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Size: 1.55 Acres

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Land - Godfrey, IL

2 hard to find multifamily zoned lots ($44,950 each) being sold together with current condo plat and restrictions and bilaws included. Water main and sewer main and electric all on site. Owner/developer will turn over all original survey plats and condo floor plans and SMS engineering etc for remaining 13 to be built units. Condo association fee paid by each unit $1080 annually covers road maintenance and lawn maintenance and master insurance policy on entire development and property. Take over and finish the development or possibly change plans and do something different. Condo units sold between $150-$187K price range and rented for $1600/mo. Call today with questions and buy and start building new units right away for only $89,900!!! Agent Owned.

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Contact Seller

Coldwell Banker Paslay Realtor

License #475098837

Bethalto, IL

(618) 530-7355

Michael Paslay

Coldwell Banker Paslay Realtor
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Provided By

Coldwell Banker Paslay Realtor, (618) 531-3377
Source: ListHub, MLS# 25015480
Listing status: Active
Listing last updated: June 4, 2025 at 6:36 PM
Listing last checked: August 12, 2025 at 1:30 PM
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