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

$260,000

1724 Kennedy Dr, Madison, IL 62060

1beds

1baths

2,190sqft

$1,936/mo

Get pre-qualified

Multi Family

Built in 1972

-- sqft lot

$-- Zestimate^®

$119/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. Pre-approved buyers only; 48-hour notice required for all showings. Seller will be present for all showings. Showings are dependent on tenant availability.

25 days
62
5

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 1

Heating

Forced Air

Cooling

Wall/Window Unit(s)

Appliances

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

Features

Has basement: No
Has fireplace: No

Interior area

Total structure area: 2,190
Total interior livable area: 2,190 sqft
Finished area above ground: 2,190
Finished area below ground: 0

Property

Parking

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

Features

Levels: One

Lot

Size: 7,840 Square Feet

Details

Parcel number: 212192420402001
Special conditions: Standard

Construction

Type & style

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

Materials

Brick
Roof: Architectural Shingle

Condition

Year built: 1972

Utilities & green energy

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

Community & HOA

Community

Subdivision: Second Add To Schermer Sub

HOA

Has HOA: No

Location

Region: Madison

Financial & listing details

Price per square foot: $119/sqft
Tax assessed value: $43,200
Annual tax amount: $1,531
Date on market: 9/4/2026
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
9/4/2026	Listed for sale	$260,000+225.4%$119/sqft
Source: MARIS #26055171 Report a problem
10/18/2013	Listing removed	$79,900+17.5%$36/sqft
Source: Besserman Realty Inc. dba Century 21 Bailey and Co. #4111302 Report a problem
10/15/2013	Sold	$68,000-14.9%$31/sqft
Source: MARIS #4111302 Report a problem
10/24/2012	Price change	$79,900-5.9%$36/sqft
Source: CENTURY 21 Bailey & Co. #4111302 Report a problem
10/2/2012	Price change	$84,900-5.6%$39/sqft
Source: CENTURY 21 Bailey & Co. #4111302 Report a problem
9/5/2012	Listed for sale	$89,900$41/sqft
Source: Besserman Realty Inc. dba Century 21 Bailey and Co. #4111302 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$1,450 +7.5%	$14,400 +14.2%
2023	$1,348 +8.4%	$12,610 +13.1%
2022	$1,244 +3.8%	$11,150 +6.2%
2021	$1,199 -0.7%	$10,500 +2.2%
2020	$1,207 -1.9%	$10,270 -1.8%
2019	$1,230	$10,460 -15%
2018	--	$12,310
2017	$1,343 +6.1%	$12,310 -1%
2016	$1,266	$12,440 +3.2%
2015	$1,266	$12,060
2014	$1,266	$12,060 -1.1%
2013	$1,266	$12,200 -2.9%
2012	--	$12,570 +6.8%
2011	--	$11,770 -1.4%
2010	--	$11,940 -1.2%
2009	--	$12,080 +43.8%
2007	--	$8,400 +4%
2005	--	$8,080 -47.2%
2004	$917 +10.3%	$15,290 +63.2%
2003	$831 +12.1%	$9,370 +10.1%
2002	$741	$8,510 +12.3%
2001	--	$7,580 -30.5%
2000	$825	$10,910