Pending

Listed by: Berkshire Hathaway HomeServices Select Properties • Sandie F LaMantia • 618-978-2384

$260,000

1051 Washington Ave, Madison, IL 62060

1beds

1baths

2,280sqft

$1,919/mo

Get pre-qualified

Multi Family

Built in 1962

-- sqft lot

$-- Zestimate^®

$114/sqft

$-- HOA

What's special

New bathroom vanitiesUpdated lighting

Turnkey investment property featuring four 1 bed/1 bath units. Most units have been updated with LVP flooring throughout, stainless steel appliances in the kitchen, updated lighting, new tub/shower surround, and new bathroom vanities. Roof and AC were replaced in the last two years. Windows and exterior doors were replaced in 2025, new attic insulation in 2025, crawlspace vapor barrier and rim joist insulation added in 2025—great opportunity to add to or start a rental portfolio. Can be purchased on its own or along with the 3 bed/1 bath single family home next door, 1047 Washington Ave. MLS#26056103 Pre-approved buyers only; 48-hour notice required for all showings. Seller will be present for all showings. Showings are dependent on tenant availability.

60 days
20
1

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 1

Heating

Forced Air

Cooling

Central Air

Appliances

Included: Stainless Steel Appliance(s), Microwave, Free-Standing Electric Range, Refrigerator
Laundry: None

Features

Basement: Crawl Space
Has fireplace: No

Interior area

Total structure area: 2,280
Total interior livable area: 2,280 sqft
Finished area above ground: 2,280
Finished area below ground: 0

Property

Parking

Parking features: Off Street, On Street
Has uncovered spaces: Yes

Features

Levels: One

Lot

Size: 5,418 Square Feet

Details

Parcel number: 212192507205014
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Ranch
Property subtype: Multi Family

Materials

Brick
Roof: Architectural Shingle

Condition

Year built: 1962

Utilities & green energy

Electric: Ameren
Water: Public
Utilities for property: Electricity Connected, Sewer Connected, Water Connected

Community & HOA

Community

Subdivision: Amended Sub

HOA

Has HOA: No

Location

Region: Madison

Financial & listing details

Price per square foot: $114/sqft
Tax assessed value: $45,660
Annual tax amount: $1,763
Date on market: 9/4/2026
Cumulative days on market: 60 days
Listing terms: Cash,Conventional
Ownership: Private
Electric utility on property: Yes

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
9/19/2026	Pending sale	$260,000$114/sqft
Source: MARIS #26055121 Report a problem
9/4/2026	Listed for sale	$260,000+225.4%$114/sqft
Source: MARIS #26055121 Report a problem
10/19/2013	Listing removed	$79,900$35/sqft
Source: CENTURY 21 Bailey & Co. #4111311 Report a problem
4/4/2013	Listed for sale	$79,900$35/sqft
Source: CENTURY 21 Bailey & Co. #4111311 Report a problem
3/2/2013	Listing removed	$79,900$35/sqft
Source: CENTURY 21 Bailey & Co. #4111311 Report a problem
10/24/2012	Price change	$79,900-5.9%$35/sqft
Source: CENTURY 21 Bailey & Co. #4111311 Report a problem
10/2/2012	Price change	$84,900-5.6%$37/sqft
Source: CENTURY 21 Bailey & Co. #4111311 Report a problem
9/5/2012	Listed for sale	$89,900$39/sqft
Source: Besserman Realty Inc. dba Century 21 Bailey and Co. #4111311 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,763 +4.3%	$15,220 +10.6%
2024	$1,690 +7.3%	$13,760 +14.2%
2023	$1,575 +6.2%	$12,050 +13.1%
2022	$1,483 +1.7%	$10,650 +6.2%
2021	$1,458 -0.3%	$10,030 +2.2%
2020	$1,463 -0.9%	$9,810 -1.8%
2019	$1,475	$9,990 -15.1%
2018	--	$11,760
2017	$1,582 +5.4%	$11,760 -1%
2016	$1,501	$11,880 +3.1%
2015	$1,501	$11,520
2014	$1,501	$11,520 -1.1%
2013	$1,501	$11,650 -2.9%
2012	--	$12,000 -4.4%
2011	--	$12,550 -1.4%
2010	--	$12,730 -1.2%
2009	--	$12,880 +0.5%
2007	--	$12,810 +3.9%
2005	--	$12,330 -29.8%
2004	$1,039 +9%	$17,560 +93.8%
2003	$953 +10.7%	$9,060 +10.2%
2002	$861	$8,220 +12.3%
2001	--	$7,320 +16.4%
2000	$1,037	$6,290