$160,000

115 N Main St Ladd, IL 61329

Estimated payment $1,254/month

Total Views 1,690
-- Bed
-- Bath
3,960 Sq Ft
$40 Price per Sq Ft

About This Home

Discover a rare opportunity to own the well-known Torri's Building, a staple of the community with endless potential. This character-filled property features five total units, including a spacious storefront, one main-level apartment, and three upper-level residential units. Soaring high ceilings run throughout the building, adding to its charm and versatility. Enjoy a private courtyard on the south side, perfect for outdoor gatherings or tenant use. Convenient off-street and ample street parking make access easy for both residents and customers. Whether you're an investor or an owner-occupant, this property offers exceptional mixed-use potential in a great small-town setting.

Listing Agent

Thomas Templeton

Coldwell Banker Today's License #475190082 Listed on: 05/20/2025

Coldwell Banker Today's

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,435

Year Built

  • Built in 1920

Lot Details

  • 6,098 Sq Ft Lot
  • Property is zoned Commercial

Home Design

  • 3,960 Sq Ft Home
  • Mixed Use
  • Shingle Roof
  • Rubber Roof
  • Cedar

Flooring

  • Wood
  • Laminate

Utilities

  • Forced Air Heating and Cooling System
  • Window Unit Cooling System
  • Natural Gas Water Heater

Additional Features

  • Unfinished Basement

Property Details

Property Type

Other

Est. Annual Taxes

$4,435

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Electric: Circuit Breaker
  • Class: COMMERCIAL/INDUSTRIAL
  • Exemptions: None
  • Type: Mixed Use
  • Hold Earnest Money Y N: Yes
  • Designated Managing Broker Y N: No
  • Listing Property Status: Fair Market
  • Assessor Parcel Number: 1810351004
  • Sprinkler Yn: No
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Walls: Other
  • Insulation: Unknown
  • Basement: Unfinished
  • Price Per Sq Ft: 40.4
  • Total Finished Sq Ft: 3960
  • Flooring: Laminate, Wood

Exterior Features

  • Exterior: Aluminum, Cedar
  • Roof: Shingle, Rubber

Utilities

  • Sewer: City
  • Water: City
  • Water Heater: Natural Gas
  • Air Conditioner: Central, Window
  • Heat: Gas Forced Air

Schools

  • School District: 94 Ladd CC

Lot Info

  • Number Of Acres: 0.14

Building Info

  • Year Built: 1920

Tax Info

  • Year: 2023
  • Taxes: 4435

Multi Family

  • Lease: No

MLS Schools

  • School District: 94 Ladd CC

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,403 $41,012 $4,661 $36,351
2023 $4,403 $38,459 $4,371 $34,088
2022 $4,231 $35,476 $4,032 $31,444
2021 $4,131 $33,487 $3,806 $29,681
2020 $4,002 $32,150 $3,654 $28,496
2019 $3,937 $31,455 $3,575 $27,880
2018 $3,849 $30,634 $3,482 $27,152
2017 $3,802 $30,001 $3,410 $26,591
2016 $3,837 $29,766 $3,383 $26,383
2015 -- $26,475 $0 $26,475
2014 -- $29,869 $3,394 $26,475
2013 -- $31,185 $3,544 $27,641
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2025 05/20/25 For Sale $160,000 -- $40 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202503323

NorthWest Illinois Alliance of REALTORS®

APN: 18-10-351-004