Two-Unit Residential Income
33 Fox Meadow Lane Glen Carbon, IL 62034
33 Fox Meadow Lane, Glen Carbon, IL, 62034
$300,000
Pending
For Sale
$300,000
Pending
MULTI_FAMILY - Other - Glen Carbon, IL
Property Size2,382 SF
Lot Size0.28 Acres
Days on Market31
Property Features for 33 Fox Meadow Lane
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 1, Bathroom 2, Bedroom 4, Bedroom 2, Bathroom 1, Bedroom 3
- Fireplace
- 1
- Appliances
- Dishwasher, Free-Standing Electric Range, Refrigerator, Gas Water Heater
- Standard status
- Pending
- APN
- 14-2-15-23-03-302-042
- Size
- 2,382 SF
- Lot size
- 0.28 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- Kettle River 5 Lot 33
- Tax Annual Amount
- 6216
Utilities
- Utilities
- Cable Available
- Heating system
- Natural Gas, Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1985
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Wood, Vinyl, Carpet
- Building materials
- Brick Veneer, Vinyl Siding
- Roof type
- Shingle
- Architectural style
- Other
Listing agency
Coldwell Banker Brown Realtors
(618) 656-2278
Listed by
Shawn Uhe · License #475.158794
(618) 692-7290
Added: Jun 23 Updated: Jul 22 at 7:36PM Checked: Jul 23 at 12:06AM
MLS# 26038938
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 duplex features two separate residential units, each with two bedrooms and one bathroom, and both units offer finished lower-level space. The property has had updates throughout and includes an open floor plan in both units.
Exterior improvements include a new roof installed in June 2024 and new furnaces for both units installed in 2021. The property sits on a lot with a large backyard.
At approximately 2,382 square feet total, the layout is designed as a straightforward two-unit residential income configuration, offering consistency across both units.
Exterior improvements include a new roof installed in June 2024 and new furnaces for both units installed in 2021. The property sits on a lot with a large backyard.
At approximately 2,382 square feet total, the layout is designed as a straightforward two-unit residential income configuration, offering consistency across both units.
Key Highlights
- Two 2‑bedroom, 1‑bath units with finished lower‑level space in both units
- New roof installed June 2024; new furnaces for both units installed in 2021
- Central air with forced‑air natural gas heating
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 | $27.2k | $11.40 |
| − Vacancy | −$2.1k | −$0.88 |
| EGI | $25.1k | $10.52 |
| − OpEx | −$7.5k | −$3.16 |
| NOI | $17.5k | $7.37 |
2,382 SF · lease $11.40/SF/yr · vacancy 7.69% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$250.7K
$219.3K – $292.5K
NOI $17,547 @ 7.0% cap · market cap 5.85%
Second Best
Apartment 5plus
$235.3K
$205.9K – $274.5K
NOI $16,470 @ 7.0% cap · market cap 5.49%
Theoretical Best
Office A
$649.3K
$568.1K – $757.5K
NOI $45,449 @ 7.0% cap · market cap 15.15%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two two-bedroom, one-bath units each include finished lower-level space on a single residential lot.
Where is this duplex located?
The property is located at 33 Fox Meadow Lane Glen Carbon, IL.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bath units with finished lower‑level space in both units; New roof installed June 2024; new furnaces for both units installed in 2021; Central air with forced‑air natural gas heating
