Duplex with Attached
New
For Sale
$319,900
26 Fox Meadow Lane, Glen Carbon, IL 62034
Residential Income, Glen Carbon, IL
Property Size1,958 SF
Lot Size0.35 Acres
Price / SF$163.38
Days on Market3
Property Features for 26 Fox Meadow Lane
General Information
Property type
Residential Multi Family
Property subtype
Single Family Residence
Bedrooms
2
Bathrooms
1
Full bathrooms
1
Rooms
Basement, Bedroom 1, Bathroom 1, Bedroom 2
Patio and Porch features
Deck
Fireplace
1
Basement
Full
Appliances
Range, Refrigerator
Subdivision
Kettle River
Lot features
Adjoins Wooded Area
Elementary school
EDWARDSVILLE DIST 7
Middle school
EDWARDSVILLE DIST 7
High school
Edwardsville
Elementary school district
Edwardsville DIST 7
Middle school district
Edwardsville DIST 7
High school district
Edwardsville DIST 7
Standard status
Active
APN
14-2-15-23-03-302-035
Size
1,958 SF
Lot size
0.35 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
KETTLE RIVER 5 LOT 26
Tax Annual Amount
5077
Legal Description
KETTLE RIVER 5 LOT 26
Utilities
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
1985
Floors in Building
1
Number of units
2
Building materials
Brick Veneer
Architectural style
Ranch
Listing Agency:
RE/MAX Alliance · RE/MAX International
(618) 656-2111
Listed By:
Tami & Zak Dittamore · License #475137011
(618) 531-4652
Added: Oct 5
Changed: Oct 6
Last Checked: Oct 7 at 12:06AM
MLS# 26040174
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.
Built in 1985, this brick-veneer duplex contains 1,958 square feet across two matching residences. Each side has two bedrooms, one full bathroom, a living room with a wood-burning fireplace, and a kitchen with a breakfast nook. Walk-out lower levels are partially finished and include storage space with laundry hookups. Each residence also has an attached one-car garage and access to a covered deck overlooking a wooded backyard.
The property occupies 0.3524 acres in Glen Carbon, with SIUE, parks, shopping, and major routes identified as nearby. Central air and forced-air heating serve the building.
The property occupies 0.3524 acres in Glen Carbon, with SIUE, parks, shopping, and major routes identified as nearby. Central air and forced-air heating serve the building.
Key Highlights
- Two matching units, each with 2 bedrooms and 1 full bathroom
- 1,958 square feet on a 0.3524‑acre lot
- Each unit has an attached 1‑car garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,423
Cap Rate
4.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$288,460
$288.5K
Cap Rate 7%
$206,043
$206.0K
Cap Rate 9%
$160,256
$160.3K
Market Conditions
NOI Build-Up for 1,958 SF
Gross rent
$22.3K $11.40/SF
− Vacancy
−$1.7K −$0.88/SF
EGI
$20.6K $10.52/SF
− OpEx
−$6.2K −$3.16/SF
NOI
$14.4K $7.37/SF
Area
Madison County, IL
Vacancy
7.69%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$288,460
Cap Rate 7%
$206,043
Cap Rate 9%
$160,256
Alternative Uses
Best Use
Multifamily LT 5
$206.0K
$180.3K – $240.4K
NOI $14,423 @ 7.0% cap · market cap 4.51%
Second Best
Apartment 5plus
$193.4K
$169.2K – $225.7K
NOI $13,539 @ 7.0% cap · market cap 4.23%
Theoretical Best
Office A
$533.7K
$467.0K – $622.7K
NOI $37,359 @ 7.0% cap · market cap 11.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
512
Businesses Nearby
Explore this area
Business Placement
Demographics for 62034, IL
14,665
Population
6,197
Households
2.4
Avg Household Size
39
Median Age
49%
College-Educated
97%
High-School Grad
13.7 sq mi
ZIP Area
1,070
Density / Sq Mi
$93,366
Median Household Income
$53,030
Median Earnings
$1,100
Median Rent
$274,300
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?
Duplex - Two matching residences offer private outdoor space, walk-out lower levels, and separate one-car garages.
Where is this duplex located?
The property is located at 26 Fox Meadow Lane Glen Carbon, IL.
What is the asking price?
The asking price for this property is $319,900.
What are key features of this property?
This property features: Two matching units, each with 2 bedrooms and 1 full bathroom; 1,958 square feet on a 0.3524‑acre lot; Each unit has an attached 1‑car garage
