4-unit, 2-story apartment building located in the heart of Elmwood just one block off the square, offering a prime location with strong rental appeal. This fully occupied property provides immediate income and features a solid layout with all units currently leased. Recent updates include a newer furnace and two water heaters, helping reduce future capital expenses. Situated in a convenient, walkable area close to local shops, dining, and amenities, this property presents a great opportunity for investors looking to add to their portfolio or for those seeking a value-add property with upside potential.
Sold for $135,000
$135,000
503 W Main St, Elmwood, IL 61529
6beds
3baths
2,764sqft
Multi Family
Built in ----
-- sqft lot
$136,200 Zestimate®
$49/sqft
$1,259 Estimated rent
Home value
$136,200
$120,000 - $154,000
$1,259/mo
Zestimate® history
Owner options
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$1,066/mo
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List your homeWhat's special
Newer furnaceSolid layoutTwo water heaters
Zillow last checked:
Listing updated:
Listed by:
Lisa Inman 309-472-4627,
Move Smart Realty
Bought with:
Jennifer Miller, 471.022012
The Royal Realty Company Illin
Source: RMLS Alliance as distributed by MLS GRID,MLS#: PA1265170
Originating MLS: Peoria Area Association of Realtors
Originating MLS: Peoria Area Association of Realtors
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
Heating
- Hot Water
Appliances
- Included: Gas Water Heater, Range, Water Heater
- Laundry: None
Features
- Basement: Full
Interior area
- Total structure area: 2,764
- Total interior livable area: 2,764 sqft
Property
Parking
- Total spaces: 6
- Parking features: Assigned
Lot
- Size: 10,362 sqft
- Dimensions: 66 x 157
- Features: Level
Details
- Parcel number: 1107263007
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Aluminum Siding
- Roof: Shingle
Condition
- New construction: No
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Elmwood
- Subdivision: None
Price history
| Date | Event | Price |
|---|---|---|
| 5/1/2026 | Sold | $135,000-8.8%$49/sqft |
Source:  RMLS Alliance as distributed by MLS GRID #PA1265170 Report a problem | ||
| 4/3/2026 | Pending sale | $148,000$54/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1265170 Report a problem | ||
| 3/27/2026 | Listed for sale | $148,000-10.3%$54/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1265170 Report a problem | ||
| 3/1/2025 | Listing removed | $165,000$60/sqft |
Source: BHHS broker feed #PA1254134 Report a problem | ||
| 10/25/2024 | Listed for sale | $165,000$60/sqft |
Source: RMLS Alliance as distributed by MLS GRID #PA1254134 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 61529
Nearby schools
GreatSchools rating
- 8/10Elmwood Elementary SchoolGrades: PK-6Distance: 0.4 mi
- 5/10Elmwood Junior High SchoolGrades: 7-8Distance: 0.3 mi
- 3/10Elmwood High SchoolGrades: 9-12Distance: 0.3 mi
Schools provided by the listing agent
- High: Elmwood
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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$136,200
2% more
+$2,724
With Zillow Showcase(estimated)
$138,924
- Illinois
- Peoria County
- Elmwood
- 61529
- 503 W Main St
Nearby cities
Nearby zip codes
Other Elmwood Topics
