503 West Main Street

Elmwood, IL 61529

$165,000
Price
Beds
2,764 Sq. Ft.
$60 / Sq. Ft.
2,764
Sq. Ft.
$60
per Sq. Ft.

Description

All units occupied and on month to month leases. Great cash flow. Easy Maintenace.All units occupied and on month to month leases. Great cash flow. Easy Maintenace.
  1. Listed by Lisa Inman • BHHS Central Illinois, REALTORS® • lisa@themovesmartgroup.com
  2. Listed by Donna Jones Craig • BHHS Central Illinois, REALTORS®

Property Details for 503 West Main Street

Parking Total
4.0
Subdivision Name
Wilcox
LISTING UPDATED: 11/12/2024 02:01 PM

Property Details for 503 West Main Street

StatusActive
MLS #PA1254134
Days on Market23
Taxes$4,014 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Residential Income
Year Built-
Lot Size0.25 AC / 10,890 SF
CountyPeoria County

Building Information for 503 West Main Street

Stories-Residences4Year Built-Building Size-Lot Size0.25 AC / 10,890 SF

Property Information for 503 West Main Street

Summary
Location and General Information
  • City: Elmwood
  • County Or Parish: Peoria
  • Directions: Directly on Main St in the middle of town
  • Latitude: 40.778217
  • Longitude: -89.972635
  • MLSArea Minor: PAAR Area
  • Postal Code: 61529
  • State Or Province: IL
Taxes and HOA Information
  • Parcel Number: 11-07-263-007
  • Tax Annual Amount: $4,014
  • Tax Legal Description: CITY/MUNI/TWP:ELMWOOD SUBD:WILCOX CONES ADD SEC/TWN/RNG/MER:SEC 07 TWN 09 RNG 05 WILCOX & CONE'S ADD
  • Tax Year: 2023
School Information
  • High School: Elmwood
Parking
  • Parking Features: Assigned
Property
Lot Information
  • Structure Type: Quadruplex
  • Building Area Total: 2764.0
  • Lot Features: Level
  • Lot Size Dimensions: 66x165
  • Number Of Units Total: 4
  • 100 Year Plain: No
Property and Assessments
  • Documents Available: None Available
  • New Construction: No
  • Year Built: 0
Utilities
  • Number Of Electric Meters: 4
  • Number Of Gas Meters: 4
  • Numberof Water Meters: 4
  • Water Sewer Expense: $130
  • Water Source: Public Sewer, Public
Interior and Exterior Features
Exterior Features
  • Roof: Shingle
  • Construction Materials: Aluminum Siding
Interior Features
  • Basement: Full
  • Heating: Hot Water, Gas Water Heater
  • Laundry Features: None
  • Number Of Central Air Units: 4
  • Number Of Heating Units: 4
  • Number Of Water Heaters: 4
  • Operating Recording Device: None
Multi Family
Income & Expenses
  • Electric Expense: $86
  • Gross Income: $0
  • Insurance Expense: $3,000
  • Maintenance Expense: $0
  • Manager Expense: $0
  • Net Operating Income: $-7,410
  • Operating Expense: $3,396
  • Advertising Expense: 0
  • Gas Expense: 90
  • Misc Annual Income: 0
  • Trash Expense: $90
Unit 1
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 1
  • Number Uncovered: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
Unit 2
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 1
  • Number Uncovered: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
Unit 3
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 1
  • Number Uncovered: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 3
Unit 4
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 1
  • Number Uncovered: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 4

Property History for 503 West Main 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 503 West Main Street

Taxable ValueLand$6,670Additions$37,020Total$43,690
Tax Record2023$4,014 ($334 / month)
Home Facts
StyleMiscellaneous CommercialCountyPEORIAAPN11-07-263-007

Schools near 503 West Main Street

This home is within Elmwood Community Unit School District 322.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Elmwood Elementary School
PublicPK to 6

Elmwood Junior High School
Public7 to 8

Elmwood 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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

503 West Main Street is a multi-family home for sale in Elmwood, IL 61529. This property was listed for sale on October 29, 2024 by BHHS Central Illinois, REALTORS®, it's currently listed at $165,000. It has been on the market for a total of 23 days and was last sold on February 1, 2008. This listing's school district is Elmwood Community Unit School District 322. Nearby schools include Elmwood Elementary School, Elmwood Junior High School and Elmwood High School. 503 West Main Street is a 0-bed, 0-bath, 2,764 sqft multi-family home.

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 BHHS Central Illinois, REALTORS®

Based on information from one of the following Multiple Listing Services: RMLS Alliance. 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 RMLS Alliance 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.