LKV Realty
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$329,000
$1,650Reward *
105 Timberlake, Damiansville, IL 62215Listing ID 26049411

105 Timberlake, Damiansville, IL 62215

Active
Hilltop Acres
Last updated: Aug 5, 2026
Property Type
Property Type
Residential Income
Property Sub Type
Property Sub Type
2-4 Units
Square Feet
Square Feet
2,300
Acres
Acres
0.29
Days on Site
Days on Site
12
Cooling
Cooling
Central Air
Heating
Heating
Forced Air
Year Built
Year Built
2003
Garages
Garages
2
Parking
Parking
Attached Carport, Concrete, Driveway

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.

Property Information

Property Details

Location

Address
105 Timberlake
County
Clinton
City
Damiansville
Zip Code
62215
Subdivision
Hilltop Acres
School District
DAMIANSVILLE DIST 62
High School
Breese
Elementary School
DAMIANSVILLE DIST 62

Interior Features

Heating and Cooling

Cooling
Central Air
Heating
Forced Air

Building

Building Information

Square Feet
2,300
Year Built
2003
Construction
Brick Veneer, Frame, Vinyl Siding
Roof
Architectural Shingle

Financial

Special Conditions
Standard

Property Taxes

Tax Annual Amount
$4,588
Tax Year
2024
Real Broker LLC, (630) 423-5891

Market Report for 62215

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: MARIS
MARIS logo

Based on information submitted to the MLS GRID as of 16 Aug 2026, 06:21 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

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