$623 Closing Credit¹
#25005112, Listing Office: Coldwell Banker Brown Realtors
$55,000 List price
1218 Iowa St Madison, IL 62060
$653
Closing credit¹
1 bed
1 full
779 sqft
0.1 acres
$71 / sqft
House
Property details
About 1218 Iowa St
Investment Opportunity: Two Homes on One Lot – Sold As-Is! This property offers fantastic potential for investors or buyers with a vision! Featuring two separate 1-bedroom, 1-bathroom homes, this unique listing is ready for your creative touch. House #1 (Front Home): Includes 1 bedroom, 1 bathroom, a kitchen, and a living room. Offers a full basement, providing additional space for storage or potential upgrades. House #2 (Back Home): A cozy 1-bedroom, 1-bathroom layout with a kitchen and living room, perfect as a guest house or rental property. Both homes require repairs and updates, but the possibilities are endless—fix and flip for a profit or create a cash-flowing rental property. Please note: This property is being sold as-is. The sellers will not make any repairs. Don’t miss this chance to turn potential into profit. Schedule your showing today!
Highlights
Home typeResidential
HeatingOther
StatusSale Pending
CoolingOther
Size779 sqft
Lot size0.1317 Acres
Year built1922
ParkingOther
MLS #25001673
Summary
- MLS Number: 25001673
- MLS Name: MARIS
- Office Name: Century 21 Bailey & Company
Listings courtesy of Mid America Regional Information System as distributed by MLS GRID.
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. Properties displayed may be listed or sold by various participants in the MLS.
Based on information submitted to the MLS GRID. 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.
IDX information is provided exclusively for consumers personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Listings courtesy of MARIS MLS as distributed by MLS GRID. Copyright © 2025 Mid America Regional Information System (MARIS). All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 12:53:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$55,000
1218 Iowa St
$653
closing credit¹
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0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $13,450 | $1,758 |
| 2022 | $11,900 | $1,881 |
| 2021 | $11,210 | $1,629 |
| 2020 | $10,970 | $1,635 |
| 2019 | $11,170 | $1,680 |
| 2018 | $13,130 | $1,680 |
| 2017 | $13,130 | $1,766 |
History based on county public records data.
Nearby schools
2
Bernard Long Elementary School
Public District EE-5
0.6 mi
•1003 Farrish St
1
Lovejoy Elementary School
Public District PK-5
2.1 mi
•PO Box 250
2
Frohardt Elementary School
Public District KG-4
3.2 mi
•2040 Johnson Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $33,902. Typical income of Madison, IL residents is less than $<35k annually. Typical family type is single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
52%
<35k
40%
35k-100k
8%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
47%
Single, No Kids
23%
Single, with Kids
20%
Married, No Kids
10%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
10%
12-17 yrs old
19%
18-34 yrs old
41%
35-64 yrs old
12%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
Extreme Sports
Pro Wrestling
Where do the neighbors shop?
Kmart
Academy Sports & Outdoors
Wal-Mart
Where do the neighbors go to eat?
Bob Evans
Little Caesars
Sonic
What do the neighbors drive?
Buick
Chevrolet
Oldsmobile
What do the neighbors listen to?
Oldies
Country- Contemporary Inspirational
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1218 Iowa St
This home is located at 1218 Iowa St in Madison, IL and zip code 62060. This 779 square foot home, which was built in 1922, sits on a 0.13 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since January 17, 2025 and is currently priced at $55,000.
From Rocket Homes Real Estate and based on county public records data.