$115,000

227 W Pine St Canton, IL 61520

Estimated payment $783/month

Total Views 1,446
4 Beds
-- Bath
2,624 Sq Ft
$44 Price per Sq Ft

Highlights

  • Hot Property
  • Forced Air Heating and Cooling System
  • Level Lot
  • Two Heating Systems

About This Home

Excellent opportunity to own a solid brick multi-unit building conveniently located in the heart of Canton. This well-maintained property features four spacious apartments — two on the main floor and two upstairs — plus a shared basement area with laundry and storage for tenants. Recent updates include a new EPDM rubber roof with fiber board base, extended to cover the roof edges, plus tuckpointing and new front porch steps, decking, and roof — all helping to reduce long-term maintenance costs. The building offers three 1-bedroom/1-bath units and one 1-bedroom (possible 2 bedroom)/1.5-bath unit, each with eat-in kitchens, full-size gas stoves and refrigerators, large living rooms, front and rear entrances, and off-street parking. One main-floor unit includes a handicap ramp for accessibility. All units are served by forced-air gas heat and central air conditioning. Rents currently include gas, electric, water, and trash, with below-market rental rates providing room for upside. This property is a turnkey income producer with strong cash flow and additional value potential through rent increases. Ideal for an investor seeking dependable returns in a stable Central Illinois market.

Listing Agent

Jed Rhoades

Rhoades Real Estate & Land Auc Brokerage Phone: 309-647-8811 License #471.019378 Listed on: 10/14/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,095

Year Built

  • Built in 1906

Lot Details

  • Lot Dimensions are 66' x 166'
  • Level Lot

Parking

  • 8 Parking Spaces

Home Design

  • Rubber Roof

Interior Spaces

  • 4 Bedrooms
  • 2,624 Sq Ft Home
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Schools

  • Canton High School

Utilities

  • Forced Air Heating and Cooling System
  • Two Heating Systems

Community Details

  • Hulit Subdivision
  • Trash Expense $360

Listing and Financial Details

  • Assessor Parcel Number 09-08-27-325-021

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,095

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1906
  • New Construction: No
  • Property Attached Yn: No
  • Structure Type: Two or More Story
  • Attribution Contact: Office: 309-647-8811
  • Special Features: None

Interior Features

  • Basement: Full, Unfinished
  • Total Bedrooms: 4

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Paved
  • Construction Type: Brick
  • Foundation Details: Brick/Mortar
  • Roof: Rubber
  • 100YearPlain: No

Garage/Parking

  • Parking Features: Other
  • Total Parking Spaces: 8

Utilities

  • Cooling: Zoned, Central Air
  • Heating: Heating Systems - 2+, Forced Air, Natural Gas
  • Laundry Features: Common Area, Owned Equipment
  • Water Source: Public Sewer, Public
  • GasExpense: 3828
  • NumberOfRanges: 4
  • NumberofRefrigerators: 4
  • NumberOfWashers: 1
  • NumberOfDryers: 1

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Trash Expense: 360
  • AdvertisingExpense: 0

Schools

  • High School: Canton

Lot Info

  • Zoning: R-4
  • Lot Size: 66' x 166'
  • Parcel #: 09-08-27-325-021
  • CertificateOfZoning: No

Rental Info

  • Tenant Pays: All Utilities, Lawn Care, Snow Removal

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2094.84
  • TaxExemptions: None

Map

Range of Values:

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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 $2,095 $20,920 $3,660 $17,260
2023 $2,095 $20,020 $3,500 $16,520
2022 $2,013 $20,020 $3,500 $16,520
2021 $2,013 $19,240 $3,360 $15,880
2020 $1,917 $18,420 $3,220 $15,200
2019 $2,153 $21,520 $3,270 $18,250
2018 $2,097 $21,110 $3,210 $17,900
2017 $2,091 $21,110 $3,210 $17,900
2016 $2,125 $20,800 $3,160 $17,640
2015 $2,020 $20,050 $3,050 $17,000
2013 -- $19,540 $2,970 $16,570
2012 -- $18,880 $2,870 $16,010
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2025 10/14/25 For Sale $115,000 -- $44 / Sq Ft
Source: RMLS Alliance

Purchase History

Date Type Sale Price Title Company
Deed $52,500 --
Deed $45,000 --
Source: Public Records

Source: RMLS Alliance

MLS Number: PA1261622

RMLS Alliance

APN: 09-08-273-250-21