705 E Chestnut St Mason City, IL 62664
Estimated payment $981/month
Highlights
- Corner Lot
- Two Heating Systems
- Baseboard Heating
- Forced Air Zoned Cooling and Heating System
About This Home
Situated on a large 125X150 corner lot in the quaint Mason County town of Mason City, this expansive aluminum sided two story four-unit multi-family property has a lot to offer at a practical price! Two main floor units as well as two upper-level units -- all have shared coin operated laundry facilities located on main floor. One main floor unit (1) has two bedrooms -- the other (2) has one bedroom. Both tenants pay for own Ameren (gas/electric) -- sellers cover water, sewer, and garbage. Unit #2 is currently vacant -- unit #1 is currently rented for $725.00/month. One upper-level unit (4) has two bedrooms -- the other (3) has one bedroom. Upper-level tenants rent includes Ameren (gas/electric) -- seller also covers water, sewer, and garbage. Unit #3 is currently rented for $825.00/month -- unit #4 is currently rented for $750.00/month. Main floor units have separate furnaces as well as a central air conditioning units -- upper-level units share a furnace and have window air conditioning (no central air upstairs). Enclosed back porch/laundry area has electric baseboard heat. All range/ovens (4) as well as refrigerators (4) are owned by sellers. Property also features a partial basement, covered front porch, two water heaters, various vinyl replacement windows throughout, and ample rear as well as side off-street parking. Various improvements throughout in recent years make this small-town income producing property all the more desirable! A super solid buy!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,290
Year Built
- Built in 1899
Lot Details
- Lot Dimensions are 125x150
- Corner Lot
- Level Lot
Home Design
- 3,483 Sq Ft Home
- Block Foundation
- Shingle Roof
- Metal Roof
- Aluminum Siding
- Concrete Perimeter Foundation
Bedrooms and Bathrooms
- 6 Bedrooms
Unfinished Basement
- Partial Basement
- Crawl Space
Parking
- 8 Parking Spaces
- Parking Pad
- Alley Access
- On-Street Parking
Schools
- Illini Central High School
Utilities
- Forced Air Zoned Cooling and Heating System
- Two Heating Systems
- Heating System Uses Natural Gas
- Window Unit Heating System
- Baseboard Heating
Listing and Financial Details
- Assessor Parcel Number 20-08-152-001
Map
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 | $2,290 | $25,253 | $8,744 | $16,509 |
| 2023 | $2,290 | $23,329 | $8,078 | $15,251 |
| 2022 | $2,078 | $21,212 | $7,345 | $13,867 |
| 2021 | $2,078 | $19,659 | $6,807 | $12,852 |
| 2020 | $2,134 | $19,659 | $6,807 | $12,852 |
| 2019 | $2,702 | $24,946 | $6,807 | $18,139 |
| 2018 | $2,683 | $24,946 | $6,807 | $18,139 |
| 2017 | $2,722 | $24,946 | $6,807 | $18,139 |
| 2016 | $2,697 | $24,946 | $6,807 | $18,139 |
| 2015 | $2,765 | $24,946 | $6,807 | $18,139 |
| 2012 | $2,765 | $24,946 | $6,807 | $18,139 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/26/2026 04/26/26 | Pending | -- | -- | -- |
| 03/23/2026 03/23/26 | For Sale | $150,000 | -- | $43 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $74,000 | None Listed On Document | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | $30,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $74,000 | New Conventional |
Source: RMLS Alliance
MLS Number: CA1042522
APN: 20-08-152-001
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Ask me questions while you tour the home.