5 months on rocket

504 S 18th St, Herrin, IL, 62948

$99,997

Home List Price

$1,187*

Closing Credit

0 Baths
Multi

Location

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504 S 18th St, Herrin$99,997

Buyer Closing Credits

$1,187*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeMulti Family
ParkingAlley Access, Carport
Year Built1964
HeatingBaseboard, Electric, Other
MLS #QC4254604
StatusActive

About 504 S 18th St

This well maintained, fully rented duplex is the perfect addition to your investment portfolio - or the ideal property to kickstart your real estate journey. This duplex is priced at an unbeatable $99,997, offering exceptional cash flow in addition to meeting the 1% rule for savvy investors. Fully rented with reliable tenants, this property generates consistent income & immediate cash flow, with minimal hassle. Each unit features 2 bedrooms, 1 bathroom, and spacious living areas with recent updates. Don't miss this rare opportunity to own a turnkey investment property at an amazing price! Minimal maintenance and consistent cash flow make this an investor's dream. Don't miss this rare find! Schedule your showing today.

Property Details

Property Features

Property Information:

  • Year Built: 1964

Listing Office:

  • Office Name: House 2 Home Realty Marion
  • Office Phone: (618) 969-0100
  • Listing Agent: Kaitlynn Morgan

Interior Features

Interior Information:

  • Basement: No

Exterior Features

Parking Information:

  • Attached Garage: No
  • Parking: Alley Access, Carport

Lot Features

Lot Information:

  • Lot: Level, Other

Utilities

Utilities Information:

  • Heating: Baseboard, Electric, Other

Other

Directions Information:

  • Directions: Route 148 to W on Poplar St to N on 18th St to duplex.

Price Information

Listing Price Info

Price Summary:

  • List Price: $99,997

Tax Information:

  • Annual Amount: $1,668
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$124K

Med. Price/SqFt

$82

Avg. Days On Market

42

# of Sold Homes

14

504 S 18th St vs Herrin

153 DAYS ON ROCKET

+111 Days

$99,997

-$24K Less

KEY TAKEAWAY

This property is $24K 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: #QC4254604

Listing Office:

  • Office Name: House 2 Home Realty Marion
  • Office Phone: (618) 969-0100
  • Listing Agent: Kaitlynn Morgan

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, 12:21:03 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$1,668$18,270
2019$1,594$18,270
2018$1,553$18,270
2017$1,518$18,270

History based on county public records data.

Payment Calculator

$567

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$366

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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-4526503
8
/10
  • Herrin C U S D 4 Elementary School

  • 5200 Herrin Rd

  • 1.98 miles

  • Public District Grades 2-5

school-card-donut-4526504
9
/10
  • Tri-C Elementary School

  • 1405 W Grand Ave

  • 5.06 miles

  • Public District Grades KG-3

school-card-donut-4526505
5
/10
  • Lincoln Elementary School

  • 400 Morningside Dr

  • 6.97 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,947. Most Herrin, IL residents have annual incomes less than $35k. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas


Rocket HomesIllinoisWilliamson CountyHerrin62948504 S 18th St

This home is located at 504 S 18th St in Herrin, IL and zip code 62948. This home was built in 1964. It has been listed on Rocket Homes since July 17, 2024 and is currently priced at $99,997.

In November 2024 more than 2 listings in Herrin, IL were sold above the asking price. During the same period more than 2 listings were sold at asking price, while more than 10 were sold below. The number of homes for sale in Herrin, IL decreased by 4.2% between October 2024 and November 2024. Listings spent 42 days on the market in November 2024, and had a median list price of $124,000 during the same period.

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

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