Prime investment opportunity in the heart of Collinsville, Illinois! This well-maintained 4-unit building is ideal for investors looking to grow their rental portfolio. Each spacious apartment features 2 bedrooms and 1 bathroom, with in-unit washer and dryer. Recent updates include new building front entry doors freshly painted to enhance curb appeal, new flooring and lighting in front entry, new decks, new slider doors on upper units, and some new siding/paint.
This property is conveniently located near local amenities, schools, and major highways, and all units are currently rented with long-term tenants. Proof of funds and/or Approval Letter required to show, 48-hour advance notice is required for all showings. Sellers' agent will be present for all showings. With a strong rental market in Collinsville, this multi-unit property is a solid choice for consistent cash flow and long-term appreciation. Second property available for sale 1002 Cherokee Drive, MLS#25029710
Lot & Building Features
ConstructionBrick Veneer, Other
CoolingElectric
Heat SourceElectric
HeatingForced Air
Parking DescriptionOff Street
SewerPublic Sewer
Tax Year2023
WaterPublic
Lot Dimensions83.78x137.05 irreg. ft
Community and Schools
Elementary SchoolCOLLINSVILLE DIST 10
Junior High SchoolCOLLINSVILLE DIST 10
Senior High SchoolCollinsville
Price History of 1003 Cherokee Drive, Collinsville, IL
Date
Name
Price
Difference
05/06/2025
Listing Price
$310,000
N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
1003 Cherokee Drive (MLS #25028857) is a multi-family listing located in Collinsville, IL.
This multi-family listing is on a lot of 12,197 sqft (or 0.28 acres) and is 53 years old. This property was listed on 05/06/2025 and has been priced for sale at $310,000.
Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.
All information provided is deemed reliable but is not guaranteed and should be independently verified.
Listing information courtesy of: Berkshire Hathaway HomeServices Select Properties
Listings displaying the MARIS logo are courtesy of the participants of Mid America Regional Information Systems Internet Data Exchange