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105-107 N Wilson Street, Palestine, IL 62451

Palestine
Local realty services provided by:CENTURY 21 Realty Concepts
105-107 N Wilson Street,Palestine, IL 62451
$315,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: chelsea nye
Office: stence realty
MLS#:6261584
Source:IL_CIBOR

Price summary

  • Price:$315,000

About this home

Investment Opportunity in Palestine, IL – 8-Unit Apartment Property! Explore the potential of this multi-unit investment property featuring two separate buildings with four units each, offering a total of eight rental units. Each building includes two 2-bedroom, 1-bathroom units and two 1-bedroom, 1-bathroom units, providing a versatile mix of rental options. Both buildings were repainted a few years ago, and three units feature newer laminate flooring throughout the main living areas. The buildings also offer designated laundry spaces on the main floor, which are currently non-operational and require finishing work. Remodeling has been partially completed throughout the property, leaving room for additional improvements and the opportunity to add value over time. With seven of the eight units currently rented, this property offers an opportunity for investors to acquire an established rental property with existing occupancy and potential to further improve the units and common...

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Home facts

  • Year built:1979
  • Listing ID #:6261584
  • Added:1 day(s) ago
  • Updated:October 31, 2026 at 08:36 PM

Rooms and interior

  • Kitchen Description:Oven, Refrigerator
  • Basement:Yes
  • Basement Description:Crawl Space

Heating and cooling

  • Cooling:Window Units
  • Heating:Electric

Structure and exterior

  • Year built:1979
  • Lot area:0.52 Acres
  • Construction Materials:Brick, Wood Siding
  • Levels:2 Stories

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$315,000
  • Tax amount:$3,504 (2025)

Features and amenities

  • Appliances:Electric Water Heater, Oven, Refrigerator

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