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(314) 578-5558
(314) 578-5558 Email (314) 578-5558
Mary M Nigh
REALTOR®

302 N Railroad Street, Freeburg, IL 62243

Sold: 120000
Sold on: Jan 7th, 2026
$ Per Square Foot: $150
Sold: 120000
Sold on: Jan 7th, 2026
$ Per Square Foot: $150
BEDS0 BATHS SQUARE FEET800 MLS#25067685
STATUSClosed PROPERTY TYPEResidential - Mobile Home SUBDIVISIONTemples Add SCHOOLFreeburg


Property Description

GREAT INVESTMENT OPPORTUNITY. AS-IS - Seller will not make any repairs and inspection waiver must be part of the contract. This .76 Acres lot centrally located in the heart of Freeburg. Currently Zoned MH-1, this parcel consists of 6 mobile home lots. 2 mobile homes (304 and 310 N. Railroad) are included with this sale (older home currently rented for $490/m including the lot). Second mobile home has been significantly damaged by last owner and title was released by the court to the seller. The seller is willing to remove this unit with a full price offer or leave the unit (buyer's choice) and take $125,000. 3 lots rent for $210 per month and one currently is at $200. Those four lots have owner occupied mobile homes. All tenants are current with the exception of one, that is always behind 1 month, but always pays. Current annual income with four leased lots and one rented trailer is $15,840. Seller holds the belief that lot rental is below market value and may be increased. All current leases are month to month. Seller is currently paying approximately $500 per year for insurance. Taxes 2024 were $3097 per year. Each tenant mows their own lawn and pays their own utilities. All streets are city owned and maintained. Owner is responsible for sewer lines from the mobile home to the city street as is electricity from pole. One sewer line was replaced and one pole was replaced by seller over 10 years ago. Seller considers this a low maintenance property. If damaged trailer is removed, it can be replaced by buyer. Great ROI. Manufacture dates of mobile homes are unknown at this time, as are room sizes. Rent ledger is available. Seller will attempt to answer all questions.

Property Features

Cooling: Central Air
Heating: Forced Air
Lot Size: 0.76 Acres
Taxes: $2,903
Year Built: 1980

Feature Descriptions

Exterior: Metal Siding
Lot: Cleared, Level, Other
Lot Dimensions: 0.76
Parcel#: 14-19.0-410-018
Parking: Driveway
Sewer: Public Sewer
Utilities: Electricity Available, Natural Gas Available
Water: Public

Local Schools

High School: Freeburg
Middle School: FREEBURG DIST 70
Elementary School: FREEBURG DIST 70
School District: Freeburg

Listed By / Sold By

Listed By

Agency Name: Tammy Mitchell Hines & Co.

Shown By

Agent Name: Mary M Nigh
Agent Phone: (314) 578-5558
Agency Title: RedKey Realty Leaders

Sold By

Agency Name: Tammy Mitchell Hines & Co.
Agency Phone: 618-281-3959
Agent Name: Tammy Hines

Mary M Nigh
Mary M Nigh Office: (314) 692-7200 Cell: (314) 578-5558 Email Me
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/01/2026. The listing information on this page last changed on 04/01/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 04/01/2026 12:03:30 AM EST) or MARIS MLS (last updated Wed 04/01/2026 12:01:22 AM EST). Real estate listings held by brokerage firms other than RedKey Realty Leaders may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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