Four-Unit
For Sale
$155,000
427 East Drive, Marissa, IL 62257
Residential Income, Marissa, IL
Property SizeContact for details
Days on Market112
Property Features for 427 East Drive
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
2
Bathrooms
1
Full bathrooms
1
Rooms
Dining Room, Bedroom 2, Bedroom 1, Bathroom 1
Parking features
Assigned, Parking Lot
Window features
Screens, Double Pane Windows
Interior features
Kitchen/Dining Room Combo, Shower, Tub
Exterior features
Awning(s), Courtyard
Appliances
Range, Refrigerator
Lot features
Open Lot
Elementary school
MARISSA DIST 40
Middle school
MARISSA DIST 40
High school
Marissa
Elementary school district
Marissa DIST 40
Middle school district
Marissa DIST 40
High school district
Marissa DIST 40
Standard status
Active
APN
21-27.0-202-009
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
2312
Utilities
Utilities
Cable Available
Heating system
Baseboard
Cooling system
Wall/Window Unit(s), Window Unit(s), Wall Unit(s)
Water source
Public
Building Details
Year built
1970
Flooring type
Laminate, Carpet
Building materials
Vinyl Siding
Roof type
Shingle
Listing Agency:
Coldwell Banker Brown Realtors · Coldwell Banker Real Estate
(618) 235-7992
Listed By:
Annette Wendler · License #471020402
(618) 692-7290
Added: May 21
Changed: Sep 4
Last Checked: Sep 9 at 1:06PM
MLS# 25056756
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.
Investment Insights
Based on property information with market context.
This 1970-built quadplex at 427 East Drive contains four residential units, each arranged with two bedrooms and one bathroom. Interior features include kitchen/dining room combinations, showers, tubs, laminate and carpet flooring, baseboard heating, and wall or window cooling units. Each unit is equipped with a range and refrigerator. Vinyl siding, a shingle roof, awnings, and a courtyard complete the property’s physical improvements.
The property is served by public water, with cable available. Parking is provided in an assigned parking lot. Located in Marissa, Illinois, the building is configured as a residential income property with four separate units.
The property is served by public water, with cable available. Parking is provided in an assigned parking lot. Located in Marissa, Illinois, the building is configured as a residential income property with four separate units.
Key Highlights
- Four units, each with 2 bedrooms and 1 bathroom
- Built in 1970
- Kitchen/dining room combination in each unit
Property Analytics
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
120
Businesses Nearby
Explore this area
Business Placement
Demographics for 62257, IL
2,753
Population
1,092
Households
2.5
Avg Household Size
44
Median Age
15%
College-Educated
96%
High-School Grad
80.4 sq mi
ZIP Area
34
Density / Sq Mi
$66,848
Median Household Income
$36,050
Median Earnings
$621
Median Rent
$119,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Quadplex - Four residential units offer two-bedroom layouts with one bathroom per unit and shared outdoor space.
Where is this quadplex located?
The property is located at 427 East Drive Marissa, IL.
What is the asking price?
The asking price for this property is $155,000.
What are key features of this property?
This property features: Four units, each with 2 bedrooms and 1 bathroom; Built in 1970; Kitchen/dining room combination in each unit
