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1002  Cherokee Drive

1002 Cherokee Drive

Collinsville, IL 62234

Sold MLS# 25029710

$310,000

📞 Call George to schedule a showing — 618-531-4000

0.28

Acres

About This Home

Prime investment opportunity in the heart of Collinsville, Illinois! This well-maintained 4-unit building is ideal for investors looking to grow their rental portfolio. Each spacious apartment features 2 bedrooms and 1 bathroom, with in-unit washer/dryer hookups. Recent updates include new building front entry doors freshly painted to enhance curb appeal, new flooring and lighting in front entry, new decks, new slider doors on upper units, new sidewalk/front stoop, and some new siding/paint. This property is conveniently located near local amenities, schools, and major highways, and all units are currently rented with long-term tenants. Proof of funds and/or Approval Letter required to show, 48-hour advance notice is required for all showings. Sellers' agent will be present for all showings. With a strong rental market in Collinsville, this multi-unit property is a solid choice for consistent cash flow. Second property available for purchase at 1003 Cherokee Drive, MLS#25028857

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Property Details

MLS#25029710
StatusSold
Property TypeResidential Income
Property Sub-Type2-4 Units
Year Built1972
Lot Size Acres0.28
Lot Dimensions83.78x137.05 irreg.
SubdivisionSeneca Hills
Annual Taxes$3, 459 (2023)
Elementary SchoolCOLLINSVILLE DIST 10
Middle SchoolCOLLINSVILLE DIST 10
High SchoolCollinsville

Listing History

Listed: May 6, 2025

Closed: June 5, 2025

Close Price: $310,000

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Brokered by Berkshire Hathaway HomeServices Select Properties Broker Reciprocity MARIS