Prime investment opportunity in the heart of Collinsville, Illinois! This well-maintained 4-unit building is ideal for investors looking to grow their rental portfolio. Each spacious apartment features 2 bedrooms and 1 bathroom, with in-unit washer/dryer hookups. Recent updates include new building front entry doors freshly painted to enhance curb appeal, new flooring and lighting in front entry, new decks, new slider doors on upper units, new sidewalk/front stoop, and some new siding/paint.
This property is conveniently located near local amenities, schools, and major highways, and all units are currently rented with long-term tenants. Proof of funds and/or Approval Letter required to show, 48-hour advance notice is required for all showings. Sellers' agent will be present for all showings. With a strong rental market in Collinsville, this multi-unit property is a solid choice for consistent cash flow. Second property available for purchase at 1003 Cherokee Drive, MLS#25028857
Lot & Building Features
AppliancesElectric Water Heater
ConstructionBrick Veneer, Other
CoolingCentral Air, Electric
HeatingElectric, Forced Air
Parking DescriptionOff Street
SewerPublic Sewer
Tax Year2023
Taxes Paid$3,459
WaterPublic
Community and Schools
Elementary SchoolCOLLINSVILLE DIST 10
Junior High SchoolCOLLINSVILLE DIST 10
Senior High SchoolCollinsville
Price History of 1002 Cherokee Drive, Collinsville, IL
Date
Name
Price
Difference
05/06/2025
Listing Price
$310,000
N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
1002 Cherokee Drive (MLS #25029710) is a residential income listing located in Collinsville, IL.
This is a residential income listing with a lot of 12,197 sqft (or 0.28 acres). This property was listed on 05/06/2025 and has been priced for sale at $310,000.
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.
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Listing information courtesy of: Berkshire Hathaway HomeServices Select Properties
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