Seller's Agent in 2025
Jed Rhoades
Rhoades Real Estate & Land Auc
(309) 333-0616
56 in this area
142 Total Sales
227 W Pine St Canton, IL 61520
4
Beds
--
Bath
2,624
Sq Ft
1906
Built
Highlights
- Forced Air Zoned Cooling and Heating System
- Two Heating Systems
- Level Lot
About This Home
As of November 2025Excellent 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.
Last Agent to Sell the Property
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
- Brick Exterior Construction
- Brick Foundation
- 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 Zoned Cooling and Heating System
- Two Heating Systems
- Heating System Uses Natural Gas
Community Details
- Hulit Subdivision
- Trash Expense $360
Listing and Financial Details
- Tenant pays for all utilities, lawn care, snow removal
- Assessor Parcel Number 09-08-27-325-021
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 21, 2008
Sold by
Fji Properties Inc
Bought by
Kgcre Llc
Purchase Details
Closed on
Mar 7, 2007
Sold by
Potterthomas Potterthomas A and Potterthomas Brenda
Bought by
Fji Properties Inc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $52,500 | -- | |
| Deed | $45,000 | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/25/2025 11/25/25 | Sold | $105,000 | -8.7% | $40 / Sq Ft |
| 10/21/2025 10/21/25 | Pending | -- | -- | -- |
| 10/14/2025 10/14/25 | For Sale | $115,000 | -- | $44 / Sq Ft |
Source: RMLS Alliance
Tax History Compared to Growth
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
Agents Affiliated with this Home
-
Jed Rhoades
-
Ryan Blackorby
Buyer's Agent in 2025
Ryan Blackorby
Jim Maloof Realty, Inc.
(309) 657-6787
3 in this area
795 Total Sales
Map
Source: RMLS Alliance
MLS Number: PA1261622
APN: 09-08-273-250-21
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