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    221 B St Collinsville, IL 62234

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    For Sale
    $135,000

    Duplex in Collinsville, both units currently occupied, great investment opportunity.

    Property size:
    2,192 SF
    Lot size:
    0.17 Acres

    Property Features for 221 B St

    General Information

    Size
    2,192 SF
    Lot size
    0.17 Acres

    Building Details

    Year built
    1920

    Source: Keller Williams Marquee Agent Jr

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Collinsville Duplex Investment Opportunity

    This duplex investment opportunity is located in Collinsville. Unit 221 A is a three-bedroom unit equipped with central air, installed two years ago, and has access to the garage. The unit rents for $1100 per month. The rental agreement includes a refrigerator, range, and dishwasher. The tenant owns the window units upstairs. Unit 221 B is a one-bedroom upstairs unit with a long-term tenant, renting for $540 per month. It includes a refrigerator, range, and window unit. The units share one water heater, with 221 A paying for the gas for the water heater and handling lawn maintenance, as included in the rental agreement. The property size is 2192 square feet. This property is part of an investor's portfolio and may be packaged with other units.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant 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
    Collinsville
    County
    Madison
    State
    Illinois
    Longitude
    -90.014297
    Latitude
    38.673901

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      Triplex Investment Opportunity

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    FAQs

    What type of property is this?
    Duplex - Duplex in Collinsville, both units currently occupied, great investment opportunity.
    Where is this duplex located?
    The property is located at 221 B St Collinsville, IL.
    What is the asking price?
    The asking price for this property is $135,000.
    What are key features of this property?
    This property features: - Duplex investment opportunity with both units currently occupied, providing immediate rental income.; - Unit 221 A, a 3-bedroom unit, rents for $1100/month and includes central air (installed 2 years ago) and garage access.; - Unit 221 B is a 1-bedroom unit with a long-term tenant, renting for $540/month.
    (618) 344-7900
    Request Owner's contact information
    221 B St Collinsville, IL 62234
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    221 B St
    Collinsville, IL 62234
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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
    221 B St Collinsville, IL 62234
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