New Construction
652 N Kansas Street Edwardsville, IL 62025
652 N Kansas Street, Edwardsville, IL, 62025
$720,000
Pending
For Sale
$720,000
Pending
MULTI_FAMILY - Ranch - Edwardsville, IL
Property Size4,004 SF
Lot Size0.37 Acres
Days on Market46
Property Features for 652 N Kansas Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Property condition
- Under Construction
- Bedrooms
- 3
- Bathrooms
- 3
- Rooms
- Bedroom 1, Bathroom 3, Bathroom 1, Bedroom 3, Basement, Bathroom 2, Bedroom 2
- Basement
- Interior Entry, Sump Pump, Full, Walk-Out Access, Partially Finished, Exterior Entry, Storage Space
- Appliances
- Stainless Steel Appliance(s), Dishwasher, Disposal, Microwave, Gas Range, Refrigerator
- Standard status
- Pending
- APN
- 14-2-15-02-18-303-012
- Size
- 4,004 SF
- Lot size
- 0.37 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Description
- Kraft Add lot pt 24 & 25
- Tax Annual Amount
- 289
Utilities
- Utilities
- Cable Available
- Heating system
- Natural Gas, Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2025
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Wood, Carpet, Tile - Ceramic
- Building materials
- Blown-In Insulation, Board & Batten Siding, Brick Veneer, Vinyl Siding
- Architectural style
- Ranch
Listing agency
Re/Max Alliance
(618) 288-7100
Listed by
Kevin Huelsmann · License #475123689
(618) 975-6043
Added: Jun 7 Updated: Jul 22 at 12:33PM Checked: Jul 22 at 5:06PM
MLS# 26001296
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 ranch-style duplex was described as newly constructed and includes hardwood flooring that runs from the entrance through the main living area. The main floor offers two bedrooms, two full baths, a laundry room, and an open main living area. The walk-out lower level adds a third bedroom, a third full bath, a family room, and ample storage space.
The property includes an attached two-car garage and sits on a lot sized at 0.37 acres. It is located at 652 N Kansas Street in Edwardsville, Illinois, in Madison County.
The listing highlights furnished kitchen appliances and granite kitchen countertops as part of the interior finishes. Overall, the layout provides multi-level bedroom and living space within a single duplex configuration.
The property includes an attached two-car garage and sits on a lot sized at 0.37 acres. It is located at 652 N Kansas Street in Edwardsville, Illinois, in Madison County.
The listing highlights furnished kitchen appliances and granite kitchen countertops as part of the interior finishes. Overall, the layout provides multi-level bedroom and living space within a single duplex configuration.
Key Highlights
- New construction duplex under construction (Year built 2025) with ranch‑style design
- Main level features 2 bedrooms, 2 full baths, a laundry room, and an open main living area
- Walk‑out lower level adds a 3rd bedroom, 3rd bath, family room, and plenty of storage space
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 | $45.6k | $11.40 |
| − Vacancy | −$3.5k | −$0.88 |
| EGI | $42.1k | $10.52 |
| − OpEx | −$12.6k | −$3.16 |
| NOI | $29.5k | $7.37 |
4,004 SF · lease $11.40/SF/yr · vacancy 7.69% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$421.4K
$368.7K – $491.6K
NOI $29,495 @ 7.0% cap · market cap 4.10%
Second Best
Apartment 5plus
$395.5K
$346.1K – $461.4K
NOI $27,686 @ 7.0% cap · market cap 3.85%
Theoretical Best
Office A
$1.09M
$955.0K – $1.27M
NOI $76,396 @ 7.0% cap · market cap 10.61%
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 - Ranch-style duplex featuring two full baths on the main level plus additional living space in a walk-out lower level.
Where is this duplex located?
The property is located at 652 N Kansas Street Edwardsville, IL.
What is the asking price?
The asking price for this property is $720,000.
What are key features of this property?
This property features: New construction duplex under construction (Year built 2025) with ranch‑style design; Main level features 2 bedrooms, 2 full baths, a laundry room, and an open main living area; Walk‑out lower level adds a 3rd bedroom, 3rd bath, family room, and plenty of storage space
