209 W Madison St Rushville, IL 62681
Estimated payment $818/month
Highlights
- Guest Parking
- Central Air
- Level Lot
About This Home
Investor Alert! This well-maintained 2-unit property at 209 W Madison St. in Rushville offers solid income potential and numerous updates throughout. Both units received new siding, roof, windows, HVAC systems (2020)—including all new ductwork and 10-year transferable warranties for peace of mind. Unit #1 rents for $700/month and features updated kitchen countertops, new flooring (2020), updated bathroom and laundry room (2021), newer stove (2025), and a washer and dryer that convey (2022). Unit #2 is also remodeled and includes its own washer and dryer. Electrical has been updated from the basement through the kitchen (2021), and both the interior water and sewer lines have been replaced, with the main sewer line to the street replaced in 2010. Extra roofing and siding materials will convey. A great investment property ready to generate income—can also be purchased as part of a package deal with additional properties the seller is offering.
Listing Agent
Happel, Inc., REALTORS Brokerage Phone: 217-224-8383 License #475141177 Listed on: 11/06/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,984
Lot Details
- Lot Dimensions are 61x71
- Level Lot
Home Design
- Brick Exterior Construction
- Shingle Roof
Interior Spaces
- 4 Bedrooms
- 1,964 Sq Ft Home
- Partial Basement
Parking
- 4 Parking Spaces
- Guest Parking
- On-Street Parking
Schools
- Schulyer-Industry Unit 5 High School
Utilities
- Central Air
- Heating System Uses Natural Gas
Listing and Financial Details
- Assessor Parcel Number 08-30-352-015
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 | $1,985 | $24,451 | $2,327 | $22,124 |
| 2023 | $1,953 | $12,204 | $2,104 | $10,100 |
| 2022 | $1,034 | $5,328 | $1,945 | $3,383 |
| 2021 | $459 | $5,222 | $1,906 | $3,316 |
| 2020 | $464 | $5,222 | $1,906 | $3,316 |
| 2019 | $1,359 | $14,334 | $1,825 | $12,509 |
| 2018 | $1,368 | $14,334 | $1,825 | $12,509 |
| 2017 | $1,368 | $14,334 | $1,825 | $12,509 |
| 2016 | $1,391 | $14,554 | $1,853 | $12,701 |
| 2015 | $680 | $14,652 | $1,865 | $12,787 |
| 2012 | $680 | $14,327 | $1,824 | $12,503 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/06/2025 11/06/25 | For Sale | $124,000 | -- | $63 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $15,000 | -- |
Source: RMLS Alliance
MLS Number: CA1040403
APN: 08-30-352-015
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