406 N 3rd Street
Malta, IL 60150
- 5 beds
- 3 baths
- – sqft
- ~1/2 acre lot
- – on site
Check out this prime 3-unit investment in Malta that offers an excellent opportunity for steady rental income! Situated on a spacious double lot under one PIN number, the building features separate entrances, utilities, and ample living space for each tenant. Recent updates to the property include a new roof and gutters (2019), newer carpet in Unit 3 (2022), updated windows, electrical service, and two new water heaters, as well as a new fridge, front door, and foundation repairs. In 2024, additional improvements were made with the replacement of the front stairs and the installation of new soffit and fascia. The property also offers plenty of off-street parking, a fenced in area for dogs, & a large backyard with plenty of privacy! This property is conveniently located near DeKalb & Northern Illinois University, making it ideal for student or faculty housing. With easy access to Route 38 and I-88, residents can quickly reach surrounding areas like Sycamore and Cortland. Additionally, it's close to the Shabbona Lake State Park, schools, healthcare centers, and has everything you need with a touch of country living! Schedule a showing today!
Last checked:
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Last updated Jan 22, 2025
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MLS# 12273690 —
The Building
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Rebuilt:No
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New Construction:false
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Roof:Asphalt
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Basement:Partial
Interior
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Rooms Total:11
Location
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Directions:Rt38 to North 2nd, East on Jackson, South on 3rd on Block
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Location:87410
The Property
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Parcel Number:0723108005
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Property Type:Residential Income
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Lot Size Dimensions:132X66X33X66X165X132
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Lot Size Acres:0.45
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Zoning:OTHER
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Waterfront:false
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Additional Parcels:false
Listing Agent
- Contact info:
- Agent phone:
- (630) 779-3963
- Office phone:
- (630) 779-3963
Taxes
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Tax Year:2023
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Tax Annual Amount:3087
Beds
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Bedrooms Total:5
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Bedrooms Possible:5
Baths
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Baths:3
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Full Baths:3
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Heating:Natural Gas
Utilities
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Sewer:Public Sewer
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Water Source:Public
Schools
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Elementary School District:428
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Middle Or Junior School District:428
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High School District:428
Parking
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Parking Total:4
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Parking Onsite:Yes
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Parking Ownership:Owned
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
1/21/25
Jan 21, 2025
|
Listed / Active | MRED | $219,900 | 185.6% (34.0% / YR) |
|
8/5/19
Aug 5, 2019
|
MRED | $77,000 |
