427 East Drive

Marissa, IL 62257

$325,000
Price
Beds
2,592 Sq. Ft.
$125 / Sq. Ft.
2,592
Sq. Ft.
$125
per Sq. Ft.

Description

8 2 bedroom/1 bath units8 2 bedroom/1 bath units

Property Details for 427 East Drive

Cross Street
Rt 13

Location

Add your commute
LISTING UPDATED: 04/10/2024 11:01 AM

Property Details for 427 East Drive

StatusActive
MLS #23061153
Days on Market205
Taxes$4,314 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeCommercial Sale / Multi-Family 5+
Year Built1970
Lot Size-
CountySt. Clair County

Location

Add your commute

Building Information for 427 East Drive

Stories-Residences8Year Built1970Building Size-Lot Size-

Payment Calculator

$2,133 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,774

Property Taxes

$360

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 427 East Drive

Summary
Location and General Information
  • City: Marissa
  • County Or Parish: St Clair-IL
  • Directions: Rt 13 to Marissa right on East Drive
  • Latitude: 38.24875
  • Longitude: -89.747941
  • Location: City
  • Postal Code: 62257
  • State Or Province: IL
  • Sub division Name: Marissa Dist 40
  • Street Number Modifier: -434
Taxes and HOA Information
  • List AOR: Southwestern Illinois Board of REALTORS
  • Parcel Number: 21-27.0-202-009
  • Tax Annual Amount: $4,314.00
  • Tax Legal Description: 21-27.0-202-009/21-27.0-202-010
  • Tax Year: 2021
Parking
  • Attached Garage: No
  • Parking Features: Parking Lot
School Information
  • Elementary School: MARISSA DIST 40
  • High School: Marissa
  • High School District: Marissa DIST 40
  • Middle Or Junior School: MARISSA DIST 40
Property
Lot Information
  • Lot Size Dimensions: 49x123x51x123/56x123x51x123
  • Property Sub Type: Multi-Family 5+
  • Builder Model: Low/1-2
  • Property Type: Commercial Sale
Property and Assessments
  • Above Grade Finished Area: 2592.0
  • Above Grade Finished Area Source: Public Records
  • Documents Count: 2
  • Photos Count: 3
  • Videos Count: 0
  • Year Built: 1970
  • Disclosures: Unknown,Sellers Discl. Avail
  • Age: 53
  • Construction Materials: Vinyl Siding
  • Ownership Type: Private
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Heat Source: Electric
  • Cooling: Window Unit(s)
  • Heating: Baseboard
  • Heating YN: Yes
  • Laundry Features: Coin Operated, Common Laundry
Multi Family
Multi-Family Information
  • Number Of Units Total: 8
  • TYPE: Apt Bldg/Exterior En
  • Two Bed Unit Baths: 1 Per Unit
  • Two Bed Unit Includes: 4 Rooms or Less
  • Two Bed Unit Units: 8
Income & Expenses
  • Net Operating Income: $28,821.00
  • Total Expenses: 12684.00
Unit 1
  • Unit Bedroom 1: 9.5x11
  • Unit Bedroom 2: 10.5x11
  • Unit Living: 13x17
Rental
Rent Information
  • Lease Term: Leases, Month To Month
  • Tenant Pays: Electricity, Gas

Property History for 427 East Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 427 East Drive

Taxable ValueLand$3,008Additions$21,583Total$24,591
Tax Record2019$2,250 ($188 / month)
Home Facts
Beds0Total Finished SqFt2,592 SqFtAbove Grade Finished SqFt2,592 SqFtStories1Lot Size6,098 SqFtStyleSingle Family ResidenceYear Built1970Year Renovated1995CountyST. CLAIRAPN21-27-0-202-009

Schools near 427 East Drive

This home is within Marissa Community Unit School District 40.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 12
Rating
School
Distance
Marissa Elementary School
PublicPK to 6

Marissa Jr & Sr High School
Public7 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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427 East Drive is a multi-family home for sale in Marissa, IL 62257. This property was listed for sale on October 13, 2023, it's currently listed at $325,000. It has been on the market for a total of 205 days and was last sold on March 27, 2015. This listing's school district is Marissa Community Unit School District 40. Nearby schools include Marissa Elementary School and Marissa Jr & Sr High School. 427 East Drive is a 0-bed, 0-bath, 2,592 sqft multi-family home built in 1970.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: MARIS, Bagnell Dam Association of REALTORS . Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MARIS, Bagnell Dam Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.