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5991 Kinmundy Road , Louisville, IL 62858

$198,000
  • 5991 Kinmundy Road , Louisville, IL 62858 Main Photo

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New to the Market New
BEDS0 BATHS MLS#12652490
STATUSNew PROPERTY TYPEMulti Unit - Multiple

Property Description

Investment opportunity with endless potential! This unique multi-family property features a barn-style apartment complex offering 6 available units, plus an additional 4-bedroom, 2-bathroom home currently configured as two separate apartments with an attached garage. Situated on approximately 1.4 acres (to be surveyed and divided from the original 34-acre parcel), this property offers multiple income-producing opportunities in one convenient location. The barn-style apartments offer tons of character and opportunity but will require finishing work and improvements, making this an ideal project for an investor or buyer looking to add value and customize the space to their vision. With several units available and ready for updates, there is significant potential to increase rental income and overall property value. The additional home provides even more flexibility with two apartment-style living spaces, creating multiple streams of rental income all on one property. Whether you're looking to expand your investment portfolio, renovate and rent, or create a unique multi-family setup, this property is packed with potential. Bring your ideas and vision, opportunities like this don't come around often!

5991 Kinmundy Road | MLS# 12652490

This multi-family property located at 5991 Kinmundy Road , Louisville, IL 62858 is currently listed for sale with an asking price of $198,000. Search Louisville real estate on www.dickersonnieman.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air, Window Unit(s)
Lot Size: 1.44 Acres
Roof Type: Composition, Metal
Stories: 2.0
Taxes: $5,910
Year Built: 1947

Feature Descriptions

Exterior: Wood, Vinyl Siding, Brick
Foundation: Block
Frontage Type: Public Road
HVAC: Electric, Forced Air
Lot Dimensions: 62726.4
Parcel#: 0526200002
Tenant Pays: Electricity
Units: 8

Listed By / Shown By

Listed By

Agency Name: WILEY REALTY GROUP
Agency Phone: 618-508-4848

Shown By

Agency Title: Dickerson & Nieman Realtors
Agency Phone: 815-227-5900

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Estimated Payment

$ 990.91 per month $440.66 Principal & Interest $492.50 Property Tax $57.75 Homeowner's Insurance

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