Seller's Agent in 2025
Mohammad Fatani
Realty One Group Excel
(630) 398-7177
34 Total Sales
Prime Mixed-Use Investment Opportunity in Pecatonica, IL - This 7-unit property at 520 Main St features two vacant storefronts and five apartments, with only one apartment empty for showing. (three 2-bed/1-bath units, one 1-bed/1-bath unit, and one 3-bed/1-bath unit). The current rent roll is under 3k per month currently with vacancies and low rents in place, with significant upside potential - fully leased and at market rents, the property can generate 6k/month. Both storefronts can be rented for 700-900 each, adding substantial income. The apartment units are leased under market and could all be raised as well. All leases are month to month so rents could be easily raised with a 30 day notice. In the past year, there has also been a brand new furnace and water heater put in. The building is entirely separately metered, keeping expenses low and operations efficient. Priced at 400k, with the upside, this is a fantastic value-add opportunity with strong cash flow potential in a historic community.
Last Agent to Sell the Property
Realty One Group Excel License #475202050 Listed on: 03/21/2025
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $250,000 | None Listed On Document | |
| Warranty Deed | $195,000 | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Grant Deed | -- | -- | |
| Deed | $175,000 | -- |
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $175,000 | New Conventional | |
| Previous Owner | $156,000 | New Conventional |
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/29/2025 05/29/25 | Sold | $250,000 | -24.2% | -- |
| 04/29/2025 04/29/25 | Pending | -- | -- | -- |
| 04/19/2025 04/19/25 | Price Changed | $329,990 | -5.7% | -- |
| 04/19/2025 04/19/25 | Price Changed | $349,990 | -6.7% | -- |
| 04/10/2025 04/10/25 | Price Changed | $374,990 | -6.3% | -- |
| 03/21/2025 03/21/25 | For Sale | $399,990 | -- | -- |
| 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 | $5,460 | $70,222 | $6,014 | $64,208 |
| 2023 | $5,309 | $64,112 | $5,491 | $58,621 |
| 2022 | $5,180 | $59,534 | $5,099 | $54,435 |
| 2021 | $5,000 | $55,980 | $4,795 | $51,185 |
| 2020 | $4,928 | $53,930 | $4,619 | $49,311 |
| 2019 | $5,656 | $51,303 | $4,394 | $46,909 |
| 2018 | $5,612 | $52,410 | $4,264 | $48,146 |
| 2017 | $5,719 | $51,352 | $4,178 | $47,174 |
| 2016 | $5,479 | $50,844 | $4,137 | $46,707 |
| 2015 | $5,410 | $50,336 | $4,096 | $46,240 |
| 2014 | $5,239 | $50,336 | $4,096 | $46,240 |
Seller's Agent in 2025
Mohammad Fatani
Realty One Group Excel
(630) 398-7177
34 Total Sales
Buyer's Agent in 2025
Rebecca Hazzard
RE/MAX
(815) 509-8432
445 Total Sales
Source: Midwest Real Estate Data (MRED)
MLS Number: 12317390
APN: 09-28-154-005