$250,000
612 E 3rd Ave , Grand Tower, IL 62942
- 1,250
- sqft
- 1988
- year built
- Status:
- Active
- MLS #:
- 12701483
- County:
- Jackson
- Listed By:
- LATIA HAYES - EXIT REALTY NEW BEGINNINGZ
- Office Phone:
- (618) 529-4663
- Agent Email:
- latiakhayes@gmail.com
Sponsoring Broker: Diane Glass, Berkshire Hathaway HomeServices Chicago
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.
Highlights
- Commercial Sale
- Multi Family
- Built in 1988
- 3.19 Acre Lot
- 125 days on Market
-
- Year Built
- 1988
-
- Stories
- 1.0
-
- Construction Materials
- Aluminum Siding, Brick
-
- Foundation
- Concrete Perimeter
-
- Cooling
- Central Air
-
- Acres
- 3.19
-
- Area
- Grand Tower
-
- County
- Jackson
-
- City
- Grand Tower
-
- Zip Code
- 62942
-
Nearby Schools
-
51out of 100
-
55out of 100
Disclaimer: ez Home Search School Ratings are on a scale of 1-100 and represent our evaluation of school quality based on academic performance, school resources, community feedback, and demographic factors. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.
-
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Frequently Asked Questions
How do I schedule a tour of 612 E 3rd Ave?
We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 612 E 3rd Ave.
They know commercial sales in the area well and can give you the guidance you need to buy with confidence.
How do I get more information about 612 E 3rd Ave?
Click Ask a Question to talk with our team. You already know it is a N/A bed, N/A bath, listed for $250,000. We can talk through recent upgrades, potential seller motivation, how this multi family compares to others in Grand Tower, and can even get you in to see the property quickly.
How much is the monthly mortgage payment for 612 E 3rd Ave?
With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 612 E 3rd Ave at around $1,423. This includes estimated property taxes and insurance.
Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.
How do I get pre-approved to buy 612 E 3rd Ave?
Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.
Or, let us connect you with our preferred local lender in Jackson County. They will give you all of your available financing options, based on your specific situation and what is available to you.
Can I negotiate the asking price for 612 E 3rd Ave?
In most cases, yes. Whether 612 E 3rd Ave is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Grand Tower's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.
How do I make an offer on 612 E 3rd Ave?
We can handle that for you. Our preferred local agent specializes in commercial sales in Grand Tower and can guide you through every step of the offer process.
You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.
What is the price per square foot for this home?
This home is listed at $250,000 with 1,250 sqft of space—that comes out to approximately $200 per square foot.
How long has this property been on the market?
612 E 3rd Ave was listed on July 10, 2026, which means it's been on the market for 125 days.
Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.
When was this house built?
This home was built in 1988, making it approximately 38 years old.
What is the lot size of this property?
612 E 3rd Ave sits on a 3.19-acre lot, which is 138,956 square feet.
Is 612 E 3rd Ave still available for sale?
Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.
Source: ez Home Search, MLS Data
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Listing information 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. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Midwest Real Estate Data (MRED). All rights reserved.
Last Updated: November 12, 2026 at 07:47AM | Source: Midwest Real Estate Data (MRED) | MLS#: 12701483
