$179,000

404 E Main St de Soto, IL 62924

Estimated payment $1,324/month

Total Views 4
8 Beds
4 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Ranch Style House
  • Corner Lot
  • Baseboard Heating
  • Carbondale Community High School Rated A
  • Porch

About This Home

Turnkey 4 Unit Investment Property. This well-maintained and attractive Fourplex in DeSoto IL, IL offers a rare opportunity to acquire a fully occupied, income-producing property with strong rental appeal. Each unit features 2 bedrooms and 1 full bath, complemented by a spacious living room, large kitchen and dining area, and convenient in-unit washer and dryer hookups. Tenants also benefit from off street parking, adding to the property's overall desirability. Recent updates include a brand new roof installed in 2026 and new flooring in 3 of the 4 units, helping reduce future capital expenses while enhancing the property's condition and appeal. With stable occupancy and thoughtful updates already in place, this is a true turnkey investment - ideal for investors seeking dependable cash flow and long term value. Schedule your showing today.

Listing Agent

Colleen Hoffmann

C21 HOUSE OF REALTY, INC. C License #475211105 Listed on: 04/28/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,500

Year Built

  • Built in 1985

Lot Details

  • Lot Dimensions are 66x132
  • Corner Lot
  • Level Lot

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Parking

  • 8 Parking Spaces
  • Parking Available
  • Additional Parking
  • Off-Street Parking
  • Parking Included in Price
  • Unassigned Parking

Schools

  • Carbondale Community High School

Additional Features

  • Crawl Space
  • Porch
  • Baseboard Heating

Community Details

Overview

  • 4 Units

Building Details

  • Insurance Expense $3,000
  • Gross Income $24,600
  • Net Operating Income $17,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,500

Year Built

Built in 1985

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Year Built: 1985
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Active
  • SomePhotosVirtuallyStaged: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner,Laundry Hook-Up,Range Hood
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner,Laundry Hook-Up,Range Hood
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner,Laundry Hook-Up,Range Hood
  • AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner,Laundry Hook-Up,Range Hood

Exterior Features

  • Construction Materials: Vinyl Siding, Brick
  • Foundation Details: Block
  • Lot Features: Corner Lot, Level
  • Patio And Porch Features: Porch
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Parking Features: Unassigned, Off Street, Additional Parking, Yes, Owned
  • ParkingTotal: 8

Utilities

  • Sewer: Public Sewer
  • Heating: Electric, Baseboard
  • Water Source: Public

Condo/Co-op/Association

  • Conversion YN: N

Schools

  • High School: Carbondale Community High School

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 66x132
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 29
  • Is Parking Included in Price: Yes
  • TenantPays: All

Multi Family

  • Net Operating Income: 17100
  • Insurance Expense: 3000
  • GrossIncome: 24600
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 4499.86
  • Tax Year: 2024
  • Tax Exemptions: None

Map

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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 $4,500 $44,873 $2,641 $42,232
2023 $4,258 $39,917 $2,349 $37,568
2022 $4,086 $36,180 $2,129 $34,051
2021 $4,177 $36,180 $2,129 $34,051
2020 $4,155 $36,821 $2,167 $34,654
2019 $4,074 $36,180 $2,129 $34,051
2018 $3,925 $36,180 $2,129 $34,051
2017 $3,982 $35,933 $2,129 $33,804
2016 $3,951 $35,933 $2,129 $33,804
2015 -- $35,933 $2,129 $33,804
2014 -- $35,933 $2,129 $33,804
2012 -- $41,336 $2,129 $39,207
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/28/2026 04/28/26 For Sale $179,000 +72.1% --
03/14/2022 03/14/22 Sold $104,000 -5.5% $33 / Sq Ft View Prior Sale
01/15/2022 01/15/22 Pending -- -- --
01/14/2022 01/14/22 For Sale $110,000 0.0% $34 / Sq Ft
01/31/2014 01/31/14 Sold $110,000 -15.3% $34 / Sq Ft View Prior Sale
12/16/2013 12/16/13 Pending -- -- --
11/15/2013 11/15/13 For Sale $129,900 -- $41 / Sq Ft
Source: Midwest Real Estate Data (MRED)

About the Listing Agent

Colleen Hoffmann

C21 HOUSE OF REALTY, INC. C

(618) 590-6370

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12631799

Midwest Real Estate Data (MRED)

APN: 10-21-113-013

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