404 E Main St de Soto, IL 62924
Estimated payment $1,324/month
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.
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
Map
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 |
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 |
About the Listing Agent
Colleen's Other Listings
Source: Midwest Real Estate Data (MRED)
MLS Number: 12631799
APN: 10-21-113-013
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Ask me questions while you tour the home.