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Property view

726 Eastern Avenue, 
Greenville, IL 62246

$200,000

Last List Price

Bed


Bath


3,465

Sq Ft


Multi-Family

Sold

Listed by

Noel Harnetiaux

Bought with Keller Williams Marquee

Bond County Realtors

MLS#

26015962

Source:

MO MARIS

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About This Home

726 Eastern Avenue

If you’re looking for a steady, no-drama investment that’s already pulling its weight, this four-unit property might be your kind of quiet achiever. With all units currently leased to paying tenants and generating $2,450 in monthly income, it’s the kind of place that starts working for you on day one. The building features a practical ground-floor layout with two one-bedroom and two two-bedroom units, all centered around a shared utility room. Each unit is equipped with its own HVAC and water heater, along with separately metered water and electric—keeping expenses streamlined and tenant responsibility clear. Major exterior updates have already been handled, including a newer roof (2016), gutters, buried downspouts, and sidewalks (2021) within the past decade. Inside, the units are modest but consistently rentable, with a solid track record of passing occupancy inspections when required. Set in a quiet, unassuming neighborhood near local schools and the GHS football field, this property doesn’t rely on flash—it delivers on function. For investors, that means reliable occupancy now, with the opportunity to gradually introduce cosmetic updates over time and increase rental income as leases turn over. A straightforward investment with built-in cash flow and upside potential—sometimes the best opportunities are the ones that simply work.

Home Facts

Multi-Family

Built in 1956

Price Summary

200,000

$57 per Sq. Ft.

MLS #:

26015962

Sold:

June 1, 2026


Rooms & Interior

Interior

Living Area:

3,465 Sq. Ft.


Structure

Structure

Building Area:

3,465 Sq. Ft.

Year Built:

1956


Lot

Lot Size (Sq. Ft):

27,442


Finances & Disclosures

Finances

Price:

$200,000

Price per Sq. Ft:

$57 per Sq. Ft.

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