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

    528 E Main Street, Collinsville, IL 62234

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    Claim this Listing
    For Sale
    $160,000

    MULTI_FAMILY - Other - Collinsville, IL

    Property size:
    1,923 SF
    Lot size:
    0.18 Acres
    Price / SF:
    $83/SF
    Added:
    May 17, 2026
    Days on Market:
    48
    Last Refresh:
    Jul 3 at 1:06 am

    Property Features for 528 E Main Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    5
    Bathrooms
    3
    Rooms
    Bathroom 2, Bathroom 1, Bedroom 5, Bedroom 1, Bedroom 4, Bathroom 3, Basement, Bedroom 3, Bedroom 2
    Parking
    1
    Basement
    Unfinished
    Standard status
    Active
    APN
    13-2-21-34-05-105-007
    Size
    1,923 SF
    Lot size
    0.18 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    COLLINS E W SECOND ADD TO COLL LOT 52X148.5
    Tax Annual Amount
    3302

    Utilities

    Utilities
    Cable Available
    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1900
    Floors in Building
    2
    Building materials
    Brick, Vinyl Siding
    Architectural style
    Other

    We can help!

    Contact an agent
    Andrew Wilde
    Andrew Wilde

    Listing agent Andrew Wilde License #475128471

    Listing office RE/MAX Alliance 1099 Belt Line Rd, Suite M, Collinsville, IL

    Listing date May 17, 2026

    MLS# 26030634 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‑unit building in Collinsville with Unit A on the main level and Unit B upstairs
    • Unit A offers 3 bedrooms, 2 bathrooms, a spacious living room, kitchen, and a flexible additional room; includes laundry hookups
    • Unit B includes 2 bedrooms, 1 bathroom, a kitchen, and additional storage space
    • Oversized detached 1‑car garage at the rear of the property for extra storage or parking options
    • Year built 1900 with brick and vinyl siding exterior materials
    • Utilities include public water; heating is natural gas forced air with central air cooling

    Overview

    This two-unit duplex includes a main-level Unit A and an upstairs Unit B, each with a separate kitchen layout and living space. Unit A offers three bedrooms and two bathrooms, along with laundry hookups, a spacious living room, a kitchen, and an additional flexible room that can function as a family room or dining area. Unit B includes two bedrooms and one bathroom, plus a kitchen and additional storage space. A detached oversized 1-car garage at the rear of the property adds extra room for storage and possible parking use.

    The property is located at 528 E Main Street in Collinsville, Illinois, in Madison County. Public remarks indicate convenient access for commuters near interstates, and the building is described as within walking distance of Uptown Collinsville festivals, restaurants, and events.

    The duplex format is well-suited for tenants looking for self-contained living arrangements within one property, or for buyers seeking the flexibility of living in one unit while renting the other. The presence of laundry hookups in Unit A and extra storage in Unit B supports everyday livability, while the detached garage can help reduce storage constraints for residents.

    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 $21.9k $11.40
    − Vacancy −$1.7k −$0.88
    EGI $20.2k $10.52
    − OpEx −$6.1k −$3.16
    NOI $14.2k $7.37
    1,923 SF · lease $11.40/SF/yr · vacancy 7.69% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $202.4K
    $177.1K – $236.1K (±1% cap)
    NOI $14,165 @ 7.0% cap · market cap 8.85%
    Second Best
    Apartment 5plus
    $190.0K
    $166.2K – $221.6K (±1% cap)
    NOI $13,297 @ 7.0% cap · market cap 8.31%
    Theoretical Best
    Office A
    $524.2K
    $458.6K – $611.5K (±1% cap)
    NOI $36,691 @ 7.0% cap · market cap 22.93%
    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 Gym & Fitness Center Restaurant Accounting Firm Food Market Pharmacy Dental Office Skin Care Clinic Bakery Nursing Home

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

    Location Insight

    • Map
    • Local Demand
    City
    Collinsville
    County
    Madison
    State
    Illinois
    Longitude
    -89.980799
    Latitude
    38.671418

    FAQs

    What type of property is this?
    Duplex - Two-unit duplex with detached 1-car garage offers a practical setup for owner-occupants and rental investors.
    Where is this duplex located?
    The property is located at 528 E Main Street Collinsville, IL.
    What is the asking price?
    The asking price for this property is $160,000.
    What are key features of this property?
    This property features: Two‑unit building in Collinsville with Unit A on the main level and Unit B upstairs; Unit A offers 3 bedrooms, 2 bathrooms, a spacious living room, kitchen, and a flexible additional room; includes laundry hookups; Unit B includes 2 bedrooms, 1 bathroom, a kitchen, and additional storage space
    More about this property
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