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302 N Railroad Street, Freeburg, IL 62243

Local realty services provided by:CENTURY 21 Bailey & Co.
302 N Railroad Street,Freeburg, IL 62243
$128,000
  • - Beds
  • - Baths
  • 800 sq. ft.
  • Mobile / Manufactured
  • Pending
Listed by: tammy a hines
Office: tammy mitchell hines & co.
MLS#:25067685
Source:MO_MARIS

Price summary

  • Price:$128,000
  • Price per sq. ft.:$160

About this home

GREAT INVESTMENT OPPORTUNITY. AS-IS - Seller will not make any repairs and inspection waiver must be part of the contract. This .76 Acres lot centrally located in the heart of Freeburg. Currently Zoned MH-1, this parcel consists of 6 mobile home lots. 2 mobile homes (304 and 310 N. Railroad) are included with this sale (older home currently rented for $490/m including the lot). Second mobile home has been significantly damaged by last owner and title was released by the court to the seller. The seller is willing to remove this unit with a full price offer or leave the unit (buyer's choice) and take $125,000. 3 lots rent for $210 per month and one currently is at $200. Those four lots have owner occupied mobile homes. All tenants are current with the exception of one, that is always behind 1 month, but always pays. Current annual income with four leased lots and one rented trailer is $15,840. Seller holds the belief that lot rental is below market value and may be increased. All

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Home facts

  • Year built:1980
  • Listing ID #:25067685
  • Added:71 day(s) ago
  • Updated:December 14, 2025 at 08:49 AM

Rooms and interior

  • Living area:800 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Forced Air

Structure and exterior

  • Year built:1980
  • Building area:800 sq. ft.
  • Lot area:0.76 Acres

Schools

  • High school:Freeburg
  • Middle school:FREEBURG DIST 70
  • Elementary school:FREEBURG DIST 70

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$128,000
  • Price per sq. ft.:$160
  • Tax amount:$2,903 (2022)
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