2200 Logan St , Mt Vernon IL 62864
Nice Single Family home with basement and many features.
Excellent Investment opportunity , ideal for a family home or for rental income.
1,104 sq ft, 1 storey bungalow, 2 bedrooms 1 Bathroom.
The property needs a rehab and some updating and once done offers great potential.
Boiler and hot water look in working order with no pipes missing but will need servicing.
Great location:
The property is located about 1 mile from Downtown Mount Vernon IL in a nice neighbourhood on a quiet street lined with mature trees. The property is located close to main local facilities and amenities.
Restaurants
Marco's Pizza (.4mi), Ali Asian Cuisine (.5mi), Hardee's (.5mi), McDonald's (.6mi), Papa John's Pizza (.7mi), Subway (.8mi), St Louis Wok (.8mi), Jimmie James Blue Goose (.8mi), RARE Chophouse (.8mi), Cracker Barrell Restaurant (.9mi), Little Caesars Pizza (.9mi), Joe's Pizza (.9mi), Phat DaddysBbq (.9mi), Domino's Pizza (1mi), Burger King (1.1mi), Godfather's Pizza (1.1mi)
Coffee
Wilkey'sCafé (3.5mi)
Bars
Corner Tavern (.4mi), Rendezvous Gril& Bar (.8mi), R & R The Crossing Inc (.8mi), Pro's Sport Bar (1.3mi), Hide Out Bar (1.5mi), Spot Tavern (1.7mi)
Groceries
Natures First Inc=.9mi), Farm Fresh Supermarket (.9mi), ALDI (1mi), Big Lots (1.2mi), Kroger (1.4mi), Sharps Foods (1.6mi), Walmart Supercenter (2.3mi)
Parks
Highland Park (.3mi), Bob Strothman Baseball Park (.4mi), Fairmont Ballpark (.7mi), A L Dawson Senior Park (1.1mi), Optimist Park (1.1mi), Jefferson County Fairground (1.2mi), Airport Park (2.8mi)
Schools
Zadok Casey Middle School (.4mi), Victory Christian Academy (.5mi), Mt Vernon Dist 80 Primary Center (.7mi), J L Buford Intermediate Education Center (.9mi), Mount Vernon High School (1mi), Mt Vernon Christian School (2mi), Bethel Grade School (2.2mi), Summersville Grade School (3.1mi), McClellan Elementary School (3.5mi), Dodds Elementary School (4.5mi)
Shopping
Carl's (.7mi), Jeana's Closet (.8mi), Wilford Printing (.8mi), Winning Edge (.9mi), King City Books (.9mi), Kmart (1mi), Peebles (1.2mi), Maurices=1.2mi), Glik's (1.2mi), Claire's (1.2mi), Hibbett Sports (1.2mi), Jcpenney (1.2mi), Bath & Body Works (1.2mi), Ross Dress for Less (1.3mi), Tots To Teens (1.3mi)
Entertainment
Cedarhurst Center For the Arts (1.1mi), Jefferson County Historical (1.5mi), AMC Showplace Mt Vernon 8 (2.3mi)
Errands
Medicine Shoppe (.3mi), CVS/pharmacy (.5mi), Fifth Third Bank (.5mi), Midcountry Bank (.6mi), Cregger Co (.6mi), Sara E. Hensley, Pharm (.7mi), First National Bank (.7mi), Jeff Co Schools Federal Credit Union (.7mi), Byrd-Watson Medical Equipment (.7mi), Integra Bank (.8mi), U.S. Bank (.8mi), Borowiak's IGA (.8mi)
(walkscore.com)
Demographics (within 3 miles- 2015):
Total population 17,436
% white alone: 81.22%
% Black or African American alone: 13.70%
Household Income: Average $53,565
THIS IS A UNIQUE OPPORTUNITY FOR THE SAVVY BUSINESS OWNER, DEVELOPER OR INVESTOR TO OWN A POTENTIALLY HIGH INCOME PROPERTY AT A DISCOUNTED PRICE IN A GREAT LOCATION.
Great investment opportunity:
The list price for homes in zipcode 62864 is $125,075 (Trulia.com)
Excellent income potential once rehabbed:
The average rent for 2 bedroom houses of this size in this area is $600/ month.
(rentometer.com)
Taxes:
Jefferson County, IL: Tax ID: 07-31-131- 018
$232.94 of back taxes due.
Current yearly taxes (2015 due in 2016) are: $472.86
Taxes are paid 1 year in arrears. Current Yearly tax: payable in two instalments of $236.43 each-
PROPERTY IS SOLD AS IS, WHERE IS-
Winning bidder must contact the seller within 24 Hours after the close of the auction with full details of the buyer.
Buyer will also be responsible for $500 deed prep and doc fee as well as 8 % premium.
10% non-refundable deposit (minimum $1,000) , auction premium (Minimum $250) and $500 deed preparation and doc fee are due within 48 hours of auction close.
Final Payment to be made within 1 week of the Auction close.
All bidders to do their due diligence. Property is sold on a Quit Claim deed. Buyer assumes real estate taxes, liens and encumbrances (if any). No statement anywhere, whether express or implied, shall be deemed a warranty or representation by the Seller regarding these assets. The Buyer is bound by the terms of this auction and the attached purchase agreement (attached under 'Additional Details'). Buyers are responsible for fixing building code violations (if any). All buyers are deemed to have relied entirely on their own information, judgments and inspections of the property in making the decision to purchase the property.
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