Sold
Last Sold Price
3,840 sqft
627 Fairfield Rd, Mount Vernon, IL 62864
Multi FamilyProperty Type
0.37 acresLot Size
1940Year Built
$20/sq ftPrice per sq ft

Description

Great investment opportunity! 6 Unit apartment building that includes 1 Bedroom, 1 Bathroom, living room, and kitchen with appliances per unit. East side location in Summersville School District. City Utilities. Sitting on a Corner Lot! Landlord pays heat, water, and dumpster. Tenants pay electric. Seller request that buyer provides Prequal letter for Financing or proof of funds for cash purchase, prior to showing to the Listing Agent.Great investment opportunity! 6 Unit apartment building that includes 1 Bedroom, 1 Bathroom, living room, and kitchen with appliances per unit. East side location in Summersville School District. City Utilities. Sitting on a Corner Lot! Landlord pays heat, water, and dumpster. Tenants pay electric. Seller request that buyer provides Prequal letter for Financing or proof of funds for cash purchase, prior to showing to the Listing Agent.
  • Listed by: LISA MCKINNEY 618.237.4525 lisac21@sbcglobal.net • C21 ALL PRO REAL ESTATE
Listing closed: 11/07/2022 12:00 AM • Source: RMLS ALLIANCE as distributed by MLS GRID, MLS#: EB446456

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Location

Listing Courtesy of C21 ALL PRO REAL ESTATE

Sold By C21 ALL PRO REAL ESTATE

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Payment Calculator

$693 per month

30 year fixed, 7.03% Interest

Principal and Interest

$400

Property Taxes

$293

HOA Dues

$0

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Property Information for 627 Fairfield Road

Property Details
  • Taxes: $3,517 / year
  • MLS Type: Residential Income / Residential Income / Multi Family 5+
  • Parking Total: 0.0
  • Subdivision Name: None
Building Information
  • Residences: 6
  • Year Built: 1940
  • Lot Size: 0.37 AC / 16,117 SF
Summary
Location and General Information
  • City: Mt Vernon
  • County Or Parish: Jefferson
  • Directions: 627 Fairfield Road
  • Latitude: 38.3231598295638
  • Longitude: -88.8805226269836
  • MLSArea Minor: EBOR Area
  • Postal Code: 62864
  • State Or Province: IL
Taxes and HOA Information
  • Parcel Number: 07-28-176-001
  • Tax Annual Amount: $3,517
  • Tax Legal Description: PT SW SE NW INTER OLD FAIRFIELD- TOLLE RD 627 FAIRFIELD RD
  • Tax Year: 2021
School Information
  • Elementary School: Summersville
  • High School: Mt Vernon
  • Middle Or Junior School: Summersville
Parking
  • Parking Features: Other
Property
Lot Information
  • Structure Type: Apartment Building
  • Building Area Total: 3840.0
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.37
  • Lot Size Dimensions: 150x123x75x150
  • Number Of Units Total: 6
  • 100 Year Plain: Unknown
Property and Assessments
  • Documents Available: Aerial Photos
  • New Construction: No
  • Year Built: 1940
  • Year Built Source: Public Records
Utilities
  • Electric: Separate Meters
  • Number Of Electric Meters: 6
  • Number Of Gas Meters: 1
  • Numberof Water Meters: 1
  • Water Sewer Expense: $1,500
  • Water Source: Aerator/Aerobic, Public
Interior and Exterior Features
Exterior Features
  • Roof: Rubber
  • Construction Materials: Vinyl Siding
Interior Features
  • Basement: Slab
  • Heating: Gas, Hot Water, Window Unit(s)
  • Number Of Central Air Units: 0
  • Number Of Heating Units: 1
  • Number Of Water Heaters: 6
  • Operating Recording Device: None
Multi Family
Income & Expenses
  • Electric Expense: $0
  • Gross Income: $31,800
  • Gross Scheduled Income: $31,800
  • Insurance Expense: $2,460
  • Maintenance Expense: $0
  • Manager Expense: $0
  • Net Operating Income: $18,743
  • Operating Expense: $9,540
  • Advertising Expense: 0
  • Gas Expense: 4800
  • Misc Annual Income: 0
  • Trash Expense: $780
Unit 1
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 0
  • Number Uncovered: 0
  • 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: 0
  • Number Uncovered: 0
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
Unit 3
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 0
  • Number Uncovered: 0
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 3
Unit 4
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 0
  • Number Uncovered: 0
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 4
Rental
Rent Information
  • Lease Term: Variable
  • Tenant Pays: Electricity

Property History for 627 Fairfield Road

DateEvent & SourcePriceAppreciation
Nov 7, 2022

Closed (Public Record)

Public Record #1501331097

$75,000—
Nov 7, 2022

Closed

RMLS ALLIANCE #EB446456

$75,000—
Nov 7, 2022

Closed

MRED #446456

$75,000—
DateEvent & SourcePrice
11/07/2022

Closed (Public Record)

Public Record #1501331097

$75,000
11/07/2022

Closed

RMLS ALLIANCE #EB446456

$75,000
11/07/2022

Closed

MRED #446456

$75,000

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

Public Records for 627 Fairfield Road

Taxable ValueLand$5,590Additions$53,517Total$59,107
Tax Record2024$3,765 ($314 / month)
Home Facts
Lot Size16,117 SqFtStyleMulti-Family Res (5+ Units)CountyJEFFERSONAPN07-28-176-001

Schools near 627 Fairfield Road

This home is within Mt Vernon Twp Hsd 201 School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Private - K to 8
Rating
School
Distance
Summersville Grade School
PublicPK to 8

Mount Vernon High School
Public9 to 12

MVTHS East Campus
Public9 to 12

St Marys
PrivateK to 8

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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 627 Fairfield Road, Mount Vernon, IL 62864
$75,000
–
–
3,840
16,117
–
–
–
–
118,048
$67,900
2
1,396
14,200
$66,000
3
1,304
9,583
$335,000
–
–
–
15,000
$25,000
–
–
–
14,342

Explore Nearby Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of C21 ALL PRO REAL ESTATE

Based on information submitted to the MLS GRID as of 11/11/2022 02:01 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.