$425,000

527 Prairie St Hinckley, IL 60520

Estimated payment $2,934/month

Total Views 1,378
4 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Ranch Style House
  • Patio
  • Ceiling Fan
  • Hinckley-Big Rock Middle School Rated 9+
  • Shed
  • Paved or Partially Paved Lot

About This Home

Opportunity knocks!! Options Galore! Fully rented duplex in Hinckley! 527 & 531 Prairie Street. 2 separate tax bills, each with a lot size of 50x150 & separate utilities paid by the tenants! Each unit offers 1081 sq ft. & features a large living room, 2 nice sized bedrooms, 1 full bath, large kitchen & dining combo, laundry hook-up, & big yard with concrete patio for outdoor enjoyment. The duplex sits on a fantastic 100x150 lot. Each units offer ample closet space, kitchen appliances, ceiling fans, & 1 car attached garage. There is a nice shed on the property. Unit 531 is full remodeled with new floors, kitchen, & bath! Unit 527 is dated but clean! New Roof 2022, 2 New A/C & Furnaced 2024. Rent both sides, live in one and rent the other side, live in one and sell the other! Great Opportunity!!

Listing Agent

Tracy Behrens

Legacy Properties License #475142726 Listed on: 08/29/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,032

Year Built

  • Built in 1975

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 100x150
  • Paved or Partially Paved Lot
  • Additional Parcels

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Ranch Style House
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Patio
  • Shed

Schools

  • Hinckley Big Rock Elementary Sch
  • Hinckley-Big Rock Middle School
  • Hinckley-Big Rock High School

Utilities

  • Heating System Uses Natural Gas

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $2,100
  • Gross Income $26,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,032

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Year Built: 1975
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Crawl Space, Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Other Equipment: Ceiling Fan(s)
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner,Garage/Space,Laundry Hook-Up,Range Hood
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner,Garage/Space,Laundry Hook-Up,Range Hood

Exterior Features

  • Construction Materials: Brick, Cedar
  • Foundation Details: Concrete Perimeter
  • List Price: 425000
  • OtherStructures: Shed(s)
  • Patio And Porch Features: Patio
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage, On Site, Garage Owned, Attached
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights, Street Paved
  • Conversion YN: N

Schools

  • Elementary School: Hinckley Big Rock Elementary Sch
  • High School: Hinckley-Big Rock High School
  • Middle/Junior School: Hinckley-Big Rock Middle School
  • Middle/Junior School District: 429

Lot Info

  • Additional Parcels Description: 1514177013
  • Additional Parcels: Yes
  • Lot Size Acres: 0.35
  • Lot Dimensions: 100x150
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5

Multi Family

  • Insurance Expense: 2100
  • GrossIncome: 26400
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: Duplex Side by Side

Tax Info

  • Tax Annual Amount: 8031.96
  • Tax Year: 2024
  • Tax Exemptions: None

Map

Range of Values:

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Average Value
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List Price
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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 $4,044 $54,218 $17,013 $37,205
2023 $4,044 $49,402 $15,502 $33,900
2022 $3,698 $44,732 $14,037 $30,695
2021 $3,823 $42,839 $13,443 $29,396
2020 $3,726 $40,924 $12,842 $28,082
2019 $3,678 $40,236 $12,626 $27,610
2018 $3,721 $38,677 $12,137 $26,540
2017 $3,593 $36,392 $11,420 $24,972
2016 $3,492 $34,011 $10,673 $23,338
2015 -- $31,573 $9,908 $21,665
2014 -- $31,242 $9,804 $21,438
2013 -- $31,430 $9,863 $21,567
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2025 08/29/25 For Sale $425,000 -- --
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12459393

Midwest Real Estate Data (MRED)

APN: 15-14-177-012