Single Family for Sale: 202 S 2nd Street, O'Fallon, IL 62269 SOLD
2 beds
1 full, 1 half baths
1,488 sqft
$83,000
$83,000
202 S 2nd Street,
O'Fallon, IL 62269 SOLD
2 beds
1 full, 1 half baths
1,488 sqft
$83,000
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Selling Price: $83,000
Original List Price: $90,000
Sold at 92.2% of list price
Sold Date: 11/08/2024
Type Single Family
Style 1.5 Story
Architecture Traditional
Beds 2
Total Baths 1 full, 1 half baths
Total Living Area 1,488 sqft
Square Footage 1,488 sqft
Lot Size 0.24 acres
Year Built 1907
Taxes Paid $2,918
City O'Fallon
County St Clair-IL
Subdivision Helms Assessment
MLS 24062624
Status Closed
DOM 36 days
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.
Room Features
Main Level Full Baths 1
Upper Level Half Baths 1
Basement Description Block, Unfinished
Dining Description Separate Dining
Lot & Building Features
Appliances Dishwasher, Refrigerator, Range, Microwave
Architecture Traditional
Construction Aluminum Siding
Cooling Ceiling Fan(s), Wall/Window Unit(s), Electric
Heat Source Gas
Heating Forced Air
Interior Decor Historic/Period Mlwk, Window Treatments, Some Wood Floors
Parking Description Off Street
Sewer Public Sewer
Tax Year 2023
Water Public
Lot Dimensions 75x125 ft
Fireplace Locations None
Community and Schools
Junior High School SHILOH VILLAGE DIST 85
Senior High School OFallon
Price History of 202 2nd Street, O'Fallon, IL
| Date | Name | Price | Difference |
|---|---|---|---|
| 10/03/2024 | Listing Price | $83,000 | N/A |
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed. |
Listed by Red Door Realty Group Inc, Courtney Marsh & Caleb Marsh
Sold by Red Door Realty Group Inc, Courtney Marsh
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 Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information courtesy of: Red Door Realty Group Inc Listings displaying the MARIS logo are courtesy of the participants of Mid America Regional Information Systems Internet Data Exchange |