BEDS0
BATHS
MLS#12619780
STATUSNew
PROPERTY TYPEMulti Unit - Multiple
Property Description
A rare opportunity to own a piece of local history! Why settle for a standard apartment complex when you can own a local landmark? This stunning schoolhouse has been completely reimagined, blending early 20th-century architecture with modern residential comforts. Currently, the building features five units. These aren't your typical rentals; they boast the cool factor that modern tenants crave. Massive Windows: Flooding rooms with natural light. Original Details: high ceilings, exposed brick, and wide hallways. These units are ready to lease, but the true upside lies in the unfinished wing. With thousands of square feet of additional raw space, the layout easily accommodates 6 to 8 more units, or even an event space in the old gym. The possibilities are endless! You can nearly double your door count without the cost of a ground-up build, not to mention the property is built to a standard of durability rarely seen today. Opportunities of this scale and character are rare. Whether you are looking to expand your portfolio or create a homestead, this schoolhouse is ready for its next chapter.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Heat Pump
Lot Size: 331 x 325
Stories: 2.0
Taxes: $751
Year Built: 1909
Feature Descriptions
Current Use: Multi-Family
Exterior: Brick
HVAC: Heat Pump
Lot Dimensions: 331 x 325
Parcel#: 04002200000501
Tenant Pays: Electricity
Units: 5
Listed By / Shown By
Listed By
Agency Name: KELLER WILLIAMS-TREC
Agency Phone: 217-356-6100
Shown By
Agent Name: Tracy Eastman
Agent Phone: (815) 979-4926
Agency Title: Dickerson & Nieman Realtors
Estimate Your Payment
Estimated Payment
$ 855.51 per month $701.05 Principal & Interest $62.58 Property Tax $91.88 Homeowner's InsuranceChange Payment Information
Tracy Eastman
Cell: (815) 979-4926
Email Me
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325 W South 3rd Street | MLS# 12619780
This multi-family property located at 325 W South 3rd Street, De Land, IL 61839 is currently listed for sale with an asking price of $315,000. Search De Land real estate on tracyeastman.dickersonnieman.com today.