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Closed - Multi Family

613 S 16th St, Mt Vernon, IL 62864, Mount Vernon, IL

6 bds|4 bth|2,897 sqft

Facts & features

Multi Family Property type
505 days on Beycome
1940 Year built
$41 Price/Sqft.
8,712 sqft Lot size

Why you’ll love it

This property has been sold with Beycome on June 26, 2025.

Value Add Quad!!! Solid brick construction. 2 x 2bed/1bath and 2 x 1bed/1bath. INSANE RENTAL COMPS!!! Needs TLC. Beautiful area. Tons of potential and upside. Will generate a 17% NET RETURN ON INVESTMENT!! $80,000 INSTANT EQUITY!!! Professional management and financing is available.

Translating description...

Listings courtesy of Beycome.

Listed by: Misael Chacon • (804) 656-5007 • Beycome Brokerage Realty LLC

Co-listed by: Beycome Brokerage Realty LLC

Source: Beycome, MLS#: 17030849

Based on info available as of Nov 13, 2026 at 11:35 AM EST.

Affordability

$80,000$160,000
1%20%
0%90%
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Estimated monthly payment

$787/mo

  • Mortgage$607
  • Property tax$181
  • HOA fee
  • Homeowners insurance
Due at closing$95,400
Down payment held in escrow$24,000
Closing costs$1,800
beycome credit Est.$2,400

Beycome estimates only. Actual amounts and terms vary by lender and location.

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Disclaimer

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Copyright Beycome ©2026. Based on information as of Nov 13, 2026 at 11:35am EST.