Great opportunity to get a piece of the Fox Valley rental market. This brick building is turn key, and ready for a new owner. It features 2, two-bedroom apartments, garage and driveway parking. Unit 494 has a 1 car attached garage and Unit 496 has an attached 2 car garage. The roof is 12 years old. Both units rent very easy and 496 tenant has been in the unit for the last 5 years. Tenants are responsible for gas and electric plus cable if wanted. Building is on city water and owner pays. Home is mostly brick with some stucco. 496 unit has an enclosed deck with access from patio door in kitchen. 496 also has a fireplace in the basement. Unit 494 has a deck with access from patio door in kitchen. Property backs to pond. This is a great rental property in downtown Burlington. Property Being Sold "AS IS". Tenant in 494 is month to month. Tenant in 496 will be vacating 9/30/24.
Closed
$394,000
494-496 South St, Burlington, IL 60109
4beds
--sqft
Multi Family
Built in 1978
-- sqft lot
$469,600 Zestimate®
$--/sqft
$1,881 Estimated rent
Home value
$469,600
$441,000 - $498,000
$1,881/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
Valerie Walker 708-557-9396,
Keller Williams Inspire - Geneva,
Paul Tomaszewski, ABR 708-205-7953,
Keller Williams Inspire - Geneva
Bought with:
Irma Sifuentes
Executive Realty Group LLC
Source: MRED as distributed by MLS GRID,MLS#: 12139245
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
Rooms
- Room types: Enclosed Porch
Heating
- Natural Gas, Electric
Features
- Basement: Finished,Exterior Entry,Egress Window,Full
Property
Parking
- Total spaces: 3
- Parking features: Garage Door Opener, On Site, Garage Owned, Attached, Garage
- Attached garage spaces: 3
- Has uncovered spaces: Yes
Features
- Patio & porch: Deck
Lot
- Size: 0.5 Acres
- Dimensions: 132.2'X164.7'X132.7'X165'
Details
- Parcel number: 0409400006
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick, Stucco
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1978
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & HOA
Location
- Region: Burlington
Financial & listing details
- Tax assessed value: $414,798
- Annual tax amount: $11,836
- Date on market: 8/19/2024
- Listing terms: Cash
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 10/1/2024 | Sold | $394,000-5.7% |
Source:  MRED as distributed by MLS GRID #12139245 Report a problem | ||
| 8/28/2024 | Contingent | $417,900 |
Source: MRED as distributed by MLS GRID #12139245 Report a problem | ||
| 8/19/2024 | Listed for sale | $417,900+108.9% |
Source: MRED as distributed by MLS GRID #12139245 Report a problem | ||
| 7/30/2014 | Sold | $200,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $12,097 +2.2% | $138,266 +8.8% |
| 2023 | $11,836 +6.5% | $127,106 +9.2% |
| 2022 | $11,115 -4.9% | $116,387 -2.5% |
| 2021 | $11,686 +2.1% | $119,347 +3.9% |
| 2020 | $11,448 +2.1% | $114,868 +3.5% |
| 2019 | $11,218 +4.6% | $111,037 +5.5% |
| 2018 | $10,727 +3% | $105,208 +4.8% |
| 2017 | $10,412 +12.2% | $100,437 +20% |
| 2016 | $9,282 | $83,723 +2.8% |
| 2015 | -- | $81,435 +11.5% |
| 2014 | -- | $73,023 -3.8% |
| 2013 | -- | $75,919 -4.1% |
| 2012 | -- | $79,153 -4.9% |
| 2011 | -- | $83,229 -9.5% |
| 2010 | -- | $92,006 -12.6% |
| 2009 | -- | $105,267 -2.6% |
| 2008 | -- | $108,044 +3.3% |
| 2007 | -- | $104,572 +3.1% |
| 2006 | -- | $101,466 +9.7% |
| 2005 | -- | $92,526 +7% |
| 2004 | -- | $86,473 +8.4% |
| 2003 | -- | $79,750 +6.6% |
| 2002 | -- | $74,832 +6.9% |
| 2001 | -- | $70,013 +2.6% |
| 2000 | -- | $68,270 |
Find assessor info on the county website
Neighborhood: 60109
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Nearby schools
GreatSchools rating
- 9/10Howard B Thomas Grade SchoolGrades: PK-5Distance: 3.9 mi
- 10/10Central Middle SchoolGrades: 8Distance: 4 mi
- 6/10Central High SchoolGrades: 9-12Distance: 3.8 mi
Schools provided by the listing agent
- District: 301
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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Estimated market value
$469,600
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Estimated market value
$469,600
- Illinois
- Kane County
- Burlington
- 60109
- 494-496 South St
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