$299,000

Estimated payment $2,185/month

Total Views 7,538
5 Beds
4 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Solid 4-Unit Investment Property in Polo with Country Views! This well-maintained 4-family building offers an excellent rental history and strong cash flow, making it a standout investment opportunity in Polo. Situated on the edge of town, tenants enjoy peaceful country views with the convenience of nearby amenities. The property includes: Three 1-bedroom units, One spacious 2-bedroom unit, Four beautifully updated bathrooms featuring gorgeous tile showers, Private garage space for each unit and On-site coin-operated laundry for added tenant convenience Tenants love the quiet setting, modern finishes, and well-kept grounds, while investors appreciate the low vacancy and consistent returns. Whether you're looking to expand your portfolio or jump into multi-family investing, this is a turnkey opportunity. Bundle Opportunity: Buy this property individually or bundle with 107 S Franklin and 305 S Prairie, Polo for a discounted package pricing! Reach out today for rent rolls, financials, or to schedule a private tour!

Listing Agent

Rebecca Hazzard

RE/MAX of Rock Valley License #471019445 Listed on: 05/23/2025

RE/MAX of Rock Valley

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,358

Lot Details

  • 0.66 Acre Lot
  • Lot Dimensions are 110x264

Parking

  • 4 Car Garage
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 4 Bathrooms

Utilities

  • Heating Available

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,358

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: 100+ Years
  • Built Before 1978 (Y/N): No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 5
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator
  • Room: 4

Exterior Features

  • Construction Materials: Vinyl Siding
  • Foundation Details: Concrete Perimeter
  • List Price: 299000
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: On Site, Garage Owned, Detached, Garage
  • ParkingTotal: 10

Utilities

  • Sewer: Public Sewer
  • Heating: Electric
  • Water Source: Public

Schools

  • Middle/Junior School District: 222

Lot Info

  • Lot Size Acres: 0.66
  • Lot Dimensions: 110X264
  • Lot Size: .50-.99 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 19
  • Is Parking Included in Price: Yes
  • TenantPays: All

Tax Info

  • Tax Annual Amount: 6358
  • Tax Year: 2024
  • Tax Exemptions: None

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $6,359 $67,649 $8,456 $59,193
2023 $5,915 $67,649 $8,456 $59,193
2022 $5,636 $62,895 $7,862 $55,033
2021 $5,347 $57,502 $7,188 $50,314
2020 $4,978 $52,038 $6,505 $45,533
2019 $4,890 $51,017 $6,377 $44,640
2018 $4,871 $51,017 $6,377 $44,640
2017 $4,820 $50,367 $6,296 $44,071
2016 $4,667 $48,000 $6,000 $42,000
2015 $5,373 $58,601 $6,222 $52,379
2014 $5,421 $58,601 $6,222 $52,379
2013 $5,582 $60,172 $6,389 $53,783
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2025 05/23/25 For Sale $299,000 -- $93 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Similar Homes in Polo, IL

  • 701 W Oregon St, Polo, IL 61064

    $299,000

    • Studio
    • 3,200 Sq Ft
    • 701 W Oregon St
    • Polo, IL

    Solid 4-Unit Investment Property in Polo with Country Views! This well-maintained 4-family building offers an excellent rental history and strong cash flow, making it a standout investment opportunity in Polo. Situated on the edge of town, tenants enjoy peaceful country views with the convenience of nearby amenities. The property includes: Three 1-bedroom units, One spacious 2-bedroom unit, Four

    Rebecca Hazzard Re/Max of Rock Valley

    Section Image
  • 305 S Prairie Ave, Polo, IL 61064

    $299,000

    • Studio
    • 3,392 Sq Ft
    • 305 S Prairie Ave
    • Polo, IL

    Prime 4-Unit Investment Property in Polo – Strong Rental History! This well-kept 4-family building in Polo is a smart addition to any investment portfolio. With an excellent rental history and strong tenant appeal, this property is ideally located near schools, downtown, and the popular Polo pool—making it a convenient and desirable place to live. The property features: Three 2-bedroom units,

    Rebecca Hazzard Re/Max of Rock Valley

    Section Image

Source: Midwest Real Estate Data (MRED)

MLS Number: 12373136

Midwest Real Estate Data (MRED)

APN: 14-16-301-015