5991 Kinmundy Road,Louisville, IL 62858
Louisville, IL 62858
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!
Details
| MLS # | 12652490 |
|---|---|
| Listing Type | For Sale |
| Style | Multi Family 5+ |
| Sub-Type | Resale |
| Status | Active |
| Year | 1947 |
| Days On Site | 115 |
| Listing Provided By | WILEY REALTY GROUP | Gannon Stork |
Features
| Story(s) | 2 |
|---|---|
| Units | 8 |
| Zoning | OTHER |
| Acreage | 1.44 |
Interior
| Cooling | Central Air, Window Unit(s) |
|---|
Exterior
| Roof | Composition, Metal |
|---|---|
| Foundation Details | Block |
| Construction Materials | Wood, Vinyl Siding, Brick |
Taxes
| Tax Year | 2025 |
|---|---|
| Tax Annual Amount | 5910.69 |
Area Information
| State | IL |
|---|---|
| County | Clay |
| City | Louisville |
| Zip Code | 62858 |
| Area | Louisville |
| Listing VS Median (in 62858) | |
Price: $198,000 low | high Med: $115,000 On site: 115 low | high Med: 372 | |
Market Activity 62858
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Learn More About This Property
| State | IL |
|---|---|
| County | Clay |
| City | Louisville |
| Zip Code | 62858 |
| Area | Louisville |
| Listing VS Median (in 62858) | |
Price: $198,000 low | high Med: $115,000 On site: 115 low | high Med: 372 | |