$69,900
PENDING $10K PRICE DROP

311 & 313 Main St Meredosia, IL 62665

Estimated payment $487/month

Total Views 5,051
4 Beds
-- Bath
3,100 Sq Ft
$23 Price per Sq Ft

Highlights

  • 8 Car Detached Garage
  • Baseboard Heating
  • Level Lot

About This Home

Unique investment opportunity. 2 buildings. 311 is currently vacant but could be finished for a 4th rental unit. 311 1/2 is a 2BR/1BA apartment rented at $440/month. 313 is currently rented and operating as a hair salon at $350/month. 313 1/2 is a second 2BR, 1BA apartment rented at $550/month. This unit has had several nice recent upgrades. All electric. Landlord pays water/sewer. This is a great opportunity to start your investment journey or for the current investors, here's a money maker to add to your existing portfolio.

Listing Agent

Amy Hageman

The Real Estate Group, Inc. License #475141507 Listed on: 07/07/2025

The Real Estate Group, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,412

Year Built

  • Built in 1962

Lot Details

  • Lot Dimensions are 40 x 120
  • Level Lot

Home Design

  • 3,100 Sq Ft Home
  • Brick Exterior Construction
  • Composition Roof

Bedrooms and Bathrooms

  • 4 Bedrooms

Basement

  • Basement Cellar
  • Crawl Space

Parking

  • 8 Car Detached Garage
  • On-Street Parking

Schools

  • Meredosia/Chambersburg Elementary School
  • Meredosia - Chambersburg High School

Utilities

  • Window Unit Heating System
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 0122113016

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,412

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1962
  • New Construction: No
  • Structure Type: One Story
  • Special Features: None

Interior Features

  • Basement: Cellar, Crawl Space
  • Total Bedrooms: 4

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Paved
  • Construction Type: Brick
  • Roof: Composition
  • 100YearPlain: Yes

Garage/Parking

  • Parking Features: Detached, On Street
  • Total Parking Spaces: 8

Utilities

  • Heating: Baseboard, Electric, Electric Water Heater, Window Unit(s)
  • Laundry Features: Units Hook-Ups
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfRanges: 2
  • NumberofRefrigerators: 2
  • NumberOfWashers: 1
  • NumberOfDryers: 1
  • NumberOfWindowUnits: 3

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • AdvertisingExpense: 0

Schools

  • Elementary School: Meredosia/Chambersburg
  • High School: Meredosia - Chambersburg

Lot Info

  • Lot Size: 40 x 120
  • Additional Parcels Description: 0122113017
  • Parcel #: 0122113016

Rental Info

  • Tenant Pays: Electricity, Trash Collection

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 1412.1
  • TaxExemptions: None

Map

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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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 $616 $6,170 $670 $5,500
2023 $621 $6,170 $670 $5,500
2022 $615 $6,170 $670 $5,500
2021 $656 $6,170 $670 $5,500
2020 $611 $6,170 $670 $5,500
2019 $623 $6,170 $670 $5,500
2018 $609 $6,170 $670 $5,500
2017 $618 $6,490 $700 $5,790
2016 $644 $6,810 $700 $6,110
2015 $638 $6,680 $690 $5,990
2014 $638 $6,550 $680 $5,870
2013 $612 $6,550 $680 $5,870
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2025 11/10/25 Pending -- -- --
08/26/2025 08/26/25 Price Changed $69,900 -12.5% $23 / Sq Ft
07/07/2025 07/07/25 For Sale $79,900 -- $26 / Sq Ft
Source: RMLS Alliance

Purchase History

Date Type Sale Price Title Company
Contract Of Sale -- None Available
Warranty Deed $25,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $26,139 Commercial
Source: Public Records

Source: RMLS Alliance

MLS Number: CA1037653

RMLS Alliance

APN: 01-22-113-017