515 S 1st St, Breese, IL 62230

$37,500

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Sold Price
$37,500
List Price
$50,000
Status
CLOSED
Days on Market
55
Closing Date
Mar 03, 2026
MLS#
26001025
Subtype
Land
Lot Size
12,196
Acres
0.28
Subdivision
Not in a subdivision
Neighborhood
Not in a subdivision

Property Description

Prime development opportunity in the heart of Breese. Property consists of two city lots with water, sewer, and electric utilities already on site, offering an efficient path for future development. A mobile home is currently located on the property; mobile home and lawn building are excluded from the sale. The existing tenant is on a month-to-month lease and has expressed interest in continuing occupancy, providing short-term income flexibility. If The mobile home were to be removed, the property offers potential for new construction, including a single-family residence or duplex, subject to buyer verification of zoning, use, and city approvals. Convenient in-town location with utilities in place and multiple redevelopment options—well suited for investors or builders.

Additional Information

Taxes
$791
Zoning
Residential
Parking Features
Additional Parking, Driveway, Gravel, None, On Street
School District
BREESE DIST 12
Elementary School
BREESE DIST 12
Middle School
BREESE DIST 12
High School
Breese

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Calculator source: Real Geeks

Listing courtesy of Equity Realty Group, LLC. Selling Office: Equity Realty Group, LLC.

Listings displaying the MARIS logo are courtesy of the participants of Mid America Regional Information Systems Internet Data Exchange. Information From Third Parties, Deemed Reliable But Not Verified