Active - Land for sale
Freeburg, IL
Facts & features
Why you’ll love it
GREAT INVESTMENT OPPORTUNITY. This .76 Acres lot centrally located in the heart of Freeburg. Currently Zoned MH-1, this parcel consists of 6 mobile home lots. 1 mobile home is included with this sale (older home currently rented for $490 including the lot). 5 other lots have owner occupied mobile homes and pay lot rent at a rate of $210 per month. Current annual income is $18480 with the belief that lot rental is below market value and may be increased. Seller is currently paying approximately $500 per year for insurance. Taxes are approximately $2600 per year. Each tenant mows their own lawn. 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 maintenance free property. Great ROI
Listings courtesy of Tammy Mitchell Hines & Co. as distributed by MLS GRID.
Listed by: Tammy Mitchell Hines & Co.
Co-listed by: Tammy Mitchell Hines & Co.
Source: Maris MLS as distributed by MLS GRID, MLS#: MAR23074288
Based on info available as of Nov 13, 2026 at 12:33 PM EST.
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Affordability
$1,000/mo
- Mortgage$758
- Property tax$242
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
$2,998 Credit back
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This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.
Disclaimer
Based on information submitted to the MLS GRID as of Nov 13, 2026 at 12:33pm EST. 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.
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