Seller's Agent in 2026
Erica Timko
Keller Williams Marquee
(314) 349-9559
2 in this area
492 Total Sales
1534 7th St Madison, IL 62060
5
Beds
2
Baths
1,807
Sq Ft
5,345
Sq Ft
Highlights
- Traditional Architecture
- Covered Patio or Porch
- Combination Kitchen and Dining Room
- No HOA
- Forced Air Heating and Cooling System
About This Home
As of January 2026Opportunity knocks with this freshly updated duplex at 1534 7th Street in Madison. Whether you're expanding your portfolio or looking to offset your mortgage by living in one unit and renting the other, this property delivers! Unit A is 2 bed/1 bath and is currently rented for $500/mo, while Unit B is 3 bed/1 bath and currently rented to a long term tenant for $850/mo. Recent upgrades include new carpet and LVP flooring, updated appliances and fixtures, a brand-new front porch, fresh interior paint, and a new water heater. This is a turnkey investment from day one! Located just minutes from the McKinley Bridge and a short drive to Worldwide Technology Raceway, this property offers convenience and strong rental appeal. With an attractive price point and low annual taxes, this is a smart buy in a growing area. Don’t wait—schedule your showing today! Information pulled from various sources. Buyer to verify all MLS data.
Last Agent to Sell the Property
Keller Williams Marquee License #475173582 Listed on: 08/08/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,600
Year Built
- Built in 1940 | Remodeled
Home Design
- Duplex
- Traditional Architecture
- Vinyl Siding
Interior Spaces
- 1,807 Sq Ft Home
- 1.5-Story Property
- Combination Kitchen and Dining Room
- Gas Oven
- Laundry in unit
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
Parking
- No Driveway
- Off-Street Parking
Schools
- Madison Dist 12 Elementary And Middle School
- Madison High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- Gas Water Heater
Additional Features
- Covered Patio or Porch
- 5,345 Sq Ft Lot
Listing and Financial Details
- The owner pays for insurance, taxes, utilities
- Assessor Parcel Number 21-2-19-25-11-206-010
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- 2 Leased Units
- Gross Lease
- Net Operating Income $2,100
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 8, 2025
Closed on
Jan 21, 2026
Sold by
Smith Rance and Smith Aliyah
Bought by
Open Door Ventures Llc
Seller's Agent
Erica Timko
Keller Williams Marquee
Buyer's Agent
Hoa Nguyen
Worth Clark Realty
List Price
$109,900
Sold Price
$109,900
Views
143
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-77.05%
Original Mortgage
$87,920
Outstanding Balance
$87,835
Interest Rate
6.18%
Mortgage Type
Commercial
Estimated Equity
$9,857
Purchase Details
Listed on
Apr 21, 2021
Closed on
Jun 29, 2021
Sold by
Jones Donald J and Jones Karen
Bought by
Smith Rance and Smith Aliyah
Seller's Agent
Louie McCoy
Keller Williams Marquee
Buyer's Agent
Erica Timko
Keller Williams Marquee
List Price
$37,000
Sold Price
$37,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.77%
Purchase Details
Closed on
May 28, 2003
Sold by
Copeland Orvile E
Bought by
Jones Donald J and Jones Karen L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,400
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 27, 2003
Sold by
Whitford Karen F
Bought by
Copeland Orvile E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,400
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $110,000 | Advanced Title Solutions | |
| Warranty Deed | $37,000 | Abstracts & Titles | |
| Warranty Deed | $46,000 | Metro Title & Escrow Co | |
| Warranty Deed | $27,000 | Metro Title & Escrow Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $87,920 | Commercial | |
| Previous Owner | $41,400 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/30/2026 01/30/26 | Sold | $109,900 | 0.0% | $61 / Sq Ft | |
| 12/16/2025 12/16/25 | Pending | -- | -- | -- | |
| 10/10/2025 10/10/25 | For Sale | $109,900 | 0.0% | $61 / Sq Ft | |
| 09/19/2025 09/19/25 | Pending | -- | -- | -- | |
| 08/08/2025 08/08/25 | For Sale | $109,900 | +197.0% | $61 / Sq Ft | |
| 06/29/2021 06/29/21 | Sold | $37,000 | 0.0% | $27 / Sq Ft | View Prior Sale |
| 05/26/2021 05/26/21 | Pending | -- | -- | -- | |
| 04/21/2021 04/21/21 | For Sale | $37,000 | -- | $27 / Sq Ft |
Source: MARIS MLS
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 | $1,716 | $13,970 | $1,270 | $12,700 |
| 2023 | $1,716 | $12,240 | $1,110 | $11,130 |
| 2022 | $1,600 | $10,820 | $980 | $9,840 |
| 2021 | $1,481 | $10,190 | $920 | $9,270 |
| 2020 | $1,486 | $9,970 | $900 | $9,070 |
| 2019 | $1,499 | $10,150 | $920 | $9,230 |
| 2018 | $1,527 | $11,940 | $1,080 | $10,860 |
| 2017 | $1,607 | $12,070 | $1,090 | $10,980 |
| 2016 | $1,581 | $12,070 | $1,090 | $10,980 |
| 2015 | $1,525 | $11,700 | $1,060 | $10,640 |
| 2014 | $1,525 | $11,700 | $1,060 | $10,640 |
| 2013 | $1,525 | $11,830 | $1,070 | $10,760 |
Source: Public Records
Agents Affiliated with this Home
-
Erica Timko
-
Hoa Nguyen
Buyer's Agent in 2026
Hoa Nguyen
Worth Clark Realty
(618) 402-3396
1 in this area
115 Total Sales
-
Louie McCoy
Seller's Agent in 2021
Louie McCoy
Keller Williams Marquee
(618) 971-7500
1 in this area
64 Total Sales
Map
Source: MARIS MLS
MLS Number: MIS25054797
APN: 21-2-19-25-11-206-010
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID
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