400 S Franklin Street, Greenup, IL 62428

Greenup
Local realty services provided by:Better Homes and Gardens Real Estate Service First
400 S Franklin Street,Greenup, IL 62428
$495,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: blake mcwilliams
Office: keller williams-trec
MLS#:6255667
Source:IL_CIBOR

Price summary

  • Price:$495,000

About this home

This income-producing property features 3 two-story buildings with four units each, offering a total of twelve apartments. Each building includes central open stairs leading to the second floor and coin-operated laundry facilities on the main level. The units are heated by baseboard electric radiant systems, and air conditioning is provided through wall units, making the property highly economical to operate. The site offers a concrete parking lot, handicap-accessible ramps, and a visually appealing setting surrounded by mature trees. Each building features low-maintenance veneer brick and metal siding, and brand-new metal roofs were installed between 2022-2023. The property boasts one of the lowest operating cost ratios and real estate tax rates in the area. Five units have been recently updated with new flooring, refinished gray kitchen cabinets, and modern bathroom vanities. Located along US RT 40, the property benefits from strong visibility between Terre Haute and St. Louis.

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Home facts

  • Year built:1982
  • Subdivision & Development:Matteson Add
  • Listing ID #:6255667
  • Added:379 day(s) ago
  • Updated:August 27, 2026 at 10:30 AM

Heating and cooling

  • Cooling:Wall Units
  • Heating:Electric, Radiant

Structure and exterior

  • Year built:1982
  • Lot area:1 Acres
  • Levels:2 Stories

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$495,000
  • Tax amount:$4,992 (2024)

Features and amenities

  • Appliances:Electric Water Heater

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