$255,000
SOLD DEC 9, 2025

401 E Van Buren St Malta, IL 60150

8 Beds
4 Baths
3,695 Sq Ft
-- Built

Recently Sold

$69 Per Sq Ft

14% Below List Price

319 Days on Market

Highlights

  • Bonus Room
  • Living Room
  • Shed
  • Corner Lot
  • Laundry Room
  • Central Air

About This Home

As of December 2025

IMAGINE OWNING A HOME WHERE YOUR RENTAL INCOME COVERS YOUR MORTGAGE! This unique single family nonconforming home with 2 rental units in the peaceful town of Malta offers a special opportunity to enjoy a spacious primary residence while generating income from two attached apartments. Unit A, the main residence, is a substantial 5-bedroom, 2-bath home with over 2,200 square feet. With spacious bedrooms, a primary suite featuring an ensuite bath, and a bonus room perfect as a nursery, office, or dressing room/extra closet, this home offers flexibility for all your needs. This unit is filled with character and offers incredible potential to make it your own. This main unit is also equipped with a Generac generator (installed in 2014) for reliable power. Unit B is a comfortable 2-bedroom, 1-bath apartment with 837 square feet of living space, featuring generously sized bedrooms and a bright atmosphere. Ideal for tenants seeking a cozy yet spacious home, this unit offers immediate rental potential. Unit C is a 1-bedroom, 1-bath apartment offering 625 square feet of well-designed space, including a functional kitchen, a large family room with room for a full dining area, and a comfortable bedroom. Perfect for tenants who seek a blend of comfort and practicality! This property has been well-maintained with some recent updates: a new roof and vinyl siding were installed around 2014, four new water heaters (2024), and the landscaping has been refreshed this year. This home offers ample opportunity to add your finishing touches and unlock its full potential! Conveniently located, this property is just 10 minutes from Northern Illinois University, Kishwaukee College, and DeKalb, and a 15-minute drive to Rochelle and Sycamore. Whether you're looking for a home with income potential or an investment to add to your portfolio, this property offers a unique blend of living space and rental opportunity-live comfortably while your investment works for you!

Last Agent to Sell the Property

Elizabeth Metcalf

Willow Real Estate, Inc License #475203434 Listed on: 12/13/2024

Last Buyer's Agent

Abilene Villagran

OnPath Realty Inc License #475209890

OnPath Realty Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,786

Lot Details

  • Lot Dimensions are 99x165
  • Fenced
  • Corner Lot

Parking

  • 2 Car Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Asphalt Roof

Interior Spaces

  • 3,695 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Bonus Room
  • Pull Down Stairs to Attic

Kitchen

  • Range
  • Microwave
  • Portable Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Shed

Schools

  • Malta Elementary School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Power Generator
  • Multiple Water Heaters
  • Water Softener is Owned

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,786

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: Yes
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Portable Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: Unfinished, Full
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Interior Amenities: In-Law Floorplan
  • LivingArea: 3695
  • Other Equipment: Water-Softener Owned, Sump Pump, Generator, Multiple Water Heaters
  • Room Type: Bedroom 5, Bonus Room, Bedroom 6, Bedroom 7, Bedroom 8
  • Estimated Total Finished Sq Ft: 0
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Square Footage Comments: Primary Residence (Apt A): 2233 sq ft, Apt B 837 sq ft, Apt C 625 sq ft
  • Total Sq Ft: 0
  • Attic: Interior Stair
  • Flooring: Carpet

Exterior Features

  • Construction Materials: Other
  • Fencing: Fenced
  • Lot Features: Corner Lot
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Gravel, Garage Door Opener, Yes, Garage Owned, Attached, Driveway, Owned, Garage
  • ParkingTotal: 6

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Malta Elementary School

Lot Info

  • Lot Dimensions: 99X165
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 19
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5786
  • Tax Year: 2023
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 7, 2016
Sold by
Smith Alice Frances
Bought by
Smith Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2025 12/09/25 Sold $255,000 -13.6% $69 / Sq Ft
10/28/2025 10/28/25 Pending -- -- --
10/07/2025 10/07/25 Price Changed $295,000 0.0% $80 / Sq Ft
10/07/2025 10/07/25 For Sale $295,000 -6.1% $80 / Sq Ft
09/24/2025 09/24/25 Pending -- -- --
09/13/2025 09/13/25 Price Changed $314,000 -1.6% $85 / Sq Ft
09/02/2025 09/02/25 Price Changed $319,000 -1.5% $86 / Sq Ft
08/09/2025 08/09/25 Price Changed $324,000 -1.5% $88 / Sq Ft
07/25/2025 07/25/25 Price Changed $329,000 -1.5% $89 / Sq Ft
07/10/2025 07/10/25 For Sale $334,000 0.0% $90 / Sq Ft
07/07/2025 07/07/25 Pending -- -- --
06/29/2025 06/29/25 Price Changed $334,000 -1.5% $90 / Sq Ft
06/13/2025 06/13/25 Price Changed $339,000 -1.5% $92 / Sq Ft
05/30/2025 05/30/25 Price Changed $344,000 -1.4% $93 / Sq Ft
05/16/2025 05/16/25 Price Changed $349,000 -2.8% $94 / Sq Ft
04/16/2025 04/16/25 Price Changed $359,000 -2.7% $97 / Sq Ft
02/28/2025 02/28/25 Price Changed $369,000 -1.6% $100 / Sq Ft
01/28/2025 01/28/25 Price Changed $375,000 -6.0% $101 / Sq Ft
12/13/2024 12/13/24 For Sale $399,000 -- $108 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

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 $5,786 $72,570 $13,400 $59,170
2023 $5,786 $63,882 $11,796 $52,086
2022 $4,649 $58,075 $10,724 $47,351
2021 $4,759 $55,236 $10,200 $45,036
2020 $4,649 $52,847 $9,759 $43,088
2019 $4,506 $50,864 $9,393 $41,471
2018 $4,383 $48,739 $9,001 $39,738
2017 $4,191 $45,808 $8,460 $37,348
2016 $4,115 $44,708 $8,257 $36,451
2015 -- $42,178 $7,790 $34,388
2014 -- $41,810 $7,722 $34,088
2013 -- $43,028 $7,947 $35,081
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12255869

Midwest Real Estate Data (MRED)

APN: 07-23-131-001