201 East Madison Street

Malta, IL 60150

$425,000
Price
8
Beds
8
Baths
2
1/2 Baths
4,000 Sq. Ft.
$106 / Sq. Ft.
4,000
Sq. Ft.
$106
per Sq. Ft.

Description

HUGE 2 unit property! Each side of this duplex has 4 bedrooms, each with their own bathroom, plus a powder room on the main floor. 203 has been updated with new flooring & new appliances in the kitchen. The giant master bedroom includes a hot tub and separate shower area. 201 is a mirror image layout with a 17- year tenant, providing you with consistent income. This home presents a great opportunity to use fully as an income property or to live in one side and rent out the other to help pay your...HUGE 2 unit property! Each side of this duplex has 4 bedrooms, each with their own bathroom, plus a powder room on the main floor. 203 has been updated with new flooring & new appliances in the kitchen. The giant master bedroom includes a hot tub and separate shower area. 201 is a mirror image layout with a 17- year tenant, providing you with consistent income. This home presents a great opportunity to use fully as an income property or to live in one side and rent out the other to help pay your mortgage. The current owners have maintained the home very well, ensuring it's a great investment for the next owners. Outside is a large yard with mature trees and large decks on both sides. The huge 5 car garage in between the units gives each dwelling tons of privacy. See attached documents for list of updates. As-Is condition.
  1. Listed by Jennifer Daring • Coldwell Banker Realty
  2. Listed by Rebecca Nelson • Coldwell Banker Realty

Property Details for 201 East Madison Street

Area
Malta
Township
Malta
Ownership
Fee Simple
Num Of Garage Spaces
5.0
Num Of Parking Spaces
5.0
Parking Included in Price
Yes
Heat/Fuel
Natural Gas
LISTING UPDATED: 12/02/2024 02:28 AM

Property Details for 201 East Madison Street

StatusNew
MLS #12218933
Days on Market4
Taxes$9,787 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / Duplex Side By Side
Year Built1994
Lot Size0.32 AC / 13,939 SF
CountyDeKalb County

Building Information for 201 East Madison Street

Stories-Residences2Year Built1994Building Size-Lot Size0.32 AC / 13,939 SF

Property Information for 201 East Madison Street

General Information
School Information
  • Elementary School District: 428
  • Elementary School: Cortland Elementary School
  • High School District: 428
  • Middle Or Junior School District: 428
Addtl Parking Information
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: true
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
Property Information
Interior Features
  • Num Of Rooms: 14
  • Bedrooms (Below Grade): 0
  • Bath Amenities: Whirlpool
  • Basement Type: Full
  • Bedrooms Possible: 8
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • # Full Baths in Building: 8
  • # Half Baths in Building: 2
  • Num of Baths: 8.2
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Public
Property/Lot Information
  • Exterior Property Features: Deck
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: No
  • Age: 26-30 Years
  • Lot Description: Corner Lot
  • Lot Size: .25-.49 Acre
  • Lot Dimensions: 91 X 156
  • Total # Units in Building: 2.0
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt
  • Foundation Details: Concrete Perimeter
  • General Information: School Bus Service
  • Lot Size Source: County Records
  • 3 Br Un In Bldg: Yes
Property and Assessments
  • Public Document Count: 2
  • Document Date: 2024-12-01T22:23:29
  • Photos Count: 26
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Unit 1
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 5
  • Unit Type Beds Total: 4
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 7/25
Unit 2
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 5
  • Unit Type Beds Total: 4
  • Unit Type Type: Unit 2
  • Lease Expiration Date: NA

Property History for 201 East Madison Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 201 East Madison Street

Taxable ValueLand$10,329Additions$97,719Total$108,048
Tax Record2023$9,787 ($816 / month)
Home Facts
Beds0Lot Size14,196 SqFtStyleSingle Family ResidenceCountyDEKALBAPN07-23-156-014

Schools near 201 East Madison Street

This home is within Dekalb Community Unit School District 428.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Malta Elementary School
PublicK to 5

Huntley Middle School
Public6 to 8

De Kalb High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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201 East Madison Street is a multi-family home for sale in Malta, IL 60150. This property was listed for sale on December 1, 2024 by Coldwell Banker Realty, it's currently listed at $425,000. It has been on the market for a total of 4 days and was last sold on May 26, 2006. This listing's school district is Dekalb Community Unit School District 428. Nearby schools include Malta Elementary School, Huntley Middle School and De Kalb High School. 201 East Madison Street is a 8-bed, 9-bath, 4,000 sqft multi-family home built in 1994.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Realty

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 12/02/2024 02:28 AM. 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.