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    401 S East St Jacksonville, IL 62650

    For Sale
    $92,500

    Residential Income - Jacksonville, IL

    Property size:
    2,402 SF
    Days on Market:
    189
    Last Refresh:
    Dec 11 at 11:06 am

    Property Features for 401 S East St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    09-21-112-017
    Parking features
    On Street
    Size
    2,402 SF

    Utilities

    Heating system
    Forced Air, Natural Gas

    Building Details

    Year built
    1935
    Number of units
    2
    Building materials
    Vinyl Siding
    Roof type
    Shingle
    Architectural style
    Other

    The Real Estate Group, Inc. (217) 787-7000 [email protected]

    Listing agent Clayton Yates (217) 787-7000 License #475160796

    Listing date Jun 6, 2025

    MLS# CA1034093 Listing URL

    Copyright © 2025 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Jacksonville Residential Income Opportunity

    This residential income property, located in Jacksonville, Illinois, presents an opportunity to expand or initiate an investment portfolio. The property features an upstairs unit with new paint, sanded original hardwood floors in the bedrooms, and new flooring in the living room. A new roof has been installed. The upper unit includes a wash/dryer hookup. The property is being sold as-is. The total living area is 2402 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Jacksonville
    County
    Morgan
    State
    Illinois
    Longitude
    -90.226996
    Latitude
    39.731173

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    FAQs

    What type of property is this?
    Duplex - Residential income property in Jacksonville, Illinois, ideal for investment.
    Where is this duplex located?
    The property is located at 401 S East St Jacksonville, IL.
    What is the asking price?
    The asking price for this property is $92,500.
    What are key features of this property?
    This property features: - New Roof; - Sanded Original Hardwood Floors in Bedrooms (Upstairs Unit); - New Flooring in Living Room (Upstairs Unit)
    (217) 787-7000
    Request Owner's contact information
    401 S East St Jacksonville, IL 62650
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    Jacksonville, IL 62650
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    401 S East St Jacksonville, IL 62650
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