$205,000

229 Main St McGregor, IA 52157

Estimated payment $1,306/month

Total Views 150
-- Bed
-- Bath
800 Sq Ft
$256 Price per Sq Ft

Highlights

  • Balcony
  • Washer and Dryer
  • High Speed Internet

About This Home

Free standing building with 2 apartments available both with balconies in downtown McGregor. This sale includes the business on the main level which runs as a successful bar and restaurant, both apartments are upstairs. Lots of potential here! City parking lot adjacent to building for off street parking. Blocks from the Mississippi River - this would make a great investment property!

Listing Agent

Jenny Coleman

RE/MAX Gold Brokerage Phone: 608-306-2865 License #58543-90 Listed on: 08/01/2025

RE/MAX Gold

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,090

Year Built

  • Built in 1890

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Laundry

  • Laundry in unit
  • Washer and Dryer

Schools

  • Call School District Elementary And Middle School
  • Call School District High School

Utilities

  • Heating System Uses Oil
  • Radiant Heating System
  • High Speed Internet

Additional Features

  • 2-Story Property
  • Balcony
  • 2,614 Sq Ft Lot

Community Details

  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 3422459008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,090

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Municipality: McGregor
  • Status Detail: Active
  • Mailing City: McGregor
  • Class: Multi Family
  • Type: Multi Family
  • Type Of Property: 2 story
  • Items Included: refrigerator, washer, dryer - all bar and restaurant equipment, turn key business on main level.
  • Miscellaneous: Internet - Fixed wireless
  • Year Built: 1890
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Number Dryers: 1
  • Number Furnaces: 1
  • Number Refrigerators: 2
  • Number Stoves: 2
  • Number Units W Ac: 1
  • Number Washers: 1
  • Number Water Heaters: 1
  • Number Water Softeners: 1

Exterior Features

  • Exterior: Vinyl, Brick

Garage/Parking

  • Heating Fuel: Oil
  • Heating Type: Radiant

Utilities

  • Water Waste: Municipal water, Municipal sewer

Schools

  • School District: MFL MarMac
  • Elementary School: Call School District
  • Middle School: Call School District
  • High School: Call School District
  • Elementary School: Call School District
  • High School: Call School District
  • Middle School: Call School District
  • School District: MFL MarMac

Lot Info

  • Estimated Aces: 0.06
  • Zoning: Comm
  • Geo Subdivision: IA

Tax Info

  • Land Assessment: 11374
  • Improvements: 133111
  • Total Assessment: 144485
  • Assessment year: 2025
  • Net Taxes: 2090
  • Tax Year: 2023
  • Assessor Parcel Number: 3422459008

Multi Family

  • Number Of2 Bedrooms: 2
  • Number Of Units: 3

Map

Range of Values:

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Average Value
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List Price
Sold Price
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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 $2,090 $127,201 $10,340 $116,861
2023 $2,322 $127,201 $10,340 $116,861
2022 $3,306 $115,131 $9,400 $105,731
2021 $3,340 $115,131 $9,400 $105,731
2020 $3,340 $114,614 $11,180 $103,434
2019 $3,568 $114,614 $11,180 $103,434
2018 $3,568 $115,725 $10,542 $105,183
2017 $2,716 $115,725 $10,542 $105,183
2015 $2,130 $109,381 $9,964 $99,417
2014 $2,836 $109,381 $9,964 $99,417
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2025 08/01/25 For Sale $205,000 -- $256 / Sq Ft
Source: South Central Wisconsin Multiple Listing Service

Purchase History

Date Type Sale Price Title Company
Warranty Deed $65,000 None Available
Warranty Deed $115,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $157,936 Balloon
Closed $65,000 No Value Available
Previous Owner $111,251 New Conventional
Previous Owner $30,000 Future Advance Clause Open End Mortgage
Previous Owner $86,000 Future Advance Clause Open End Mortgage
Source: Public Records

Source: South Central Wisconsin Multiple Listing Service

MLS Number: 2005848

South Central Wisconsin Multiple Listing Service

APN: 22-34-22-459-008