings held by brokerage firms other than this broker are marked with the RMLSA logo and detailed information about them includes the name of the listing brokers. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. Copyright © 2024 Peoria Area Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 9:21:02 AM 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$2,155$23,600
2019$1,065$23,600
2018$1,037$23,600
2017$1,014$23,600

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

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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.

Nearby Schools

school-card-donut-4484137
8
/10

  • Herrin C U S D 4 Elementary School

  • 5200 Herrin Rd

  • 2.41 miles

  • Public District Grades 2-5

school-card-donut-4484138
9
/10

  • Tri-C Elementary School

  • 1405 W Grand Ave

  • 5.92 miles

  • Public District Grades KG-3

school-card-donut-4484139
5
/10

  • Lincoln Elementary School

  • 400 Morningside Dr

  • 6.76 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,277. Most Herrin, IL residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›Illinois›Williamson County›Herrin›62948›416 N 8th St

This home is located at 416 N 8th St in Herrin, IL and zip code 62948. This home was built in 1952. It has been listed on Rocket Homes since November 05, 2024 and is currently priced at $105,000.

Herrin, IL housing market in November 2024 saw over 2 listings sold above listed price, more than 2 sold at listed price and over 10 sold below. The number of homes for sale in Herrin, IL decreased by 4.2% between October 2024 and November 2024. In November 2024, listings were on the market for 42 days. During the same period, the median list price in this real estate market was $124,000.

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

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