Great opportunity on a unique 5-unit multi-family investment property. 3 buildings located on nearly 1.5 acres. The middle building consists of two 2 bedroom townhomes and one 3 bedroom townhome. The front building is a 2 bedroom detached home. The rear building is a 3 bedroom detached home with a walkout basement. Entire interiors and exteriors of all 3 buildings underwent extensive remodeling in 2020. New mechanicals (HVAC, water heaters, electrical, and gas lines) and quality finishes in all units. This property has several long-term tenants and generates great revenue with the luxury of having all the heavy lifting maintenance items taken care of. A landlords dream!
Closed
Listing Provided by: Nester Realty
Bought with: Nester Realty
$532,500
1612 California Ave, Collinsville, IL 62234
5beds
4baths
6,620sqft
Multi Family
Built in 1950
-- sqft lot
$478,300 Zestimate®
$80/sqft
$1,298 Estimated rent
Home value
$478,300
$392,000 - $560,000
$1,298/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listing Provided by:
Jan V Fiss 618-960-6486,
Nester Realty
Bought with:
Jan V Fiss, 475146875
Nester Realty
Source: MARIS,MLS#: 25020580
Originating MLS: Southwestern Illinois Board of REALTORS
Originating MLS: Southwestern Illinois Board of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Gas Water Heater
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 6,620
- Total interior livable area: 6,620 sqft
- Finished area above ground: 6,620
Property
Parking
- Parking features: Unassigned
Lot
- Size: 1.35 Acres
Details
- Parcel number: 132212602201002
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Collinsville
- Subdivision: None
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan,Other
- Ownership: Private
Price history
| Date | Event | Price |
|---|---|---|
| 7/15/2025 | Sold | $532,500-7.4%$80/sqft |
Source:  MARIS #25020580 Report a problem | ||
| 7/12/2025 | Contingent | $575,000$87/sqft |
Source: MARIS #25020580 Report a problem | ||
| 6/6/2025 | Listed for sale | $575,000+109.1%$87/sqft |
Source: MARIS #25020580 Report a problem | ||
| 10/10/2018 | Listing removed | $1,050 |
Source: Zillow Rental Manager Report a problem | ||
| 9/26/2018 | Listed for rent | $1,050 |
Source: Zillow Rental Manager Report a problem | ||
| 6/2/2018 | Listing removed | $1,050 |
Source: Zillow Rental Manager Report a problem | ||
| 6/1/2018 | Price change | $1,050+6.6% |
Source: Zillow Rental Manager Report a problem | ||
| 3/8/2018 | Listed for rent | $985 |
Source: Cecil Management Group, Inc. #18016566 Report a problem | ||
| 6/27/2006 | Sold | $275,000+42.5%$42/sqft |
Source: Public Record Report a problem | ||
| 12/26/2003 | Sold | $193,000$29/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $7,045 +4.6% | $114,190 +8% |
| 2023 | $6,736 | $105,700 +12.3% |
| 2022 | -- | $94,120 +6.4% |
| 2021 | $5,894 +3.2% | $88,430 +4.8% |
| 2020 | $5,714 +2.3% | $84,370 +3.5% |
| 2019 | $5,585 | $81,490 +45.1% |
| 2018 | -- | $56,170 -25.2% |
| 2017 | $5,362 -19% | $75,060 +2% |
| 2016 | $6,621 | $73,570 -17.7% |
| 2015 | $6,621 | $89,350 |
| 2014 | $6,621 | $89,350 |
| 2013 | $6,621 | $89,350 |
| 2012 | -- | $89,350 |
| 2011 | -- | $89,350 -2.6% |
| 2010 | -- | $91,710 +5.8% |
| 2009 | -- | $86,700 +10.4% |
| 2007 | -- | $78,500 +71.7% |
| 2005 | -- | $45,720 +11% |
| 2004 | $2,502 +9.7% | $41,200 +5.9% |
| 2003 | $2,280 +4.1% | $38,910 +6.3% |
| 2002 | $2,190 | $36,600 +5.7% |
| 2001 | -- | $34,640 +3.2% |
| 2000 | $1,876 | $33,550 |
Find assessor info on the county website
Neighborhood: 62234
Nearby schools
GreatSchools rating
- 5/10Dorris Intermediate SchoolGrades: 4-6Distance: 1 mi
- 4/10Collinsville Middle SchoolGrades: 7-8Distance: 4 mi
- 3/10Collinsville High SchoolGrades: 9-12Distance: 4.1 mi
Schools provided by the listing agent
- Elementary: Collinsville Dist 10
- Middle: Collinsville Dist 10
- High: Collinsville
Source: MARIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$478,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$478,300
- Illinois
- Madison County
- Collinsville
- 62234
- 1612 California Ave