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    Two-Unit Residential Income Property Title is generated by Realmo AI

    33 Fox Meadow Lane, Glen Carbon, IL 62034

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    Claim this Listing
    New
    Pending
    $300,000

    Traditional, 2-4 Units - Glen Carbon, IL

    Property size:
    2,382 SF
    Lot size:
    0.28 Acres
    Added:
    Jun 23, 2026
    Days on Market:
    5
    Last Refresh:
    Jun 27 at 7:06 am

    Property Features for 33 Fox Meadow Lane

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking features
    Garage, Garage - Attached
    Security features
    Smoke Detector(s)
    Appliances
    Dishwasher, Range, Refrigerator, Washer
    Standard status
    Pending
    APN
    14-2-15-23-03-302-042
    Size
    2,382 SF
    Lot size
    0.28 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    6216

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1985
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Carpet, Vinyl, Wood
    Building materials
    Brick, Brick Veneer, Vinyl Siding
    Roof type
    Shingle
    Architectural style
    New Traditional

    We can help!

    Contact an agent
    Shawn Uhe
    Shawn Uhe

    Listing agent Shawn Uhe License #475.158794

    Listing office Coldwell Banker Brown Realtors 2205 South State Route 157, Edwardsville, IL

    Listing date Jun 23, 2026

    MLS# 26038938 Listing URL

    Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Two 2‑bedroom/1‑bath units with finished lower level space in both units
    • New roof installed June 2024
    • New furnaces for both units installed in 2021
    • Central air and forced‑air natural gas heating
    • Attached garage parking
    • Brick/brick veneer and vinyl siding exterior with shingle roof

    Overview

    This residential income property features two 2-bedroom, 1-bath units, each with finished lower level space. The homes include charming updates and an open floor plan for main living areas. Exterior features include a huge back yard, providing outdoor space for residents.

    The property is located at 33 Fox Meadow Lane in Glen Carbon, Illinois, in Madison County. Recent major improvements include a new roof placed in June 2024 and new furnaces for both units installed in 2021.

    For buyers seeking a straightforward rental setup, the unit configuration offers two separate living spaces with similar layouts and functional lower level space. The combination of in-place updates, completed mechanical improvements, and outdoor yard area can support tenants looking for more usable square footage within a compact, manageable two-unit structure. This is a practical option for an investor or owner-occupant who wants a residential income property with clear, defined unit count and thoughtful upgrades.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $27.2k $11.40
    − Vacancy −$2.1k −$0.88
    EGI $25.1k $10.52
    − OpEx −$7.5k −$3.16
    NOI $17.5k $7.37
    2,382 SF · lease $11.40/SF/yr · vacancy 7.69% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $250.7K
    $219.3K – $292.5K (±1% cap)
    NOI $17,547 @ 7.0% cap · market cap 5.85%
    Second Best
    Apartment 5plus
    $235.3K
    $205.9K – $274.5K (±1% cap)
    NOI $16,470 @ 7.0% cap · market cap 5.49%
    Theoretical Best
    Office A
    $649.3K
    $568.1K – $757.5K (±1% cap)
    NOI $45,449 @ 7.0% cap · market cap 15.15%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Glen Carbon
    County
    Madison
    State
    Illinois
    Longitude
    -89.961029
    Latitude
    38.776408

    FAQs

    What type of property is this?
    Duplex - Two updated 2-bedroom units with finished lower levels and a large backyard in Glen Carbon, IL.
    Where is this duplex located?
    The property is located at 33 Fox Meadow Lane Glen Carbon, IL.
    What is the asking price?
    The asking price for this property is $300,000.
    What are key features of this property?
    This property features: Two 2‑bedroom/1‑bath units with finished lower level space in both units; New roof installed June 2024; New furnaces for both units installed in 2021
    More about this property
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