Former CBRF, Community based Residential facility, 2 units 8 rooms each. 16 total rooms large living rooms, Kitchens and dining rooms, new carpet front building, 2 full baths in each building, plus Apt. 1 and 6 each have a half bath, private office in each building, all electric heat, window air, sprinkler system in place, no basements, laundry, pantry's and walk out patios. Black top parking out-front on a large lot, 2 car detached garage. Current tenant is relocating. Currently no income. Set your own rents. Great extra income property. many different uses, nursing home, apt. building, efficiency rental. Located in a great historical city of Montello Wi. located near the fox river system. Quiet neighborhood. great investment! Built in 1997. Brick and vinyl exterior. Easy to maintain.
Active
$575,000
497 S Lake St, Montello, WI 53949
16beds
14,000sqft
Apartment
Built in ----
-- sqft lot
$-- Zestimate®
$41/sqft
$-- HOA
What's special
- --
- on Zillow
- 81
- views
- 2
- saves
Zillow last checked:
Listing updated:
Listed by:
Terry Dixon,
United Country Midwest Lifesty
Source: SCWMLS,MLS#: 1999848
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 16
- Bathrooms: 8
- Full bathrooms: 4
- 1/2 bathrooms: 4
Heating
- Electric, Radiant, Individual Heat Control (Unit 1), Individual Heat Control (Unit 2)
Cooling
- Air Conditioning (Unit 2)
Appliances
- Included: Range/Oven (Unit 1), Refrigerator (Unit 1), Washer/Dryer (Unit 1), Range/Oven (Unit 2), Refrigerator (Unit 2)
- Laundry: Common Area, In Unit (Unit 2)
Features
- Internet -Fiber Available, Family/Rec Room (Unit 1), Dining Room (Unit 1), Den/Office (Unit 1), Pantry ((Unit 1), Family/Rec Room (Unit 2), Dining Room (Unit 2), Den/Office (Unit 2), Pantry ((Unit 2)
- Windows: Low Emissivity Windows
- Basement: None
Interior area
- Total structure area: 14,000
- Total interior livable area: 14,000 sqft
Property
Parking
- Total spaces: 25
- Parking features: Outside
- Details: Outside
Features
- Levels: One
- Patio & porch: Balcony/Patio (Unit 1), Balcony/Patio (Unit 2)
- Fencing: Fenced
Lot
- Size: 1.38 Acres
Details
- Parcel number: 251000670000
- Zoning: B3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment
Materials
- Vinyl Siding, Brick
Utilities & green energy
- Water: Public
- Utilities for property: Separate elec meters, Separate water meters
Community & HOA
Location
- Region: Montello
Financial & listing details
- Price per square foot: $41/sqft
- Tax assessed value: $494,800
- Annual tax amount: $12,363
- Date on market: 5/15/2025
- Exclusions: Personal property
- Total actual rent: 12
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/25/2026 | Price change | $575,000-1.7%$41/sqft |
Source: SCWMLS #1999848 Report a problem | ||
| 3/27/2026 | Listed for sale | $585,000-1.7%$42/sqft |
Source: | ||
| 9/10/2025 | Price change | $595,000-14.9%$43/sqft |
Source: | ||
| 5/15/2025 | Listed for sale | $699,000$50/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 53949
Nearby schools
Schools provided by the listing agent
- Middle: Montello
- High: Montello
- District: Montello
Source: SCWMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

