$300,000

408 N 3rd St Dunlap, IL 61525

Estimated payment $1,804/month

4 Beds
-- Bath
1,678 Sq Ft
$179 Price per Sq Ft

Highlights

  • Forced Air Zoned Heating and Cooling System
  • Level Lot
  • 4-minute walk to North Park
  • Dunlap Grade School Rated A

About This Home

Completed in 2025, this fully renovated 2-story duplex combines rustic charm with modern amenities, creating an inviting short-term rental experience. The property offers two thoughtfully designed units. The first boasts 3 bedrooms, 2 bathrooms, featuring a luxurious walk-in shower with skylight and rain shower option, while the second is a modest 1 bedroom, 1 bathroom that has been remodeled top to bottom. Each unit includes private laundry and central air conditioning, ensuring comfort and convenience for every guest. Ample off-street parking is available with four dedicated spaces, while the front and back garden areas provide relaxing outdoor settings. With its rustic finishes, premium bathroom upgrade, and turnkey readiness, this duplex is a guest favorite and a strong performer in this portfolio. Its mix of space, character, and modern comfort make it well-positioned to meet the ongoing demand for short-term rentals in central Illinois.

Listing Agent

Bryson Smith

Keller Williams Premier Realty Brokerage Email: Listings@brysonsmithteam.com License #471021236 Listed on: 09/29/2025

Keller Williams Premier Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,556

Year Built

  • Built in 1941

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 150
  • Level Lot

Home Design

  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 4 Bedrooms
  • 1,678 Sq Ft Home
  • Finished Basement
  • Basement Fills Entire Space Under The House

Parking

  • 4 Parking Spaces
  • Parking Pad
  • Alley Access
  • On-Street Parking
  • Assigned Parking

Schools

  • Dunlap High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Gas Water Heater
  • Cable TV Available

Community Details

  • Alva Subdivision

Listing and Financial Details

  • Assessor Parcel Number 08-11-156-003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,556

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1941
  • New Construction: No
  • Property Attached Yn: No
  • Structure Type: Duplex Up/Down
  • Attribution Contact: Listings@brysonsmithteam.com
  • Special Features: None

Interior Features

  • Basement: Finished, Full
  • Total Bedrooms: 4
  • Interior Amenities: Cable Available

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Paved
  • Construction Type: Vinyl Siding
  • Foundation Details: Block
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Parking Features: On Street, Parking Pad, Other, Alley Access, Assigned
  • Total Parking Spaces: 4

Utilities

  • Cooling: Central Air
  • Heating: Electric, Forced Air, Natural Gas, Gas Water Heater, Zoned
  • Laundry Features: Private
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfRanges: 2
  • NumberofRefrigerators: 2
  • NumberOfWashers: 2
  • NumberOfDryers: 2
  • NumberOfDishwashers: 0
  • NumberOfWindowUnits: 0

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • AdvertisingExpense: 0

Schools

  • High School: Dunlap

Lot Info

  • Zoning: Residential
  • Lot Size Acres: 0.17
  • Lot Size: 50 x 150
  • Parcel #: 08-11-156-003

Rental Info

  • Tenant Pays: No Utilities
  • Lease Term: Variable

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2555.86
  • TaxExemptions: Homestead Improvement

Multi Family

  • Resident Manager Expense: 11774

Map

Range of Values:

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Average Value
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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 $2,556 $41,590 $5,520 $36,070
2023 $2,399 $39,240 $5,210 $34,030
2022 $2,200 $36,220 $4,800 $31,420
2021 $2,098 $34,490 $4,570 $29,920
2020 $2,044 $33,490 $4,440 $29,050
2019 $2,054 $34,170 $4,530 $29,640
2018 $2,072 $34,800 $4,610 $30,190
2017 $2,198 $36,250 $4,800 $31,450
2016 $2,110 $36,250 $4,800 $31,450
2015 $2,107 $34,860 $4,620 $30,240
2014 $2,056 $35,380 $4,690 $30,690
2013 -- $34,690 $4,600 $30,090
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2025 09/29/25 For Sale $300,000 +275.0% $179 / Sq Ft
01/02/2025 01/02/25 Sold $80,000 0.0% $48 / Sq Ft
12/02/2024 12/02/24 Pending -- -- --
12/02/2024 12/02/24 For Sale $80,000 -- $48 / Sq Ft
Source: RMLS Alliance

Source: RMLS Alliance

MLS Number: PA1261215

RMLS Alliance

APN: 08-11-156-003