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sales rep | Brivity IDX

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5991 Kinmundy Rd , Louisville, IL 62858
$198,000
Est. Payment: $1,062.36/mo
1.44 Acres
Status: active | Days on site: 113
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98228 - 1060229
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House Description

Investment opportunity with endless potential! This unique multi-family property features a barn-style apartment complex offering 6 available units, plus an additional 4-bedroom, 2-bathroom home currently configured as two separate apartments with an attached garage. Situated on approximately 1.4 acres (to be surveyed and divided from the original 34-acre parcel), this property offers multiple income-producing opportunities in one convenient location. The barn-style apartments offer tons of character and opportunity but will require finishing work and improvements, making this an ideal project for an investor or buyer looking to add value and customize the space to their vision. With several units available and ready for updates, there is significant potential to increase rental income and overall property value. The additional home provides even more flexibility with two apartment-style living spaces, creating multiple streams of rental income all on one property. Whether you're looking to expand your investment portfolio, renovate and rent, or create a unique multi-family setup, this property is packed with potential. Bring your ideas and vision, opportunities like this don't come around often!

Highlights

Listed by Gannon Stork , 618-572-0630 WILEY REALTY GROUP , 618-508-4848. Midwest Real Estate Data mls logo

Property Type

Multi-Family

Lot/Acreage
1.44

Year Built

1947

County

Clay

Area

Louisville

Listing ID

12652490

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Interior Features

Air Cond:Central Air,Window Unit(s)
Fireplaces:

Exterior Features

Lot Dimensions:62726.4
Zoning:OTHER
Roof:Composition,Metal
Principal Interest
$1,062
Taxes
$493

Home Price

$198,000

Loan Details

30 yrs
7.08%

Down Payment

20%
$39,600
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,062.36

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,062.36 $492.56 $0.00 $1,554.92
Yearly $12,748.36 $5,910.69 $0.00 $18,659.05
Total $382,450.79 $177,320.70 $0.00 $559,771.49
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Master Chief
Lender
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Market insight data is pulled from the same city as the listing being viewed (Louisville, IL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MRED as of the date listed below. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED 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.

Based on information submitted to the MLS GRID as of the date listed below. 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. Some listings have been excluded from this website.

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Data last updated: 2026-10-27T04:57:04.000Z

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