Back arrow
Real Estate Brokerage

Menu
default user icon
Saved Homes Saved Searches My Properties My Profile Sign Out
855.375.4001
Listing Courtesy of: Tammy Hines - Tammy Mitchell Hines & Co. 618-281-3959
$128,000 affordable loan icon Calculate Payment

302 N Railroad Street Freeburg, IL 62243

Down payment assistance icon
Manufactured Home Residence
Beds
Baths
... Bed/Bath
800 Sq. Ft.
save icon Save save icon Save share icon Share checkmark icon Get Pre-Approved

Property Activity

Time on Site
days
Days on Market
Views
Saves
Last updated on 12/14/2025 4:46 AM

Listing Details

GREAT INVESTMENT OPPORTUNITY. AS-IS - Seller will not make any repairs and inspection waiver must be part of the contract. This .76 Acres lot centrally located in the heart of Freeburg. Currently Zoned MH-1, this parcel consists of 6 mobile home lots. 2 mobile homes (304 and 310 N. Railroad) are in...cluded with this sale (older home currently rented for $490/m including the lot). Second mobile home has been significantly damaged by last owner and title was released by the court to the seller. The seller is willing to remove this unit with a full price offer or leave the unit (buyer's choice) and take $125,000. 3 lots rent for $210 per month and one currently is at $200. Those four lots have owner occupied mobile homes. All tenants are current with the exception of one, that is always behind 1 month, but always pays. Current annual income with four leased lots and one rented trailer is $15,840. Seller holds the belief that lot rental is below market value and may be increased. All current leases are month to month. Seller is currently paying approximately $500 per year for insurance. Taxes 2024 were $3097 per year. Each tenant mows their own lawn and pays their own utilities. All streets are city owned and maintained. Owner is responsible for sewer lines from the mobile home to the city street as is electricity from pole. One sewer line was replaced and one pole was replaced by seller over 10 years ago. Seller considers this a low maintenance property. If damaged trailer is removed, it can be replaced by buyer. Great ROI. Manufacture dates of mobile homes are unknown at this time, as are room sizes. Rent ledger is available. Seller will attempt to answer all questions. Continue reading
MLS#
25067685
Property Type
Manufactured Home
Year Built
1980
Square Feet
800 sq. ft
Lot Size
0.76
Stories
1.0
Sewer
Public Sewer
See more listing details   See less listing details  

Receive an email as soon as the price changes

Receive an email

as soon as the price changes
Get Price Alerts
price alerts icon

Get Price Alerts

Don't miss your chance. Receive an email as soon as the price changes.

Notify Me

Get email alerts when
a home price changes

Sign up
view of kitchen

Walk Score

Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.

View More   View Less  
Source: Walk Score®

Mortgage Calculator

scales icon

How much home can I afford?

Kickstart your home search journey with our online Pre-Approval.

Get Started
megaphone icon

See How Much You Could Save

Thinking about buying or selling? Talk to one of our Mortgage Professionals today to see how much you could save on your next home. Call us at 833-981-2030.

Let's Talk
Listing Courtesy of: Tammy Hines - Tammy Mitchell Hines & Co. 618-281-3959
Andrea D. Conner, License 71221, Xome Inc., License 68390, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067

Listings courtesy of MARIS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 12/14/2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to [email protected]. The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
This content last refreshed on 12/14/2025 4:46 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
Xome Real Estate and Auction Licensing © Xome Inc.; Xome Realty Services LLC. All rights reserved. Xome Inc./Xome CT LLC (Davis E. Owen, Sr.- Broker)(CT properties only)/Xome PR LLC (PR properties only)/ Xome OH LLC (OH properties only), 750 Highway 121 BYP, Suite 100, Lewisville, TX 75067. Use of this Website constitutes acceptance of the Terms of Use and Privacy Policy. By searching you agree to the end user license agreement (TOU).
© Nationstar Mortgage LLC d/b/a Mr. Cooper. Mr. Cooper is a registered service mark of Nationstar Mortgage LLC. NMLS: #2119 NMLS Consumer Access (www.nmlsconsumeraccess.org). Mr. Cooper licensing information (www.mrcooper.com/legal). This site is not authorized by the New York State Department of Financial Services. No mortgage loan applications for properties located in the state of New York will be accepted through this site.
save icon Save
save icon Save
share icon Share
checkmark icon Get Pre-Approved