$280,000
Price
Beds
Baths
1,250 Sq. Ft.
$224 / Sq. Ft.
1,250
Sq. Ft.
$224
per Sq. Ft.

Description

Welcome to Walker Hill, a multi-family investment opportunity located in the scenic countryside of Grand Tower, IL. Set in a peaceful rural setting, the location offers tenants a quiet lifestyle while giving investors the chance to unlock tremendous value. This property consists of four buildings with a total of 12 units, 10 one-bedroom apartments (including one fully handicap accessible) and 2 two-bedroom units. Each unit features one bathroom, a generously sized pantry, and ample storage space,...Welcome to Walker Hill, a multi-family investment opportunity located in the scenic countryside of Grand Tower, IL. Set in a peaceful rural setting, the location offers tenants a quiet lifestyle while giving investors the chance to unlock tremendous value. This property consists of four buildings with a total of 12 units, 10 one-bedroom apartments (including one fully handicap accessible) and 2 two-bedroom units. Each unit features one bathroom, a generously sized pantry, and ample storage space, Currently, four units are occupied while the remaining eight require varying levels of renovations. Currently operating as income-based subsidized housing. 24 hr notice required for showing occupied units. The property includes a coin-operated laundry facility, providing an added income stream for owner and convenience for tenants. The property is currently in foreclosure and is being sold strictly as is. Whether you’re expanding your portfolio or searching for your next high-potential project, Walker Hill delivers an all-in-one investment.
  1. Listed by LATIA HAYES • EXIT REALTY NEW BEGINNINGZ
  2. Listed by TAMIKO MUELLER • EXIT REALTY NEW BEGINNINGZ M

Property Details for 612 3rd Avenue

Parking Total
12.0
Subdivision Name
None
LISTING UPDATED: 09/05/2025 03:01 PM

Property Details for 612 3rd Avenue

StatusActive
MLS #EB457903
Days on Market232
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Residential Income / Multi Family 5+
Year Built1988
Lot Size-
CountyJackson County

Location

Listing Courtesy of EXIT REALTY NEW BEGINNINGZ; EXIT REALTY NEW BEGINNINGZ M
Add your commute

Building Information for 612 3rd Avenue

Stories-Residences12Year Built1988Building Size-Lot Size-

Payment Calculator

$1,384 per month

30 year fixed, 6.28% Interest

Principal and Interest

$1,384

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 612 3rd Avenue

Summary
Location and General Information
  • City: Grand Tower
  • County Or Parish: Jackson
  • Directions: Route 149 to Route 3 head South to Power Plant Road. Turn left onto 3rd Avenue. The property is on the left.
  • Latitude: 37.631949
  • Longitude: -89.501194
  • MLSArea Minor: EBOR Area
  • Postal Code: 62924
  • State Or Province: IL
Taxes and HOA Information
  • Additional Parcels Description: 16-25-201-009 & 16-25-130-001
  • Parcel Number: 16-25-201-002
  • Tax Annual Amount: $0
  • Tax Legal Description: PT FRAC NW 1/4 25-10-4 1.02 AC 698/325 654/398
  • Tax Year: 2024
School Information
  • High School: Shawnee
Parking
  • Parking Features: Guest
Property
Lot Information
  • Structure Type: Apartment Building
  • Building Area Total: 1250.0
  • Lot Features: Other
  • Lot Size Dimensions: Other
  • Number Of Units Total: 12
  • 100 Year Plain: Unknown
Property and Assessments
  • Documents Available: Legal Description
  • Foundation Details: Concrete Perimeter
  • New Construction: No
  • Year Built: 1988
Utilities
  • Electric: Separate Meters
  • Number Of Electric Meters: 13
  • Number Of Gas Meters: 13
  • Numberof Water Meters: 13
  • Water Sewer Expense: $120
  • Water Source: Public Sewer, Public
Interior and Exterior Features
Exterior Features
  • Roof: Shingle
  • Construction Materials: Aluminum Siding, Brick
Interior Features
  • Basement: None
  • Cooling: Central Air
  • Heating: Electric, Natural Gas
  • Laundry Features: Common Area
  • Number Of Central Air Units: 13
  • Number Of Heating Units: 13
  • Number Of Water Heaters: 13
  • Operating Recording Device: None
Multi Family
Income & Expenses
  • Electric Expense: $150
  • Gross Income: $2,250
  • Insurance Expense: $1,500
  • Maintenance Expense: $0
  • Manager Expense: $0
  • Net Operating Income: $350
  • Operating Expense: $1,900
  • Advertising Expense: 0
  • Gas Expense: 110
  • Misc Annual Income: 2250
  • Trash Expense: $20
Unit 1
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 1
  • Number Uncovered: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
Unit 2
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 1
  • Number Uncovered: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2

Property History for 612 3rd Avenue

DateEvent & SourcePriceAppreciation
Dec 21, 2025

Hold

MRED #457903

Dec 17, 2025

Price Change

MRED #457903

$280,000
May 12, 2025

Listed (Active)

MRED #457903

$400,000
May 12, 2025

Listed (Active)

RMLS ALLIANCE #EB457903

$400,000
DateEvent & SourcePrice
12/21/2025

Hold

MRED #457903

12/17/2025

Price Change

MRED #457903

$280,000
05/12/2025

Listed (Active)

MRED #457903

$400,000
05/12/2025

Listed (Active)

RMLS ALLIANCE #EB457903

$400,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 612 3rd Avenue

This home is within Shawnee Community Unit School District 84.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Shawnee Elementary School
PublicPK to 5

Shawnee Jr High School
Public6 to 8

Shawnee High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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612 3rd Avenue is a multi-family home for sale in Grand Tower, IL 62942. This property was listed for sale on May 12, 2025 by EXIT REALTY NEW BEGINNINGZ, it's currently listed at $280,000. This listing's school district is Shawnee Community Unit School District 84. Nearby schools include Shawnee Elementary School, Shawnee Jr High School and Shawnee High School. 612 3rd Avenue is a 0-bed, 0-bath, 1,250 sqft multi-family home built in 1988.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EXIT REALTY NEW BEGINNINGZ; EXIT REALTY NEW BEGINNINGZ M

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/30/2025 08:56 PM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.