201 Madison Street Active

Malta,IL 60150

$ 425000

8 Beds

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12218933

Bedrooms 8

Year Built 1994

Annual Tax Amount $9,787

Tax Year 2023

Lot Size 0.320 Acres

Lot Dimensions 91 X 156

Property 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 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.

Location

State IL

County Dekalb

Rooms

Basement Full

Interior

Heating Natural Gas

Fireplace N

Exterior

Exterior Feature Deck

Parking Features Attached

Garage Spaces 5.0

View Y/N true

Roof Type Asphalt

Building

Lot Description Corner Lot

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

New Construction false

Schools

Elementary Schools Cortland Elementary School

School District 428,428,428

Others

Ownership Fee Simple

Special Listing Condition None

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