Sold518d on market
1616 4th St
Madison, IL, 62060 • 62060 • Madison County
$100,000
6Beds
2Baths
0.16 acLot
1940Built
Property DNA
Other Style
Built 1940 · 86 years of history
None
62060
This home is getting attention
Listed 518 days ago · 2 views
Market activity
Demand and pricing signals for this listing
2 views
People checking out this listing
518 days on market
Established listing
Selling Soon Prediction
HighThis home ranks in the top 27% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Multi Family · Built 1940
The savvy investor can see great potential in this property. There is a duplex in the front and a single home at the back of the lot, perfect for an experienced investor or for the first time investor wanting rental property. This as-is sale offers an incredible opportunity with just some general renovations. Some clean out needed but not bad. The duplex units offer a large living/dining area with a half bath off the kitchen. The back house is great for a private residence. There is covered parking at the rear of the units. Laundry hook-ups available in the basement of the duplex. The units could be updated and ready to market in a reasonable amount of time. Well kept street with established neighbors. Please note, the property is sold in its current condition, with inspections solely for informational purposes.
Estimated monthly payment
Based on current rates
$652/month
Principal & Interest$519
Property Tax$100
Insurance$33
Down payment20% ($20,000)
3%50%
Est. 6.75% rate · 30yr fixed · $80,000 loan
Full calculator →At a glance
Key facts and listing details
TypeMulti Family
Year Built1940
HeatingForced Air, Natural Gas
CoolingCentral Air, Electric
ParkingCarport
Property
Home typeMulti Family
Sub-typeMulti Family
StyleOther
Year built1940
Systems
HeatingForced Air, Natural Gas
CoolingCentral Air, Electric
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingCarport, Covered
Lot7,100 sqft
Location & Tax
Neighborhood62060
Annual tax$4,131
Parcel212192515403012
Features & details
4 categories of property features
Interior Features
Appliances
Gas Water Heater
Heating
Forced Air
Natural Gas
Cooling
Central Air
Electric
Exterior Features
Parking
Carport
Covered
Listing insights
Market data and value estimates
StatusSold
Days on market518
Est. value$106,900
Est. rent$1,169/mo
Tax rate1.87%
On marketOct 3, 2024
PostedSep 15, 2025
Last sold$100,000
MLS statusClosed
MLS updatedApr 28, 2025
Tour days6
Views2
How are the schools in Madison?
3 schools rated nearby
Location
Madison, IL, 62060
Price history
3 events
DateEventPrice$/sqftSource
Nov 6, 2024Sold$100,000—MARIS
Oct 11, 2024Pending Sale$105,000—MARIS
Oct 3, 2024Listed For Sale$105,000—MARIS
Sold$100,000
Nov 6, 2024•MARIS
Pending Sale$105,000
Oct 11, 2024•MARIS
Listed For Sale$105,000
Oct 3, 2024•MARIS
Tax history
23 years of records
YearTax paidAssessed value
Apr 9, 2024$4,432$36,080
Apr 9, 2023$4,132$31,610
Apr 9, 2022$3,892$27,950
Apr 9, 2021$3,827$26,330
Apr 9, 2020$3,839$25,750
Apr 9, 2019$3,871$26,210
Apr 9, 2018—$30,810
Apr 9, 2017$4,145$30,810
Apr 9, 2016$3,933$31,140
Apr 9, 2015$3,933$30,170
Apr 9, 2014$3,933$30,170
Apr 9, 2013$3,933$30,520
Apr 9, 2012—$31,470
Apr 9, 2011—$34,030
Apr 9, 2010—$34,520
Apr 9, 2009—$34,920
Apr 9, 2007—$33,200
Apr 9, 2005—$31,940
Apr 9, 2004$3,272$28,310
Apr 9, 2003$3,000$28,520
Apr 9, 2002$2,347$25,900
Apr 9, 2001—$23,050
Apr 9, 2000$2,017$19,800
Nearby homes
Neighborhood details
Local context around this listing
Madison, IL • Madison County
Nearby cities
AltonBellevilleCollinsvilleColumbiaEast Saint LouisEdwardsvilleGlen CarbonGranite City
Nearby zip codes
620406206062201
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