$575,000
PENDING

555 E Madison St Riverton, IL 62561

Estimated payment $3,731/month

Total Views 1,073
8 Beds
-- Bath
4,800 Sq Ft
$120 Price per Sq Ft

Highlights

  • 10 Car Detached Garage
  • Guest Parking
  • Level Lot
  • Storage
  • Forced Air Heating and Cooling System

About This Home

Well maintained, 10 total units including an all brick 8-plex with eight 2 BR, 1 BA units. 4-car detached garage, all brick with two 1 BR, 1 BA units above. Landlord pays for garbage, water/sewer. Two-coin operated laundry rooms. The 4-car garage offers storage or could be additional rent income--it also has a bathroom. Rent roll and expense report in Documents. NEW ROOF WILL BE INSTALLED ON THE MAIN 8-PLEX. Please give 24 hour notice for all showings.

Listing Agent

Debra Sarsany

The Real Estate Group, Inc. Brokerage Phone: 217-313-0580 License #475118739 Listed on: 02/10/2026

The Real Estate Group, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,333

Year Built

  • Built in 1991

Lot Details

  • Lot Dimensions are 107x170
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 8 Bedrooms
  • 4,800 Sq Ft Home
  • Storage

Parking

  • 10 Car Detached Garage
  • Parking Pad
  • Guest Parking

Schools

  • Riverton District #14 High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Trash Expense $1,440

Listing and Financial Details

  • Assessor Parcel Number 15090476009

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,333

Year Built

Built in 1991

Lot Details

0 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1991
  • New Construction: No
  • Structure Type: Two or More Story
  • Attribution Contact: Mobl: 217-313-0580
  • Special Features: None

Interior Features

  • Basement: None
  • Total Bedrooms: 8
  • Interior Amenities: Storage

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Paved
  • Construction Type: Brick
  • Foundation Details: Slab
  • Roof: Shingle
  • 100YearPlain: Unknown

Garage/Parking

  • Parking Features: Detached, Guest, Parking Pad
  • Total Parking Spaces: 10

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Natural Gas
  • Laundry Features: Common Area
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfRanges: 10
  • NumberofRefrigerators: 10
  • NumberOfWashers: 2
  • NumberOfDryers: 2
  • NumberOfDishwashers: 10
  • NumberOfWindowUnits: 0

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Trash Expense: 1440
  • AdvertisingExpense: 0

Schools

  • High School: Riverton District #14

Lot Info

  • Lot Size: 107x170
  • Parcel #: 15090476009

Rental Info

  • Lease Term: Variable

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 9333.2
  • TaxExemptions: None

Map

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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 $9,333 $138,891 $8,344 $130,547
2023 $8,703 $128,472 $7,718 $120,754
2022 $8,654 $119,576 $7,184 $112,392
2021 $8,420 $114,580 $6,884 $107,696
2020 $8,228 $113,840 $6,840 $107,000
2019 $11,298 $159,931 $6,938 $152,993
2018 $10,877 $156,964 $6,809 $150,155
2017 $10,635 $152,645 $6,622 $146,023
2016 $10,389 $147,955 $6,419 $141,536
2015 $10,216 $143,855 $6,241 $137,614
2014 $9,984 $141,603 $6,143 $135,460
2013 $9,939 $142,933 $6,201 $136,732
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/16/2026 02/16/26 Pending -- -- --
02/10/2026 02/10/26 For Sale $575,000 +76.9% $120 / Sq Ft
10/25/2017 10/25/17 Sold $325,000 -7.1% -- View Prior Sale
09/18/2017 09/18/17 Pending -- -- --
09/12/2017 09/12/17 For Sale $350,000 -- --
Source: RMLS Alliance

Purchase History

Date Type Sale Price Title Company
Executors Deed $325,000 Illinois Real Estate Title Cen
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $260,000 New Conventional
Source: Public Records

Source: RMLS Alliance

MLS Number: CA1041690

RMLS Alliance

APN: 15-09.0-476-009

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