USAILCollinsvillePark Place Sub502 Wadsworth St
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502 Wadsworth St, Collinsville, IL

House

For Sale

Listed price in listed location currency (USD).
$265,000

004

MLS® 26025429

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 4334 sqft
Garage 
Taxes $6,403
Days Active 4
Lot Size 
Approx. Age 1905
Avg. Price Per Sqft $61
MLS® Number 26025429

Property Address: 502 Wadsworth St, Collinsville, IL, 62234-4064

Average square foot calculated using Size range provided by listing agent.

Description

Opportunity for Value Added Multifamily Project in Historic "McKinley School" building that was converted to 4 -One Bedroom Apartments. Apartments are large enough to renovate into Two Bedroom units with a potential 5th "partially finished" apartment in the basement (not counted in room count or square footage) that would need Code Compliance and Egress to utilize. 2 Story all brick building with carport, coin-op laundry and additional parking. Owner pays for Water, Sewer and Trash as well as gas for heat (boiler for radiant heaters) and hot water. All four units have central air so the potential to remove the boiler and add furnaces to remove the gas expense for the apartments is worth investigating. Financials are based on Actual 2025 YE numbers and currently 2 units are vacant (may change as listing progresses) and listed for rent starting Monday 4/27/26 for $825. Building to be sold as-is. Call your favorite Realtor to view vacant unit and write offer subject to/contingent on seeing and approving all 4 units within 72 hours of accepted offer.
MLS® Number26025429
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1905
BasementFull
DrivewayCarport
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 27, 2026List Date
$265,000List Price
  • Commute

Commute

Starting Address
Destination Address
502 Wadsworth St, Collinsville, IL

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