Terri Bailey - Mattoon and Charleston IL Realtors - Coldwell Banker Classic Real Estate Logo
$109,000
 $585 est/mo Sourced by Back At You

103, 105, 107 Kagay Avenue,Effingham, IL 62401

Effingham, IL 62401

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Description

Located at 103, 105 & 107 Kagay Ave in Effingham, IL, this unique investment opportunity offers the potential to purchase three properties for under $110,000! The existing home at 103 Kagay Ave is a livable 3-bedroom home situated on approximately .23 acres, featuring front and back enclosed porches, a detached one-car garage, main road access in the front, and alley access in the back. The home could use some TLC, including updates to the flooring, paint, and cabinets, but you can live in the home while making improvements. It also features a newer exterior central A/C unit and furnace. In addition to the home and garage, the two adjacent lots-one west of the home and one east of the garage-are available individually or potentially all together, creating an exciting opportunity for future development. With the potential to add two smaller homes, these additional lots could provide the opportunity to expand your rental portfolio and generate additional income. Whether you're looking for a starter home, rental property, or a property with room to grow, this one deserves a closer look! Bring your vision and your investment mindset!

Details

MLS #6260650
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusPending
Year1940
Days On Site10
Listing Provided ByDammerman and Associates Elite Realty | Taylor Dammerman

Features

Bed(s)3
Bath(s) 1 Total
SQ Feet912
Garage1
BasementY
Story(s)1
ZoningRES
Acreage0.23

Parking

Garage Yes / NoYes
Parking FeaturesDetached, Garage

Taxes

Tax Annual Amount159

Area Information

StateIL
CountyEffingham
CityEffingham
Zip Code62401
Community NameSpring Garden Sub
Listing VS Median (in Spring Garden Sub)
Price:
$109,000
low | high
Med:
$109,000
50% of Average
sqft:
912
low | high
Med:
912
50% of Average
$ / sqft:
$120
low | high
Med:
$120
50% of Average
On site:
10
low | high
Med:
10
100% of Average
Sourced by Back At You

Market Activity 62401

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Learn More About This Property

Terri Bailey

Terri Bailey

Coldwell Banker Classic Real Estate

475.103546 (217) 549-4760tbailey@cbclassic.net
StateIL
CountyEffingham
CityEffingham
Zip Code62401
Community NameSpring Garden Sub
Listing VS Median (in Spring Garden Sub)
Price:
$109,000
low | high
Med:
$109,000
50% of Average
sqft:
912
low | high
Med:
912
50% of Average
$ / sqft:
$120
low | high
Med:
$120
50% of Average
On site:
10
low | high
Med:
10
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $81K - $136K
sqft: 684 - 1,000
Nearby Listings Property ImageNearby Listings Details
1208 S 2nd Street Property Photo 1
$95,000
1208 S 2nd Street
Effingham, IL 62401
Listing Updated: September 4, 2026 at 12:56:22 PM PDT

Terri Bailey - Mattoon and Charleston IL Realtors - Coldwell Banker Classic Real Estate