Discover a rare opportunity designed for flexibility, comfort, and possibility. Fully renovated in 2025, this thoughtfully updated property offers an ideal setup for a mother-in-law suite, multigenerational living, an older child wanting their own space, or an owner-occupied home with rental income potential. The main two-story living space offers comfortable everyday living with three bedrooms, a bright living room, informal dining area, kitchen, and a beautifully updated full bathroom upstairs. The basement adds even more living space with a welcoming family room, additional bathroom, and laundry—perfect for movie nights or hobbies. A separate main-level side unit provides its own sense of independence while remaining connected to the property. This flexible space features a bedroom, living room combo, den or office area, kitchen, bathroom, and its own laundry, making it ideal for extended family, guests, a private mother-in-law suite, or potential rental income. Nearly every major component has been updated in 2025, including new electrical, PEX plumbing, HVAC, shingles and gutters, landscaping, a newly designed front porch area, brand-new interior finishes, and new appliances in both units. Outside, you'll find a backyard shed for extra storage and ample rear parking. Whether you're looking to bring family together while maintaining privacy or take advantage of built-in income potential, this versatile property offers a rare blend of flexible living options!
Sold for $250,000
$250,000
408 N 3rd St, Dunlap, IL 61525
4beds
1,898sqft
Single Family Residence, Residential
Built in 1941
4,356 Square Feet Lot
$251,000 Zestimate®
$132/sqft
$2,466 Estimated rent
Home value
$251,000
$231,000 - $269,000
$2,466/mo
Zestimate® history
Owner options
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$2,466/mo
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$1,929/mo
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$1,929/mo
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List your homeWhat's special
Brand-new interior finishesInformal dining areaMain two-story living spaceSeparate main-level side unitThree bedroomsShingles and guttersAmple rear parking
Zillow last checked:
Listing updated:
Listed by:
Amanda Allsup Mobile:309-648-8187,
RE/MAX Traders Unlimited
Bought with:
Nancy Gregg, 475.170425
eXp Realty
Source: RMLS Alliance as distributed by MLS GRID,MLS#: PA1264664
Originating MLS: Peoria Area Association of Realtors
Originating MLS: Peoria Area Association of Realtors
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Bedroom 1
- Level: Main
- Dimensions: 13ft 0in x 11ft 0in
Bedroom 2
- Level: Upper
- Dimensions: 11ft 0in x 10ft 0in
Bedroom 3
- Level: Upper
- Dimensions: 13ft 0in x 10ft 0in
Bedroom 4
- Level: Upper
- Dimensions: 11ft 0in x 10ft 0in
Other
- Level: Main
- Dimensions: 11ft 0in x 11ft 0in
Other
- Level: Main
- Dimensions: 14ft 2in x 8ft 6in
Other
- Area: 220
Additional level
- Area: 0
Additional room
- Description: Back Unit Kitchen
- Level: Main
- Dimensions: 9ft 8in x 6ft 11in
Additional room 2
- Description: Back Unit Living/Bedroom
- Level: Main
- Dimensions: 23ft 0in x 10ft 7in
Kitchen
- Level: Main
- Dimensions: 11ft 0in x 11ft 0in
Laundry
- Level: Basement
Living room
- Level: Main
- Dimensions: 18ft 0in x 15ft 0in
Main level
- Area: 1040
Recreation room
- Level: Basement
- Dimensions: 15ft 8in x 9ft 7in
Upper level
- Area: 638
Heating
- Electric, Forced Air
Cooling
- Central Air
Appliances
- Included: Dryer, Range Hood, Microwave, Range, Refrigerator, Washer, Gas Water Heater
Features
- Ceiling Fan(s)
- Basement: Crawl Space,Finished,Partial
Interior area
- Total structure area: 1,678
- Total interior livable area: 1,898 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Features
- Levels: Two
Lot
- Size: 4,356 sqft
- Dimensions: 50 x 150
- Features: Level
Details
- Additional structures: Shed(s)
- Parcel number: 0811156003
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence, Residential
Materials
- Vinyl Siding
- Foundation: Block
- Roof: Shingle
Condition
- New construction: No
- Year built: 1941
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & neighborhood
Location
- Region: Dunlap
- Subdivision: Alva
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 5/22/2026 | Sold | $250,000-6%$132/sqft |
Source:  RMLS Alliance as distributed by MLS GRID #PA1264664 Report a problem | ||
| 4/17/2026 | Pending sale | $266,000$140/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1264664 Report a problem | ||
| 4/1/2026 | Price change | $266,000-1.5%$140/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1264664 Report a problem | ||
| 3/21/2026 | Price change | $270,000-1.8%$142/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1264664 Report a problem | ||
| 3/7/2026 | Listed for sale | $275,000-8.3%$145/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1264664 Report a problem | ||
| 1/13/2026 | Listing removed | $300,000$158/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1261536 Report a problem | ||
| 11/20/2025 | Pending sale | $300,000$158/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1261536 Report a problem | ||
| 10/10/2025 | Listed for sale | $300,000$158/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1261536 Report a problem | ||
| 10/10/2025 | Listing removed | $300,000$158/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1261215 Report a problem | ||
| 9/29/2025 | Listed for sale | $300,000+275%$158/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1261215 Report a problem | ||
| 1/2/2025 | Sold | $80,000$42/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1255267 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 1/30/2018 | Listing removed | $1,050$1/sqft |
Source: Owner Report a problem | ||
| 12/3/2017 | Listed for rent | $1,050$1/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $2,556 +6.5% | $41,590 +6% |
| 2023 | $2,399 +9% | $39,240 +8.3% |
| 2022 | $2,200 +4.9% | $36,220 +5% |
| 2021 | $2,098 +2.6% | $34,490 +3% |
| 2020 | $2,044 -0.5% | $33,490 -2% |
| 2019 | $2,054 -0.9% | $34,170 -1.8% |
| 2018 | $2,072 -5.7% | $34,800 -4% |
| 2017 | $2,198 0% | $36,250 |
| 2016 | $2,198 +4.2% | $36,250 +4% |
| 2015 | $2,110 +0.1% | $34,860 -1.5% |
| 2014 | $2,107 +2.5% | $35,380 +2% |
| 2013 | $2,056 +3.7% | $34,690 -0.5% |
| 2011 | $1,983 +0.1% | $34,860 -0.3% |
| 2010 | $1,981 +2.1% | $34,970 +0.7% |
| 2009 | $1,940 +3.2% | $34,730 +3.3% |
| 2008 | $1,879 -3.2% | $33,620 +0.5% |
| 2007 | $1,941 +5.5% | $33,450 +3.9% |
| 2006 | $1,841 +3.5% | $32,200 +2.6% |
| 2005 | $1,779 +20.5% | $31,380 +22.3% |
| 1998 | $1,476 | $25,660 |
Find assessor info on the county website
Neighborhood: 61525
Nearby schools
GreatSchools rating
- 9/10Dunlap Grade SchoolGrades: K-5Distance: 0.4 mi
- 8/10Dunlap Valley Middle SchoolGrades: 6-8Distance: 1.1 mi
- 7/10Dunlap High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- High: Dunlap
Source: RMLS Alliance 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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- Illinois
- Peoria County
- Dunlap
- 61525
- 408 N 3rd St
Nearby cities
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