$260,000

1051 Washington Ave Madison, IL 62060

Madison Area

Estimated payment $1,582/month

Total Views 53
4 Beds
4 Baths
2,280 Sq Ft
$114 Price per Sq Ft

Highlights

  • Ranch Style House
  • Stainless Steel Appliances
  • Forced Air Heating and Cooling System
  • No HOA

About This Home

Turnkey investment property featuring four 1 bed/1 bath units. Most units have been updated with LVP flooring throughout, stainless steel appliances in the kitchen, updated lighting, new tub/shower surround, and new bathroom vanities. Roof and AC were replaced in the last two years. Windows and exterior doors were replaced in 2025, new attic insulation in 2025, crawlspace vapor barrier and rim joist insulation added in 2025—great opportunity to add to or start a rental portfolio.

Can be purchased on its own or along with the 3 bed/1 bath single family home next door, 1047 Washington Ave. MLS#26056103

Pre-approved buyers only; 48-hour notice required for all showings. Seller will be present for all showings. Showings are dependent on tenant availability.

Listing Agent

Sandie LaMantia

Berkshire Hathaway HomeServices Select Properties License #475122831 Listed on: 09/04/2026

Berkshire Hathaway HomeServices Select Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,763

Year Built

  • Built in 1962

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Architectural Shingle Roof

Interior Spaces

  • 2,280 Sq Ft Home
  • Crawl Space

Kitchen

  • Free-Standing Electric Range
  • Microwave
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Parking

  • On-Street Parking
  • Off-Street Parking

Schools

  • Madison Dist 12 Elementary And Middle School
  • Madison High School

Additional Features

  • 5,419 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 21-2-19-25-07-205-014

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Additional Features

  • No Laundry Facilities
  • 4 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,763

Year Built

Built in 1962

Lot Details

5,419 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Year Built: 1962
  • Property Sub-Type: 2-4 Units
  • ResoLaundryFeatures: None
  • Lot Size Acres: 0.1244
  • Co List Office Phone: 618-655-4100
  • MLS Status: Active
  • Subdivision Name: Amended Sub
  • Above Grade Finished Sq Ft: 2280
  • Architectural Style: Ranch
  • Carport Y N: No
  • Unit Levels: One
  • New Construction: No
  • Reso Structure Type: Apartment Building
  • Financial Info Electric: Ameren
  • MIS_PoolYN: 0
  • MIS_UnitCount: 1
  • MIS_AuctionYN: 0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space
  • Appliances: Stainless Steel Appliance(s), Microwave, Free-Standing Electric Range, Refrigerator
  • Basement YN: No
  • Total Bedrooms: 4
  • Fireplace: No

Exterior Features

  • Roof: Architectural Shingle
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Seller Property Disclosure
  • Construction Type: Brick

Garage/Parking

  • Attached Garage: No
  • Attached Garage: No
  • Parking Features: Off Street, On Street

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: MADISON DIST 12
  • Junior High Dist: Madison DIST 12
  • High School: Madison
  • Middle Or Junior School: MADISON DIST 12

Lot Info

  • Lot Size Sq Ft: 5418.86
  • Parcel Number: 21-2-19-25-07-205-014

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 1763

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Number Of Units Leased: 4

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
09/04/2026 09/04/26 For Sale $260,000 -- $114 / Sq Ft
Source: MARIS MLS

Source: MARIS MLS

MLS Number: MIS26055121

MARIS MLS
Your Personal Tour Guide

Ask me questions while you tour the home.