Check out this great income producing duplex located in Vandalia, IL. Several recent updates with the biggest being a new roof in 2023, new HAVC system installed in 2023 for one of the units, new water heaters in 2024 and 2019. Each unit has its own laundry hookups. One of the unique aspects about this property is the electric, gas, and water is separately metered so less work for the investor billing back tenants. Majority of windows are vinyl along with vinyl siding, this makes the exterior of the duplex easy to maintain. One unit is 3 bedrooms and 2 full baths. Second unit is 3 bedrooms and 1.5 baths. Rents have ranged from $700-$750 the past year. Property is vacant so new owner has their own choice of tenants. Run your own numbers any way you like and you will see this property is priced appropriately to start making income for the new owner once the units are leased. Any questions feel free to get in touch with me or your favorite agent. Property is being sold as-is.
The median home value in Vandalia, IL is $151,500. This is higher than the county median home value of $107,100. The national median home value is $338,100. The average price of homes sold in Vandalia, IL is $151,500. Approximately 50.62% of Vandalia homes are owned, compared to 32.62% rented, while 16.77% are vacant. Vandalia real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Vandalia real estate agent to arrange a tour today!
Vandalia, Illinois has a population of 6,459. Vandalia is less family-centric than the surrounding county with 23.76% of the households containing married families with children. The county average for households married with children is 27.96%.
The median household income in Vandalia, Illinois is $36,064. The median household income for the surrounding county is $47,744 compared to the national median of $69,021. The median age of people living in Vandalia is 41.7 years.
The average high temperature in July is 87 degrees, with an average low temperature in January of 20.6 degrees. The average rainfall is approximately 40.9 inches per year, with 11 inches of snow per year.