#3 • Investment Opportunity! 2-Bedroom Home with Tenant in Place - 102 S John Street, Jonesboro, IL 62952
Part of 4 Properties: Buncombe, Ware, & Jonesboro (timed auction by Joe Ollis Real Estate & Auction, LLC)
High bid $16,050.00
Status: Sold
Investment Opportunity! 2-Bedroom Home with Tenant in Place 102 S John Street, Jonesboro, IL 62952 Thursday, November 13th, 2025 at 2:00 PM Property Description This auction presents an opportunity to own a 2-bedroom, 1-bathroom home in Jonesboro, Illinois. The property features approximately 912 square feet of living space on a level 0.160-acre lot measuring approximately 73 x 100 feet. Built in 1969 with modular construction, this home had a roof and vinyl siding installed approximately 15 years ago. The property is currently tenant-occupied and being sold as-is, where-is, offering potential for investors or buyers looking for a project property. Real Estate Tax ID: 14-00-07-617 Mobile Home Tax ID: 14-330 Yearly Real Estate Taxes: $201.60 (2024) Yearly Mobile Home Taxes: $68.40 Zoning: R-3 Year Built: 1969 Home Square Footage: Approximately 912 sq ft Lot Size: Approximately 0.160 Acres Dimensions: 73 x 100 feet Bedrooms: 2 ~ Bathrooms: 1 Rooms and Dimensions Living Room Great Room Family Room Formal Dining Room Informal Dining: Kitchen: 12.0 x 14.0 (Main Level, Vinyl Flooring) Bedroom 1: 10.0 x 12.0 (Main Level, Carpet) Bedroom 2: 10.0 x 10.0 (Main Level, Carpet) Den/Office Laundry Features Construction: Modular with vinyl siding exterior Roofing: Shingle roof (approximately 15 years old) Heating/Cooling: Electric forced air heating, central air conditioning, electric water heater Water/Sewer: Public water and public sewer connections Kitchen: Formal dining area with range/oven and refrigerator included Foundation: Concrete slab foundation Parking: Gravel driveway Exterior: Attractive front porch Lot: Level lot with paved road access Schools: Jonesboro Elementary, Jonesboro Middle School, Anna/Jonesboro High School Location: Convenient location just 0.3 miles from Jonesboro Square Current Rental Status: Tenant occupied with verbal month-to-month agreement at $475/month (tenant pays electric). Tenants have cats. Property being sold as-is, where-is. Perfect For: Investors seeking rental property with existing tenant in place generating $475/month income Handyman Buyers looking for a property with immediate equity potential through cosmetic updates Bargain Hunters wanting an affordable entry point into homeownership with renovation opportunity Flippers interested in a project property in an established neighborhood near Jonesboro Square Cash Buyers seeking as-is property at auction pricing with quick closing timeline Directions: From the Jonesboro Square, travel East for 0.3 miles, turn South (Right) onto John Street for 177 feet. Home will be on the East (Left). Call us today to schedule a showing 1-800-272-9791 Seller: Estate of Sherman Mays Abbreviated Real Estate Terms: Successful bidder(s) will be required to enter into a written contract and deposit earnest money for $2,500.00. Balance due on or before December 30, 2025. Deed and title insurance will be provided by the seller. Possession will be given on the date of closing. A ten percent (10%) buyer's premium will apply to the high bid to establish the contract price. Make your financial arrangements prior to the auction. Potential buyers may make any inspections prior to auction. Public access to the Internet for online bidding is available at public libraries. Joe Ollis Auction Service, LLC IL. Lic # 444.000380 Information Herein Believed to Be Accurate but Not Warranted