$249,000
$20K PRICE DROP

507 Pearl St Sabula, IA 52070

Estimated payment $1,420/month

Total Views 2,056
Studio
-- Bath
1,998 Sq Ft
$125 Price per Sq Ft

Highlights

  • Porch
  • Hot Water Heating System
  • 3-minute walk to South Sabula Lake Park

About This Home

REVAMPED DUPLEX THAT SITS IN THE BUSINESS DISTRICT OF SABULA AND OFFERS WONDERFUL RIVERVIEWS, PROPERTY SITS TO THE FRONT OF PEARL STREET AND TO THE REAR OF RIVER STREET, WAS ONCE THE POST OFFICE, CAN BE ADDED ONTO RIGHT TO THE PROPERTY LINE, ENOUGH SPACE FOR GARAGE WITH ROOF TOP DECK, OR WHATEVER NEW OWNER CAN IMAGINE TO ENHANCE LIVING IN THE SMALL ISLAND TOWN OF SABULA, INTERIOR APARTMENTS HAVE BEEN UPDATED WITH LAMINET FLOORING, WALLS, APPLIANCES ETC. UPSTAIRS APARTMENT HAS A BACK ENCLOSED INSULATED PORCH WITH LARGE WINDOW FOR RIVER WATCHING, BOTH APARTMENTS HAVE OPEN LIVNG SPACES, UPSTAIRS APT VACANT AS OF 3/31/2026...A GREAT OPPORTUNITY TO HAVE A RIVER PROPERTY WITH A TENANT TO HELP PAY EXPENSES.

Listing Agent

Deanna Shepherd

MEL FOSTER CO. License #471007664 Listed on: 03/11/2026

MEL FOSTER CO.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,090

Year Built

  • Built in 1864

Home Design

  • Duplex
  • Metal Roof
  • Metal Siding

Interior Spaces

  • 1,998 Sq Ft Home
  • 2-Story Property
  • Basement

Kitchen

  • Stove
  • Range

Laundry

  • Laundry in unit
  • Washer and Dryer Hookup

Outdoor Features

  • Porch

Utilities

  • Heating System Uses Natural Gas
  • Hot Water Heating System
  • Separate Meters
  • Electric Water Heater

Community Details

Overview

  • 2 Units
  • 2-Story Building

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,090

Year Built

Built in 1864

Lot Details

3,398 Sq Ft Lot

Listing Details

  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Stove/Cooktop
  • Class: MULTIFAMILY
  • Estimated Above Grade Sq Ft: 999
  • General Features: Laundry in Building, Laundry in Unit, Main Floor Primary, Porch 4 Season
  • Legal Description: To follow
  • Lvt Date: 03/11/2026
  • Style: 2 Story
  • Type: 2 Units
  • Number Of Floors In Bldg: 2
  • Number Of Tenants In Bldg: 1
  • Number Of Units In Bldg: 2
  • Utilities Yr: 100
  • Agent Only_ L A1 User Code: F_3867
  • Elementary School: Other/Outside Area
  • Estimated Total Finished Sq Ft: 1998
  • Hold Earnest Money Y N: Yes
  • Pertinent Facts: REVAMPED DUPLEX THAT SITS IN THE BUSINESS DISTRICT OF SABULA AND OFFERS WONDERFUL RIVERVIEWS, PROPERTY SITS TO THE FRONT OF PEARL STREET AND TO THE REAR OF RIVER STREET, WAS ONCE THE POST OFFICE, CAN BE ADDED ONTO RIGHT TO THE PROPERTY LINE, ENOUGH SPACE FOR GARAGE WITH ROOF TOP DECK, OR WHATEVER NEW OWNER CAN IMAGINE TO ENHANCE LIVING IN THE SMALL ISLAND TOWN OF SABULA, INTERIOR APARTMENTS HAVE BEEN UPDATED WITH LAMINET FLOORING, WALLS, APPLIANCES ETC. UPSTAIRS APARTMENT HAS A BACK ENCLOSED INSULATED PORCH WITH LARGE WINDOW FOR RIVER WATCHING, BOTH APARTMENTS HAVE OPEN LIVNG SPACES, UPSTAIRS APT VACANT AS OF 3/31/2026...A GREAT OPPORTUNITY TO HAVE A RIVER PROPERTY WITH A TENANT TO HELP PAY EXPENSES.
  • Designated Managing Broker Y N: Yes
  • Separate Electric: Yes
  • Separate Heat: Yes
  • Separate Water Y N: No
  • Washer Dryer Coin Operated: No
  • Washer Dryer Hookups: Yes
  • Washer Dryer: No
  • Estimated Above Grade Sq Ft: 1998
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Basement: Yes

Exterior Features

  • Exterior: Metal
  • Roof: Metal

Utilities

  • Heating: Hot Water/Steam, Natural Gas
  • Sewer: City
  • Water: City
  • Water Heater: Electric
  • Separate Utilities: Yes

Building Info

  • Year Built: 1864

Tax Info

  • Year: 2024
  • Taxes: 1090

MLS Schools

  • HighSchool: Other/Outside Area
  • School District: Other/Outside Area
  • Middle School: Other/Outside Area

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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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
2025 $1,090 $72,500 $22,400 $50,100
2024 $1,040 $63,500 $22,400 $41,100
2023 $1,040 $63,500 $22,400 $41,100
2022 $796 $52,200 $22,400 $29,800
2021 $842 $52,200 $22,400 $29,800
2020 $842 $53,400 $22,400 $31,000
2019 $842 $53,400 $0 $0
2018 $758 $53,400 $0 $0
2017 $758 $54,100 $0 $0
2016 $888 $54,100 $0 $0
2015 $888 $54,100 $0 $0
2014 $866 $54,100 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/26/2026 03/26/26 Price Changed $249,000 -7.4% $125 / Sq Ft
03/11/2026 03/11/26 For Sale $269,000 -- $135 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202601300

NorthWest Illinois Alliance of REALTORS®

APN: 902220180004000

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