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Sold on 12/19/2024

416 418 N 8th St, Herrin, IL 62948

  • $135,000

    Last sold 12/19/2024 for $98.5K

  • —

    bed

  • —

    bath

Multi-family not for sale
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About 416 418 N 8th St

Property type Multi-family
Neighborhood
Year built 1952
HOA fee $0/month
Movoto estimate
Property description
Investment Opportunity in Herrin, IL! This well-maintained property features a 2-bedroom, 1-bath main home with a basement, plus a converted, attached garage expanded into a separate apartment. The layout offers excellent options for both investors and homeowners—live on one side and earn rental income from the other! A detached 2-car garage, currently used by the main house tenant, provides extra convenience and storage. This property is located in Herrin, where the rental market remains strong, with median rents reaching around $1,000—a steady increase reflecting high demand for quality rental spaces. This makes it an ideal addition to any portfolio or a smart choice for those seeking supplemental income from homeownership. With its flexible layout, investment potential, and excellent location, this property is ready for its next owner to maximize its value. Don’t let this opportunity slip by—schedule a viewing today to see everything this unique property has to offer! Propery is open to inspection but bein sold AS-IS
Listed by
Listing Office - Indigo Realty LLC
Source: RMLS Alliance mls logo
MLS#EB455776 • last updated 6 months ago
Movoto checked RMLS Alliance for data 20 minutes ago
Overview
Heating Natural Gas
Levels/Style One Story
MLS # EB455776
Status Sold
SubType Residential Income
Property Tax 2556.8
Year Built 1952
Exterior
Foundation Block
Roof Shingle
Construction Vinyl Siding
Parking Detached, On Street, Parking Pad
# of Parking Spaces 3
Lot Features Level
Amenities / Utilities
Water Source Public Sewer, Public
Location
Subdivision Big Muddy Coal & Iron
Elementary School Herrin Elementary
Middle School Herrin
High School Herrin
APN 02-20-352-002
Directions From North Park Avenue, Turn Right Onto East Monroe Street, Turn Left Onto 8th Street, Property On The Right
Multifamily Details
Total # of Units 2
Net Operating Income 6735
Expense: Water/Sewer 837
Expense: Operating 5108
Expense: Maintenance 2039
Expense: Trash 410
Gross Income 14400
Gross Scheduled Income 14400
$135K
Range: $108K-$162K
Last 30 days 
  • Dec 2024
    mls logo MLS # EB455776
  • Dec 19, 2024 Sold
    $98,500 (-6.2%)
  • Nov 12, 2024 Active
    —
  • Nov 5, 2024 Listed
    $105,000
  • 416 418 N 8th St
    $98.5K
  • Ebor Area
    —
  • 62948
    $119K -20% y/y
  • Herrin
    $119K -19% y/y
No chart available
Statistics calculated by Movoto

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N/A
North Side Primary Center
public Grades PK, K-1
Herrin Community Unit School District 4
8/10
Herrin Middle School
public Grades 6-8
Herrin Community Unit School District 4
5/10
Herrin High School
public Grades 9-12
Herrin Community Unit School District 4
Source: GreatSchools.org © 2026. All rights reserved.

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