612 E 3RD Avenue, Grand Tower, IL 62942
Jackson County
Key Facts
Description
Welcome to Walker Hill, a multi-family investment opportunity located in the scenic countryside of Grand Tower, IL. Set in a peaceful rural setting, the location offers tenants a quiet lifestyle while giving investors the chance to unlock tremendous value. This property consists of four buildings with a total of 12 units, 10 one-bedroom apartments (including one fully handicap accessible) and 2 two-bedroom units. Each unit features one bathroom, a generously sized pantry, and ample storage space, Currently, one unit is occupied while the remaining units require varying levels of renovations. Currently operating as income-based subsidized housing. 24 hr notice required for showing occupied units. The property includes a coin-operated laundry facility, providing an added income stream for owner and convenience for tenants. The property is currently in foreclosure and is being sold strictly as is. Whether you're expanding your portfolio or searching for your next high-potential project, Walker Hill delivers an all-in-one investment.
Property Information
Property Type
Commercial Sale
Sub-Type
Multi Family
Year Built
1988
Stories
1
Living Area
1,250 sq ft
Lot Size
3.19 acres
Lot Dimensions
315x441
Days on Market
7
MLS® Listing#
12701483
Property Features
Cooling
Construction
Foundation
Financial Details
Parcel Number
1625201002
Directions
Route 149 to Route 3 head South to Power Plant Road. Turn left onto 3rd Avenue. The property is on the left.
Affordability Calculator
$50,000
Estimated monthly payment
$1,331/mo
Principal $200,000 · Est. interest $279,018 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Grand Tower, IL
- 42
- Median Days on Market
- 1,885
- Median Sq Ft
- $83
- Median Price / Sq Ft
- 4
- Active Listings
- Its price per sq ft is 141% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Grand Tower, IL.
Location
Points of Interest in Grand Tower, IL
Showing the Grand Tower area map.
Nearby Schools
Altenburg Public School
Elementary · 5.0 mi away
United in Christ Lutheran School
School · 6.6 mi away
Christ Lutheran School
School · 6.9 mi away
Shawnee Cusd
Secondary · 10.3 mi away
Cope Alternative School
Secondary · 12.2 mi away
Tri-County Center
School · 12.2 mi away
Murphysboro Middle School
Secondary · 12.3 mi away
Immanuel Lutheran Church
School · 12.5 mi away
Saint Andrew School
School · 12.9 mi away
Murphysboro Christian Academy
School · 13.1 mi away
Murphysboro High School
Secondary · 13.5 mi away
Carruthers Elementary School
Elementary · 13.6 mi away
Tri-County Special Education
School · 13.6 mi away
General John A. Logan Elementary School
Elementary · 14.7 mi away
North Elementary
Elementary · 14.7 mi away
Cobden Unit School District
School · 14.9 mi away
Cobden High School
Secondary · 14.9 mi away
Cobden Elementary School
Elementary · 14.9 mi away
Murphysboro Cusd 186
School · 15.0 mi away
McElvain School
School · 15.0 mi away
Commute Calculator
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EXIT Agents in Grand Tower
Listing Courtesy: EXIT REALTY NEW BEGINNINGZ - 6185294663
Last Updated: 2026-07-10