$249,900
$25K PRICE DROP

318 W Main St Shelbyville, IL 62565

Estimated payment $1,654/month

Total Views 29,295
-- Bed
-- Bath
4,104 Sq Ft
$61 Price per Sq Ft

Highlights

  • 0.69 Acre Lot
  • Traditional Architecture
  • Circular Driveway
  • Shelbyville High School Rated 10
  • Attic
  • 5-minute walk to Shelbyville Forest Park

About This Home

Don't miss out on this fantastic business opportunity! Currently a AirBnB with two main floor units that have a large living room, 1 bedroom, kitchen, full bath and laundry. The upper level consists of two bedrooms, living room, kitchen, full bathroom and laundry. There are so many great features with this historical beautiful home and many recent updates including newer roof and windows. The possibilities are endless. Could easily be converted back to a single family residence, a Restaurant, Winery or whatever your heart desires it is possible! There is a lot of parking available as the extra lot to the west will hold a lot of vehicles. There is a patio area in back of the home and extra outside seating available on the west side of the building. And to make it even more appealing for the entrepreneurs out there...A two story newer building is available for sale that adjoins this beautiful home that also has many possibilities. You need to see this all for yourself. I see a fabulous brewery or additional living quarters. Don't wait...come take a look! Additional adjoining property for sale is MLS 624670. New Owner would have to apply for a Special Exception at City Hall if they choose to continue with the AirBnB operation.

Listing Agent

Glenda Sphar

Glenda Sphar Realty License #471022177 Listed on: 11/11/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,516

Year Built

  • Built in 1858

Lot Details

  • 0.69 Acre Lot

Parking

  • Circular Driveway

Home Design

  • Triplex
  • Traditional Architecture
  • Brick Exterior Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 4,104 Sq Ft Home
  • 2-Story Property
  • Replacement Windows
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Range
  • Attic

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 3 Units
  • Operating Expense $13,056

Listing and Financial Details

  • Assessor Parcel Number 2013-07-19-409-019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,516

Year Built

Built in 1858

Lot Details

0

Listing Details

  • Above Grade Finished Sq Ft: 2052.0
  • Lot Size Acres: 0.69
  • Lot Size: 187.50 X 200.71 X IRR
  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Road Surface Type: Asphalt
  • Building Stories: 2
  • Year Built: 1858
  • Architectural Style: Traditional
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Property Sub Type Additional: Triplex
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dryer, Gas Water Heater, Range, Refrigerator, Washer
  • Has Basement: Unfinished, Full
  • Basement YN: Yes
  • Interior Amenities: Attic
  • Owner Pays: Air Conditioning, Electricity, Heat, Sewer, Water
  • Stories: 2
  • Window Features: Replacement Windows
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Brick
  • Exterior Features: Circular Driveway
  • Roof: Asphalt, Shingle
  • Waterfront: No
  • Foundation Details: Basement

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • Junior High Dist: Shelbyville Dist. 4

Lot Info

  • Lot Size Sq Ft: 30046.0
  • Parcel #: 2013-07-19-409-019
  • Zoning: COM
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 3
  • Annual Operating Expense: 13056.0

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 3516.0

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 $3,692 $55,403 $10,003 $45,400
2023 $3,516 $50,666 $9,148 $41,518
2022 $2,386 $28,677 $8,333 $20,344
2021 $2,316 $27,361 $7,951 $19,410
2020 -- $27,361 $7,951 $19,410
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2025 03/10/25 Price Changed $249,900 -9.1% $61 / Sq Ft
11/11/2024 11/11/24 For Sale $274,900 -- $67 / Sq Ft
Source: Central Illinois Board of REALTORS®

Source: Central Illinois Board of REALTORS®

MLS Number: 6247617

APN: 2013-07-19-409-019

Illinois Shelby County Shelbyville 62565

318 W Main St, Shelbyville, IL

This home is located at 318 W Main St, Shelbyville, IL 62565 and is currently priced at $249,900, approximately $60 per square foot. This property was built in 1858. 318 W Main St is a home located in Shelby County with nearby schools including Main Street Elementary School, Moulton Elementary School, and Shelbyville High School.

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Glenda Sphar
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Glenda Sphar
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Glenda Sphar Realty
(217) 656-5294