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$ 198,000
Est. payment | /mo
1.44 Acres Lot
$ 198,000
Est. payment | /mo
1.44 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12652490
Year Built 1947
Annual Tax Amount $5,910
Tax Year 2025
Lot Size 1.440 Acres
Lot Dimensions 62726.4
Property Sub-Type Multi Family 5+
Property Description
Investment opportunity with endless potential! This unique multi-family property features a barn-style apartment complex offering 6 available units, plus an additional 4-bedroom, 2-bathroom home currently configured as two separate apartments with an attached garage. Situated on approximately 1.4 acres (to be surveyed and divided from the original 34-acre parcel), this property offers multiple income-producing opportunities in one convenient location. The barn-style apartments offer tons of character and opportunity but will require finishing work and improvements, making this an ideal project for an investor or buyer looking to add value and customize the space to their vision. With several units available and ready for updates, there is significant potential to increase rental income and overall property value. The additional home provides even more flexibility with two apartment-style living spaces, creating multiple streams of rental income all on one property. Whether you're looking to expand your investment portfolio, renovate and rent, or create a unique multi-family setup, this property is packed with potential. Bring your ideas and vision, opportunities like this don't come around often!
Location
State IL
County Clay
Area Louisville
Zoning OTHER
Interior
Cooling Central Air, Window Unit(s)
Fireplace N
Exterior
Roof Type Composition,Metal
Building
Dwelling Type Multi Family 5+
Structure Type Wood,Vinyl Siding,Brick
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Gannon Stork of WILEY REALTY GROUP
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
propertymanagement@legacypropertiesil.com
1350 Remington Rd, Suite B, Schaumburg IL, Other