Outstanding investment opportunity in Damiansville, Illinois — 105 & 107 Timberlake Drive delivers immediate, day-one cash flow in a quiet, established community just minutes from Breese and the I-64 corridor. This meticulously maintained duplex features two spacious 2-bedroom, 2-bathroom units, each with a partially finished basement — providing tenants with valuable extra living and storage space that sets this property apart from typical rental inventory and fuels long-term occupancy. This property has never had a vacancy. Zero. The owner's commitment to maintenance, management, and tenant relationships speaks for itself — and it shows in the numbers. Both units are currently occupied at rents that are meaningfully below today's market rate, with comparable 2-bedroom, 2-bathroom units in the area leasing for $1,400/month. At current rents of $1,350 and $1,200/month, a buyer acquires immediate cash flow while sitting on significant upside — bringing both sides to market rate adds over $5,400/year in gross income at the next lease renewal. At the current asking price of $329,000 with in-place rents, the property produces a solid cap rate with strong DSCR that satisfies commercial lending requirements — and that story only gets better as rents normalize to market. The partially finished basements on each side represent an additional value-add opportunity for a buyer willing to invest modest finish dollars in exchange for a premium rent bump. Pride of ownership is evident throughout this property. If you are looking for a stabilized, low-maintenance, income-producing duplex in a growing Clinton County community with a proven track record and room to grow, 105 & 107 Timberlake Drive is exactly what you have been waiting for. Priced at $329,000. Do not disturb tenants — call the listing agent to schedule a showing.
0 Bed
0 Bath
2,300 sq.ft
$0 per sq.ft
Traditional
$ 329,000
Active Under Contract
0
26049411
0
0
2,300
Hilltop Acres
DAMIANSVILLE DIST 62
Clinton-IL
Residential Income
Traditional
Residential Income
$4,588
Last 6 closed homes in this zip.
| Address | Bd/Ba | SqFt | List | Sold | Closed |
|---|---|---|---|---|---|
| 101 W Hendricks Street, Albers, IL 62215 | 3/2 | 1,723 | $234,900 | $210,000 89.4% of ask |
Aug 7, 2026 |
| 103 Walnut Street, Damiansville, IL 62215 | 2/1 | 1,968 | $250,000 | $250,000 100% of ask |
Aug 5, 2026 |
| 102 Debra Drive, Albers, IL 62215 | 3/2 | 1,152 | $259,000 | $250,000 96.5% of ask |
Apr 13, 2026 |
| 132 Timberlake, Damiansville, IL 62215 | 3/2 | 1,529 | $299,900 | $290,000 96.7% of ask |
Sep 18, 2025 |
| 203 N Williams Street, Albers, IL 62215 | 4/1 | 1,488 | $220,000 | $217,500 98.9% of ask |
Jul 24, 2025 |
| 207 Debra Drive, Albers, IL 62215 | 3/3 | 1,641 | $289,500 | $280,000 96.7% of ask |
Jul 3, 2025 |
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Tired of trying to find the perfect home and you just can't find the one that checks enough boxes? Maybe it's time to switch directions to this vacant 0.32 lot in Hilltop Acres on the North side of Damiansville. This a a very nice growing neighborhood to settle down in. The lot is a corner lot that helps open up more options for building. You should be able to get a side entrance garage if that is one of your boxes to check.
Outstanding investment opportunity in Damiansville, Illinois — 105 & 107 Timberlake Drive delivers immediate, day-one cash flow in a quiet, established community just minutes from Breese and the I-64 corridor. This meticulously maintained duplex features two spacious 2-bedroom, 2-bathroom units, each with a partially finished basement — providing tenants with valuable extra living and storage space that sets this property apart from typical rental inventory and fuels long-term occupancy. This property has never had a vacancy. Zero. The owner's commitment to maintenance, management, and tenant relationships speaks for itself — and it shows in the numbers. Both units are currently occupied at rents that are meaningfully below today's market rate, with comparable 2-bedroom, 2-bathroom units in the area leasing for $1,400/month. At current rents of $1,350 and $1,200/month, a buyer acquires immediate cash flow while sitting on significant upside — bringing both sides to market rate adds over $5,400/year in gross income at the next lease renewal. At the current asking price of $329,000 with in-place rents, the property produces a solid cap rate with strong DSCR that satisfies commercial lending requirements — and that story only gets better as rents normalize to market. The partially finished basements on each side represent an additional value-add opportunity for a buyer willing to invest modest finish dollars in exchange for a premium rent bump. Pride of ownership is evident throughout this property. If you are looking for a stabilized, low-maintenance, income-producing duplex in a growing Clinton County community with a proven track record and room to grow, 105 & 107 Timberlake Drive is exactly what you have been waiting for. Priced at $329,000. Do not disturb tenants — call the listing agent to schedule a showing.
Welcome home to this beautifully redone 3-bedroom, 2-bathroom home located in the heart of Albers! This move-in ready property offers a fresh, updated feel with beautiful cabinetry, modern countertops, and finishes throughout that make this home truly stand out. Enjoy plenty of space for vehicles, hobbies, or storage with the impressive 3-car detached garage. Located just one block away from the school, this home offers convenience, comfort, and a great location. With all the updates already done, this is the perfect opportunity to make this stunning house your new home!
