Opportunity Property with Strong Upside in Lenzburg, IL Located in the heart of Lenzburg, this 2-bedroom, 1-bath home with basement and detached garage offers a compelling opportunity for investors or owner-occupants looking to build equity through renovation. The home sits on a quiet residential street with easy access to local schools, parks, and nearby communities including New Athens, Marissa, and Mascoutah. Lenzburg offers small-town charm with proximity to major employment corridors in St. Clair County. Property Highlights: * 960 SF above grade * 2 Bedrooms / 1 Full Bath * Basement with solid brick foundation * Detached 1-car garage * Newer Furnace * Water heater replaced in 2018 * Layout supports modern, functional updates without expansion This is not a cosmetic-only project. The property will require a comprehensive renovation, that with a well-defined scope of work would be a strong candidate for a long-term rental, resale after rehab, or an owner-occupant looking for a renovation project. Property is being sold AS-IS. Seller will not make repairs. Cash, portfolio, and renovation loans considered.
Listed By
Agency Name: Compass
Agency Phone: 847-306-6158
Shown By
Agency Title: Gambino Realtors
Agency Phone: 815-282-2222
Estimated Payment
$ 305.11 per month $158.98 Principal & Interest $135.92 Property Tax $10.21 Homeowner's Insurance
120 S Charles Street | MLS# 12540360
This single family home located at 120 S Charles Street, Lenzburg, IL 62255 is currently listed for sale with an asking price of $35,000. This property was built in 1902 and has 2 bedrooms and 1 full baths with 960 sq. ft. S Charles Street is located within the District 40 school district. Search Lenzburg real estate on www.gogambino.com today.