Market snapshot
This report covers ZIP 62948, Herrin, IL. Demographic and housing figures blend U.S. Census ACS 5-year estimates with current rental listings. Flip-activity figures come from public county records of real estate transactions in the last 12 months, filtered to exclude wholesale deals, family transfers, and new construction.
Flipper activity in ZIP 62948
In the last 12 months, 7 properties in ZIP 62948 were bought and resold by investors, matching a real-flip profile (28 to 540 day hold, purchase of $25K or more, no new construction, rebuilds, iBuyers or multi-parcel sales; money-losing flips included). The typical flip cleared $53K in gross margin before rehab, carrying, and closing costs, with a median hold time of 210 days.
Top flippers in the zip
| Rank | Flipper / LLC | Flips |
|---|---|---|
| 1 | KEBI PROPERTIES LLC | 2 |
| 2 | GOSHA MITCHELL A | 1 |
| 3 | SHEK-EDWARDS PROFESSIONAL LLC | 1 |
| 4 | PERRUQUET ZECHARIAH A | 1 |
| 5 | EXCELSIOR INVESTMENT ENTERPRISES LLC | 1 |
Recent example
3216 PALOMINO CT, HERRIN, IL, 62948 · KEBI PROPERTIES LLC
Bought $150,000, sold $278,500 (+$129K), held 72 days.
Recent investor purchases in ZIP 62948
32 investor purchases in ZIP 62948 in the last 6 months, at a median price of $55K. 69% were all-cash. These are the investors competing for deals in this zip right now.
| Date | Property | Investor | Price | Paid with |
|---|---|---|---|---|
| Oct 14, 2026 | 419 S 26TH ST | CALO PROPERTIES LLC | $80K | Financed |
| Oct 13, 2026 | 812 N 12TH ST | BENTON PARK RESTORATION & DEVELOPMENT LLC | $23K | Cash |
| Oct 8, 2026 | 11 B LN | MUNK VENTURES LLC | $26K | Financed |
| Oct 8, 2026 | 900 S 16TH ST | NEW LEASE ON LIFE HOMES LLC | $30K | Cash |
| Oct 7, 2026 | 301 N 12TH ST | ELG RENTALS LLC | $125K | Financed |
| Aug 28, 2026 | 324 S 17TH ST | ROCHMAN GROUP LLC | $20K | Cash |
| Aug 21, 2026 | 1515 W ADAMS ST | WININGS COLTON | $139K | Cash |
| Aug 21, 2026 | 320 N 30TH ST | WININGS COLTON | $139K | Cash |
| Aug 19, 2026 | 120 N 11TH ST | CALO PROPERTIES LLC | $90K | Financed |
| Aug 14, 2026 | 820 N 18TH ST | FALCON LTD | $10K | Cash |
Watch 62948 every week
Get the newest investor purchases and flips in 62948 in your inbox every Monday. Free, one click to stop.
See every flip in 62948, with full buyer and deal details
The full tool shows every flip transaction with buyer entity, exact purchase price, sale price, margin, and hold time. Plus the complete flipper leaderboard, comps for any address, rental analysis, and our T1F Market Score.
Unlock the full 62948 report Free. Email only. No credit card.Nearby markets in IL
Same-state markets near ZIP 62948. Click any to see its fix-and-flip snapshot.
We built this tool. We also write the loans on flips just like the ones above.
About this data
Flip transactions: Pulled from public county recording records via SFR Analytics. Filtered to investor purchases resold 28 to 540 days later (shorter holds are wholesale or assignment deals). New construction, rebuilds, iBuyers, homebuilders, multi-parcel sales, family transfers and purchases under $25K are excluded. Money-losing flips are included, so margins reflect the real range of outcomes.
Gross margin: Sale price minus purchase price. Does not include rehab, carrying, or closing costs. Use our Deal Calculator to model full project returns.
Demographics and rent: Population, median household income, and median home value from U.S. Census ACS 5-year estimates (2022). Rental figures reflect current listings from SFR Analytics.
Why we built this: Tier One Funding is a direct bridge and fix-and-flip lender. We built this free tool because flippers kept asking us, "What are the real numbers in my market?" and there was no free answer that wasn't buried behind a paywall. Use the data to decide where to buy, then call us when you need bridge capital.