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1216 Main Street

Highland, IL 62249
  • $215,000
  • STATUS: Active Under Contract
  • ON SITE: 29 Days
  • ID#: 25008537
Under Contract
$215,000
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,138
    SQFT
  • $69
    $/SQFT
Neighborhood:
Highland
Type:
Multi-Family
Built:
1950
County:
Madison

School Information

Elementary School:
Highland Dist 5
Middle School:
Highland Dist 5
High School:
Highland
School District:
Highland Dist 5
School Ratings & Info

Description

This amazing brick property in Highland has the duality you'll need! With 2 residential units on the top floor and 1 large commercial space on the main level it's sure to offer the occupants and residents what they desire. The commercial space rents for $850/mo, 1 bedroom at $550/mo and the 2 bedroom rents for $750/mo. All 3 units are occupied. This property has been remodeled to perfection, including new flooring, granite counter tops, new trim, ample space for storage, washer/dryer, newer plumbing and Armor electric lines! The brick is solid and well tuck pointed! Your portfolio needs this addition, showings available with accepted offers. Chamber of Commerce holding a 10 year lease with 3 years remaining, 24 month lease in place on 1 unit and 6 month leases in place for the other. Selling as/is, buyers inspections for informational purposes only. Seller will also purchase 12 month warranty for buyer!

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Listing information © 2025 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2025-03-20T23:39:26.143.

Hartmann Realtors Inc.: (618) 344-7900
www.hartreal.com/homes/160656235
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1216 Main Street Highland, IL 62249

  • Price: $215,000
  • Status: Active Under Contract
  • On Site: 29 Days
  • ID#: 25008537
0
Beds
0
Baths
0
½ Baths
0.16
Acres
3,138
SQFT
$69
$/SQFT
1950
Built
Neighborhood:
Highland
County:
Madison
Elementary School:
Highland Dist 5
Middle School:
Highland Dist 5
High School:
Highland
School District:
Highland Dist 5
Property Description
This amazing brick property in Highland has the duality you'll need! With 2 residential units on the top floor and 1 large commercial space on the main level it's sure to offer the occupants and residents what they desire. The commercial space rents for $850/mo, 1 bedroom at $550/mo and the 2 bedroom rents for $750/mo. All 3 units are occupied. This property has been remodeled to perfection, including new flooring, granite counter tops, new trim, ample space for storage, washer/dryer, newer plumbing and Armor electric lines! The brick is solid and well tuck pointed! Your portfolio needs this addition, showings available with accepted offers. Chamber of Commerce holding a 10 year lease with 3 years remaining, 24 month lease in place on 1 unit and 6 month leases in place for the other. Selling as/is, buyers inspections for informational purposes only. Seller will also purchase 12 month warranty for buyer!
Exterior Features

Attached Garage YN No Construction Materials Brick Driveway Concrete Lot Size Dimensions 50x140 Lot Size Source County Records Parking Features Additional ParkingMore Than 1 Spc/UnitOff Street

Interior Features

Above Grade Finished Area Source Public Records Appliances Some Dishwasher(s)Some Microwave(s)Some Refrigerator(s)Some Shower Bath(s)Some Smoke Alarm(s)Some Window Treatment(s) Cooling ElectricIndividual Units Heat Source Gas Heating Forced Air Heating YN Yes

Property Features

Association Southwestern Illinois Board of REALTORS Association Fee Frequency None Building Description Other Current Financing Cash OnlyConventionalFHAVA Disclosures UnknownFlood Plain NoSellers Discl. Avail Lease Term Other Miscellaneous BasementBonus RoomDeckLaundry Facility inStorage Room Avail Net Operating Income 11520 Operating Expense Includes InsuranceTaxesOther Ownership Private Possession Close Of EscrowSubject to Tenant Rights Property Sub Type Multi-Family 2-4 Sewer Public Sewer Special Listing Conditions RenovatedNone Tax Annual Amount 3749 Tax Year 2023 Tenant Pays All Utilities Transaction Type Sale Type Of Units 2-Family Water Source Public

Listing provided courtesy of Coldwell Banker Brown Realtors: 6562278. Listing information © 2025 Mid America Regional Information Systems, Inc.
Listing information © 2025 Mid America Regional Information Systems, Inc. Information from third parties deemed reliable but not verified. Data last update 2025-03-20T23:39:26.143.

Hartmann Realtors Inc.: (618) 344-7900
 
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