IL
Richland
Olney
62450
331 W Main W Street
331 W Main W Street, Olney, IL 62450
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Listing Type
Commercial/Industrial
Listing Status
Active Under Contract
59
$389,000

Home Details for 331 W Main W Street

Price
$389,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1974
Lot size acres
0.91
County
Richland
Garage
Days on site
8
MLS Listing#
100000329
Property Description

Attention Investors, What An Amazing Opportunity! 13 Units Total. 4 one story Duplex's with 8 units, 2 two story apartments with 2 units each, plus one single family 2 bedroom home. Here is your chance to purchase 13, 2- bedroom units, all with a great rental history for one price. Priced at less than $30k per unit or less than $41 per sq ft. Each unit rents for $600 at this time and the property has 100% occupancy. 331 W. Main is 2 two story buildings each with 2, all electric apartments. each apartment is 858 sq ft with 2 bedrooms. The living and dining area are open and spacious and have galley kitchens. Each apartment has electric forced air heat and Central Air. 329 & 403 W. Main each having 2 ground level duplex apartment buildings. Each of the 617 Sq Ft 2 Bedroom apartments has a great layout. Each unit has electric baseboard heat and wall air units. The apartment area has a courtyard, sidewalks, off street parking, & bike rack. To be closer to your unit on street parking is also welcome. The 2- bedroom, 1 bath home on the east side is also included in the sale. The 1182 sq ft home has forced air heat and central air conditioning. The home needs a little TLC but seems to be solid and is rented. The tenant in the home pays their own utilities and each tenant in each all-electric duplex pays for their own electricity. This is an excellent investment opportunity for the landlord wanting to add to their portfolio or the investor just wanting to get started.

Property Features
  • Cooling Information
    • Central Air
    • Electric
    • Wall Unit(s)
Listing Courtesy: WILEY REALTY GROUP - 618-508-4848
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2026-01-15 18:46:30. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2026-01-15 18:46:30
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