702 W Fayette Avenue Effingham IL 62401 | MLS #6261499

702 W Fayette Avenue
Effingham, IL, 62401
$149,000
Beds
0 Baths
0 SqFt
0.14 Acres
Add
MLS #6261499 image #0
Looking to expand your rental portfolio or jump into the world of real estate investing? This triplex could be exactly what you’ve been searching for! Featuring three separate rental units, each offering 1 bedroom and 1 bathroom, this property is a great opportunity to own an income-producing investment right here in Effingham! With two units located on the main level and one upstairs, all three units are currently occupied by month-to-month tenants, offering flexibility for the next owner. The property also features private parking in the back with convenient alley access, a roof that was replaced in 2019, an updated porch in 2021, and new upstairs carpeting installed in 2019. Why invest in just one rental unit when you could own THREE under one roof? Whether you’re a seasoned investor looking to grow your portfolio or someone ready to take the first step into investment properties, this one deserves a closer look!

Property Details

Price:
$149,000
MLS #:
6261499
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Triplex
Subdivision:
Western Add
Listed Date:
Oct 19, 2026
Lot Size:
6,098 sqft / 0.14 acres (approx)
Year Built:
1915
OtherWestern AddEffingham Dist. 40Probate

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Schools

School District:
Effingham Dist. 40

Interior

Appliances
Gas Water Heater
Cooling
Window Units
Heating
Electric
Levels
Two

Exterior

Architectural Style
Other
Roof
Shingle
Stories
2

Financial

Net Operating Income
$9,488
Tax Year
2025
Taxes
$2,012

Map

Community

Market Summary

Current real estate data for Single Family in Effingham as of Oct 19, 2026
68
Single Family Listed
79
Avg DOM
$445,663
Avg List Price

Property Summary

    Located in the Western Add subdivision, 702 W Fayette Avenue Effingham IL is a Single Family for sale in Effingham, IL, 62401. It is listed for $149,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1915. The average listing price for Single Family in Effingham is $445,663.

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