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  • $182,500

    404 E Main St, De Soto, IL 62924

    8beds
    --sqft
    Multi Family
    Built in 1985
    -- sqft lot
    $173,200 Zestimate®
    $--/sqft
    $1,084 Estimated rent

    Home value

    $173,200

    $165,000 - $182,000

    $1,084/mo

    Zestimate® history
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    What's special

    Off street parking
    Turnkey 4 Unit Investment Property. This well-maintained and attractive Fourplex in DeSoto IL, IL offers a rare opportunity to acquire a fully occupied, income-producing property with strong rental appeal. Each unit features 2 bedrooms and 1 full bath, complemented by a spacious living room, large kitchen and dining area, and convenient in-unit washer and dryer hookups. Tenants also benefit from off street parking, adding to the property's overall desirability. Recent updates include a brand new roof installed in 2026 and new flooring in 3 of the 4 units, helping reduce future capital expenses while enhancing the property's condition and appeal. With stable occupancy and thoughtful updates already in place, this is a true turnkey investment - ideal for investors seeking dependable cash flow and long term value. Schedule your showing today.

    Zillow last checked:

    Listing updated:

    Listed by:

    Colleen Hoffmann 618-967-9065,

    C21 HOUSE OF REALTY, INC. C

    Bought with:

    Daniel Harshbarger

    KELLER WILLIAMS PINNACLE

    Source: MRED as distributed by MLS GRID,MLS#: 12631799MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Electric, Baseboard
    Features
    • Basement: Crawl Space

    Property

    Parking
    • Total spaces: 8
    • Parking features: Unassigned, Off Street, Additional Parking, Yes, Owned
    Features
    • Patio & porch: Porch
    Lot
    • Size: 8,712 Square Feet
    • Dimensions: 66x132
    • Features: Corner Lot, Level
    Details
    • Parcel number: 1021113013
    • Zoning: MULTI
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Ranch
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding, Brick
    • Foundation: Block
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1985

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: De Soto

    Financial & listing details

    • Tax assessed value: $151,782
    • Annual tax amount: $4,499
    • Date on market: 8/25/2026
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    11/5/2026Sold$182,500-0.8%
    Source: MRED as distributed by MLS GRID #12631799 Report a problem
    9/18/2026Contingent$184,000
    Source: MRED as distributed by MLS GRID #12631799 Report a problem
    8/25/2026Listed for sale$184,000+2.8%
    Source: MRED as distributed by MLS GRID #12631799 Report a problem
    5/18/2026Listing removed$179,000
    Source: MRED as distributed by MLS GRID #12631799 Report a problem
    5/11/2026Contingent$179,000
    Source: MRED as distributed by MLS GRID #12631799 Report a problem
    5/6/2026Listed for sale$179,000+72.1%
    Source: MRED as distributed by MLS GRID #12631799 Report a problem
    3/14/2022Sold$104,000-5.5%
    Source: Public Record Report a problem
    3/24/2021Listing removed--
    Source: Owner Report a problem
    1/18/2020Listing removed$585
    Source: Owner Report a problem
    12/18/2019Listed for rent$585
    Source: Owner Report a problem
    5/9/2019Listing removed$585
    Source: Owner Report a problem
    4/22/2019Listed for rent$585
    Source: Owner Report a problem
    1/15/2019Listing removed$585
    Source: Owner Report a problem
    1/2/2019Price change$585+17%
    Source: Owner Report a problem
    12/14/2018Listed for rent$500
    Source: Owner Report a problem
    1/31/2014Sold$110,000-15.3%
    Source: MRED as distributed by MLS GRID #EB322744 Report a problem
    11/16/2013Listed for sale$129,900+1108.4%
    Source: RE/MAX REALTY PROFESSIONALS #322744 Report a problem
    9/14/2007Sold$10,750-93.3%
    Source: Public Record Report a problem
    3/1/2007Sold$160,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,751 +5.6%$50,594 +12.7%
    2024$4,500 +5.7%$44,873 +12.4%
    2023$4,258 +4.2%$39,917 +10.3%
    2022$4,086 -2.2%$36,180
    2021$4,177 +0.5%$36,180 -1.7%
    2020$4,155 +2%$36,821 +1.8%
    2019$4,074 +2.3%$36,180 +0.7%
    2017$3,982 $35,933
    2016-- $35,933
    2015-- $35,933
    2014-- $35,933 -13.1%
    2012-- $41,336
    2011-- $41,336 -1%
    2010-- $41,754
    2009$3,819 $41,754
    Find assessor info on the county website

    Neighborhood: 62924

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • High: Carbondale Community High School
    • District: 86

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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