201 S Market St Washington, IL 61571
Estimated payment $2,689/month
Highlights
- Corner Lot
- Whole House Fan
- Forced Air Heating and Cooling System
- Lincoln Grade School Rated A-
About This Home
Discover this unique income property with elegant French-inspired design. Somewhat dated, but meticulously maintained 3-unit complex featuring 1 upper unit and 2 ground floor units. The upper unit offers 1,720 sq. ft. with 3 bedrooms, 2 bathrooms, and convenient amenities including a handicapped accessible lift/elevator from the driveway to the upper level entrance, a covered 20 x 32 balcony as well as a second covered balcony, and an oversized two-car garage with overhead storage. There is a ventless gas heater in the garage. The largest bedroom in the upper unit is currently used as a family room and has a wood burning fireplace. The ground level units are approximately 850 sq. ft. each and include 2 bedrooms and 1 full bathroom. The ground units also share a spacious 3-car garage - 1 stall each with a shared stall for storage. . The upper unit has never been rented and has been owner-occupied, while the ground floor units are occupied by tenants with month-to-month leases. All appliances are included. Owner pays for water, sewer, garbage, lawn maintenance and snow removal. Ideally situated just a block from Washington Square, providing quick access to shopping, dining, and nearby attractions.
Listing Agent
Jim Maloof Realty, Inc. Brokerage Phone: 309-224-9339 License #471019310 Listed on: 08/15/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,372
Year Built
- Built in 1988
Lot Details
- Lot Dimensions are 111x104x112x104
- Corner Lot
- Level Lot
Home Design
- Slab Foundation
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 7 Bedrooms
- 3,456 Sq Ft Home
- Elevator
- Whole House Fan
Parking
- 5 Parking Spaces
- Parking Garage Space
Schools
- Lincoln Elementary School
- Washington Middle School
- Washington High School
Utilities
- Forced Air Heating and Cooling System
- Gas Water Heater
- Cable TV Available
Community Details
- Burton Subdivision
- Trash Expense $1,880
Listing and Financial Details
- Assessor Parcel Number 02-02-23-214-001
Map
Home Values in the Area
Average Home Value in this Area
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 | $8,894 | $124,000 | $12,550 | $111,450 |
| 2023 | $8,894 | $115,040 | $11,640 | $103,400 |
| 2022 | $8,453 | $107,490 | $10,880 | $96,610 |
| 2021 | $8,124 | $104,850 | $10,610 | $94,240 |
| 2020 | $8,008 | $104,850 | $10,610 | $94,240 |
| 2019 | $8,276 | $104,850 | $10,610 | $94,240 |
| 2018 | $8,127 | $104,850 | $10,610 | $94,240 |
| 2017 | $7,921 | $23,750 | $23,750 | $0 |
| 2016 | $7,726 | $23,750 | $23,750 | $0 |
| 2015 | $7,577 | $0 | $0 | $0 |
| 2013 | $7,149 | $23,750 | $23,750 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/18/2025 08/18/25 | Pending | -- | -- | -- |
| 08/15/2025 08/15/25 | For Sale | $350,000 | -- | $101 / Sq Ft |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $50,000 | New Conventional | |
| Closed | $150,000 | Unknown |
Source: RMLS Alliance
MLS Number: PA1260246
APN: 02-02-23-214-001
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