5991 Kinmundy Road Louisville, IL $ 198,000
5991 Kinmundy Road
$ 198,000
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5991 Kinmundy Road

Louisville, IL, 62858
$ 198,000
Bedrooms12 Baths0.0

Monthly Estimate*

$ 1,219

5991 Kinmundy Road, Louisville, IL 62858 - Image 1
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5991 Kinmundy Road, Louisville, IL 62858 - Image 9
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5991 Kinmundy Road, Louisville, IL 62858 - Image 12

Multi-Family Home for sale in Louisville, IL

for $198,000 with 12 bedrooms. This home was built in 1947 on a lot size of 1.44.

Investment opportunity with endless potential! This unique multi-family property features a barn-style apartment complex offering 6 available units, plus an additional 4-bedroom, 2-bathroom home currently configured as two separate apartments with an attached garage. Situated on approximately 1.4 acres (to be surveyed and divided from the original 34-acre parcel), this property offers multiple income-producing opportunities in one convenient location. The barn-style apartments offer tons of character and opportunity but will require finishing work and improvements, making this an ideal project for an investor or buyer looking to add value and customize the space to their vision. With several units available and ready for updates, there is significant potential to increase rental income and overall property value. The additional home provides even more flexibility with two apartment-style living spaces, creating multiple streams of rental income all on one property. Whether you're looking to expand your investment portfolio, renovate and rent, or create a unique multi-family setup, this property is packed with potential. Bring your ideas and vision, opportunities like this don't come around often!

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Multi-Family Active

Price

$ 198,000

Bedrooms

12

Property Type

Multi-Family

Taxes

$ 5,910

Style

Lot Size

1.44

Year Built

1947

Town/City

Louisville

County/Region

Clay

MLS | Web ID

12652490

Features
General
Cooling Central Air Window Unit(s)
Roof Composition Metal
Zoning OTHER
Construction Materials Wood Vinyl Siding Brick
Year Built 1947
Tenant Pays Electricity
Stories Count 2
Tax Year 2025
Gross Income 57600
County Clay
Net Operating Income 18000
Operating Expense 18000
Insurance Expense 0
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 0
Status Active
Directions Sec 26-4-5 NE NE EX S 6 AC 34 A
City Louisville
Number Of Units Total 8
MLS Area Louisville
Tax Annual Amount 5910.69
Electric Expense 0
Fuel Expense 0
Trash Expense 720
Water Sewer Expense 17280
Additional Parcels Y/N N
Standard Status Active
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Exterior
Foundation Details Block
Lot Dimensions 62726.4
Lot Size Acres 1.44
Frontage Type Public Road
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* Excluded Features
List By
Wiley Realty Group

Broker

gstork23@gmail.com;gstork23@icloud.com

Email

Affordability Calculator

$1,712
Per Month
71%
29%
0%
Monthly Principal & Interest
$1,219
Monthly Property Taxes
$493
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/4/2026$198,000 Listed Price

Map


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5991 Kinmundy Road, Louisville, IL, 62858 is a Multi-Family Home for sale at $198,000 with a lot size of 1.44. 5991 Kinmundy Road has 12 bedrooms, 0.0 baths, and was built in 1947. The property's zip code is 62858 which is in Louisville, IL