1906 Rhodes St Madison, IL 62060
Madison AreaEstimated payment $3,127/month
Highlights
- Ranch Style House
- Luxury Vinyl Tile Flooring
- Forced Air Heating System
- No HOA
About This Home
Turnkey investment property featuring two buildings with four 1 bed/1 bath units in each building. 50% of the units have been updated with LVP flooring throughout, stainless steel appliances in the kitchen, updated lighting, new tub/shower surround, and new bathroom vanities. AC was 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.
Purchase includes both buildings, and Seller will not divide.
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
Berkshire Hathaway HomeServices Select Properties License #475122831 Listed on: 09/04/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,289
Year Built
- Built in 1965
Parking
- On-Street Parking
Home Design
- 2,250 Sq Ft Home
- Ranch Style House
- Brick Exterior Construction
- Block Foundation
- Architectural Shingle Roof
Kitchen
- Free-Standing Electric Range
Flooring
- Laminate
- Luxury Vinyl Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Schools
- Madison Dist 12 Elementary And Middle School
- Madison High School
Utilities
- Cooling System Mounted To A Wall/Window
- Forced Air Heating System
Listing and Financial Details
- Assessor Parcel Number 17-2-20-30-05-106-026
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 8 Units
Additional Features
- No Laundry Facilities
- 8 Leased Units
Map
Home Values in the Area
Average Home Value in this Area
Tax 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.
| 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 |
|---|---|---|---|---|
| 2025 | $2,290 | $19,750 | $2,000 | $17,750 |
| 2024 | $2,206 | $18,440 | $1,870 | $16,570 |
| 2023 | $2,206 | $16,060 | $1,630 | $14,430 |
| 2022 | $2,060 | $14,580 | $1,480 | $13,100 |
| 2021 | $1,980 | $13,860 | $1,410 | $12,450 |
| 2020 | $1,967 | $13,410 | $1,360 | $12,050 |
| 2019 | $1,898 | $13,020 | $1,320 | $11,700 |
| 2018 | $1,797 | $12,270 | $1,240 | $11,030 |
| 2017 | $1,640 | $12,270 | $1,240 | $11,030 |
| 2016 | $1,599 | $12,270 | $1,240 | $11,030 |
| 2015 | $1,624 | $12,320 | $1,250 | $11,070 |
| 2014 | $1,624 | $12,320 | $1,250 | $11,070 |
| 2013 | $1,624 | $12,660 | $1,280 | $11,380 |
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 | $520,000 | -- | $231 / Sq Ft |
Purchase 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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,900,000 | Abstracts & Titles | |
| Warranty Deed | $272,000 | Community Title Shiloh Llc | |
| Quit Claim Deed | -- | Metro Title & Escrow Company |
Mortgage 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 | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $875,000 | Commercial | |
| Closed | $251,178 | Commercial | |
| Closed | $1,520,000 | Commercial | |
| Previous Owner | $222,600 | Purchase Money Mortgage |
Source: MARIS MLS
MLS Number: MIS26055184
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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.
Listings courtesy of MARIS MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.