11 days on rocket

Sale Pending

2600 Fairway Dr Unit 48, Herrin, IL, 62948

$4,380,000

0 Baths
Multi
Schools Nearby

Location

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Property Highlights

Home TypeMulti Family
ParkingAttached, Other, Parking Pad
Attached GarageYes
Year Built2008
HeatingElectric, Forced Air, Central
MLS #EB453150
StatusSale Pending
(Pending (No Showings))

About 2600 Fairway Dr Unit 48

Investment Deal of a lifetime! This investment package has some of the most elite duplexes and 6-unit multiplexes the area has to offer. The properties are well sought after and have a 98% occupancy rate at this time, soon to be fully occupied. The Duplexes are located across the private drive from Pine Lakes Golf Course. This location has the potential to add 2 more duplexes adding further growth opportunities for this investment package. The second location is a double 6-unit multiplex property with private outdoor spaces on both upper and lower units, with the buildings nestled in a quiet location. The units are in pristine condition, all complete with 2 bedrooms and 1 bath, as well as a washer and dryer set in each unit for luxury living. Currently a 17 unit storage building sits at the end of the lot as a source of added income. If the storage units aren't a desired stream of income, you could always remove the structure, giving the property enough space to build two additional 6-unit multiplexes on the property. The third location was constructed by the same builder as the second, featuring four 6-plexes in the same pristine quality with space to build additional 6-unit multiplexes. Don't wait, this incredible opportunity won't last long!

Property Details

Property Features

Property Information:

  • Year Built: 2008

Listing Office:

  • Office Name: KELLER WILLIAMS PINNACLE
  • Office Phone: (618) 867-6414
  • Listing Agent: Daniel Harshbarger

Interior Features

Interior Information:

  • Basement: No
  • Interior: Cable Available, High Speed Internet

Exterior Features

Parking Information:

  • Attached Garage: Yes
  • Parking: Attached, Other, Parking Pad

Lot Features

Lot Information:

  • Lot: Cul-De-Sac, Level, Other

Utilities

Utilities Information:

  • Heating: Electric, Forced Air, Central

School Info

Assigned Schools Information:

  • Herrin High School, Public District Grades 9-12
  • Herrin Middle School, Public District Grades 6-8
  • Herrin C U S D 4 Elementary School, Public District Grades 2-5

Other

Directions Information:

  • Directions: Turn W 148 N onto Hamilton Dr. Turn S onto Fairway, your first destination will be on the left. 2nd location - W onto Forest Park and then South/Left onto Magnolia to find your destination. Third location turn S onto 3rd St from Stotlar, W onto Duncan.

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,380,000
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Housing Market Comparison

See how this home compares to others in Herrin, IL.

Med. Sold Price

$113K

Med. Price/SqFt

$77

Avg. Days On Market

48

# of Sold Homes

14

2600 Fairway Dr Unit 48 vs Herrin

11 DAYS ON ROCKET

-37 Days

$4,380,000

+$4.2M More

KEY TAKEAWAY

This property is $4.2M more than the Median Sold Price in Herrin, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RMLSA
  • MLS Number: #EB453150

Listing Office:

  • Office Name: KELLER WILLIAMS PINNACLE
  • Office Phone: (618) 867-6414
  • Listing Agent: Daniel Harshbarger

IDX Listings courtesy of RMLS Alliance as distributed by MLS GRID.

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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of RMLS Alliance®. Real estate listings held by brokerage firms other than this broker are marked with the RMLSA logo and detailed information about them includes the name of the listing brokers. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. Copyright © 2024 Peoria Area Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/6/2024, 6:20:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$21.9K

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Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$13.1K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-7049736
8
/10
  • Herrin C U S D 4 Elementary School

  • 5200 Herrin Rd

  • 3.48 miles

  • Public District Grades 2-5

Middle School

school-card-donut-7049737
5
/10
  • Herrin Middle School

  • 700 S 14th St

  • 1.89 miles

  • Public District Grades 6-8

High School

school-card-donut-7049738
5
/10
  • Herrin High School

  • 700 N 10th St

  • 2.85 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $58,125. Residents of Herrin, IL typically earn between $35k-100k each year. Most families are married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

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Rocket HomesIllinoisWilliamson CountyHerrin629482600 Fairway Dr Unit 48

This home is located at 2600 Fairway Dr Unit 48 in Herrin, IL and zip code 62948. This home was built in 2008. It has been listed on Rocket Homes since April 25, 2024 and is currently priced at $4,380,000.

In April 2024, from all listings sold in Herrin, IL there were more than 4 sold above asking price, over 5 sold below and more than 5 were sold right at the asked price. The number of homes for sale in Herrin, IL increased by 7.8% between March 2024 and April 2024. In April 2024 median list price was $113,000 and the average listing age was 48 days.

From Rocket Homes Real Estate and based on county public records data.

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