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201 Madison Street

Malta, IL 60150

8 beds
10 baths
– sqft
13,939 sqft lot
1994 build
– on site

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.

Listing courtesy of MRED / Coldwell Banker Realty as distributed by MLS GRID

Last checked: Checking… • Last updated Dec 12, 2024 •

MLS# 12218933 —

The Building

Year Built:

1994
Rebuilt:

No
New Construction:

false
Roof:

Asphalt
Basement:

Full
Foundation Details:

Concrete Perimeter
Exterior Features:

Deck

Interior

Rooms Total:

14

Location

Directions:

South on 2nd street, east on Madison. Corner of Madison and 2nd.
Location:

23591

The Property

Parcel Number:

0723156014
Property Type:

Residential Income
Location:

A
Lot Features:

Corner Lot
Lot Size Dimensions:

91 X 156
Lot Size Acres:

0.32
Lot Size Source:

County Records
Waterfront:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Annual Amount:

9787

Beds

Bedrooms Total:

8
Bedrooms Possible:

8

Baths

Baths:

10
Full Baths:

8
Half Baths:

2

The Listing

Special Listing Conditions:

None

Heating & Cooling

Heating:

Natural Gas

Utilities

Sewer:

Public Sewer
Water Source:

Public

Schools

Elementary School:

Cortland Elementary School
Elementary School District:

428
Middle Or Junior School District:

428
High School District:

428

Parking

Parking Total:

5
Garage Type:

Attached
Garage Spaces:

5
Garage Onsite:

Yes
Garage Ownership:

Owned

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price	% Change
12/1/24 Dec 1, 2024	Listed / Active	MRED	$425,000

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This multifamily located in Malta, IL 60150 is currently for sale for $425,000. 201 Madison Street is a – square foot multifamily with 8 beds and 10 baths that has been on Estately for 22 days. This multifamily is in the attendance area of Malta Elementary School.

Listing courtesy of MRED, Coldwell Banker Realty, and Jennifer Daring as distributed by MLS GRID.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Signal Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2024 Midwest Real Estate Data LLC
Information deemed reliable but not guaranteed by MLS GRID. Use of MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to MLS GRID as of Dec 12, 2024, 03:38 pm. 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.