$60,000
$96K PRICE DROP

5421 W Main St Monee, IL 60449

Estimated payment $386/month

Total Views 21,237
4 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Excellent investment opportunity! Nice 2 flat in the heart of Old Monee! The First-floor unit was a commercial space converted into a two-bedroom apartment with a an open living space. The second floor unit has 2 bedrooms and updated bath. One of the bedrooms has access to balcony. Building is Illegal Non-Conforming use per village. Located within a mile of interstate 57 from this downtown Monee location. Sold As Is. Buyer responsible for all Village required repairs and escrow, if needed. Building is being sold as is.

Listing Agent

Trevor Nightengale

Basis Real Estate Group License #471007688 Listed on: 03/27/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900 | Remodeled in 2020

Lot Details

  • 4,356 Sq Ft Lot
  • Paved or Partially Paved Lot

Home Design

  • Asphalt Roof

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 3 Parking Spaces
  • On-Street Parking
  • Parking Included in Price

Additional Features

  • Partial Basement
  • Balcony
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • 2 Flat

Property Details

Home Type

Multi-Family

Year Built

Built in 1900 | Remodeled in 2020

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Interstate Access,Historical District
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2020
  • Special Features: Auction
  • Property Sub Type: MultiFamily
  • Year Renovated: 2020

Interior Features

  • Basement: Unfinished, Partial
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Construction Materials: Aluminum Siding
  • ExteriorFeatures: Balcony
  • List Price: 60000
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Parking Features: Side Apron, On Site, Owned
  • ParkingTotal: 3

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Schools

  • Middle/Junior School District: 201U

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.1
  • Lot Dimensions: 4321 SQ. FT.
  • Zoning: COMMR
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5304
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Map

Range of Values:

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Average Value
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List Price
Sold 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
2023 $4,804 $46,069 $14,210 $31,859
2022 $4,960 $42,000 $12,500 $29,500
2021 $5,214 $42,000 $12,500 $29,500
2020 $5,383 $42,000 $12,500 $29,500
2019 $5,538 $42,000 $12,500 $29,500
2018 $5,741 $42,900 $12,500 $30,400
2017 $5,877 $42,900 $12,500 $30,400
2016 $5,987 $42,900 $12,500 $30,400
2015 $5,864 $42,900 $12,500 $30,400
2014 $5,864 $42,900 $12,500 $30,400
2013 $5,864 $44,500 $12,500 $32,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2025 08/28/25 Price Changed $60,000 -36.8% --
08/28/2025 08/28/25 Price Changed $94,900 -9.5% --
07/28/2025 07/28/25 Price Changed $104,900 -7.9% --
06/25/2025 06/25/25 Price Changed $113,900 0.0% --
06/25/2025 06/25/25 For Sale $113,900 -9.9% --
06/24/2025 06/24/25 Off Market $126,360 -- --
05/22/2025 05/22/25 Price Changed $126,360 -10.0% --
04/24/2025 04/24/25 Price Changed $140,400 -10.0% --
03/27/2025 03/27/25 For Sale $156,000 -- --
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Sheriffs Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Corporate Deed $35,000 Chicago Title Insurance Co
Sheriffs Deed -- --
Legal Action Court Order -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $113,750 Commercial
Previous Owner $75,000 Commercial
Previous Owner $37,000 Commercial
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12323909

Midwest Real Estate Data (MRED)

APN: 21-14-21-314-004