724 S Main St Kewanee, IL 61443
Estimated payment $693/month
About This Home
Excellent income-producing investment opportunity! This well-maintained, move-in ready two-story duplex offers outstanding potential for investors or owner to live in one unit and have second unit as rental income. The main-level unit features an inviting eat-in kitchen, two bedrooms, living room, bonus room, and a full bath. New furnace installed December 2018. The spacious upper-level unit offers two bedrooms, an eat-in kitchen, living room, and a full bath, providing desirable living space for tenants. New furnace October 2025 and water heater May 2026. Additional amenities include a detached one-car garage and a convenient location close to downtown shopping, restaurants, schools, and other local amenities, making this property attractive to renters. For added peace of mind, the lead water service line was replaced approximately eight years ago, with a new plastic line installed from the curb box to the water meter. Each unit has its own electrical service, water heater, and furnace. Exterior and interior entrance to basement is only accessible to landlord. Many vinyl replacements windows have been installed. Ample street parking accessible from a concrete back alley. Whether you're expanding your investment portfolio or searching for a property with excellent income potential, this duplex is a smart opportunity with lasting value. Don't miss your chance to own this versatile, income-producing property!
Listing Agent
Dianne DeDecker
Mel Foster Co. Kewanee License #475172360 Listed on: 07/03/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,643
Year Built
- Built in 1907
Lot Details
- 6,970 Sq Ft Lot
- Lot Dimensions are 52x130
- Level Lot
Parking
- 1 Car Detached Garage
Home Design
- Brick Foundation
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Utilities
- Heating System Uses Natural Gas
Community Details
- 2 Units
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $2,643 | $24,828 | $1,147 | $23,681 |
| 2024 | $2,543 | $23,556 | $1,088 | $22,468 |
| 2023 | $2,311 | $20,846 | $963 | $19,883 |
| 2022 | $2,136 | $18,968 | $876 | $18,092 |
| 2021 | $2,043 | $17,563 | $811 | $16,752 |
| 2020 | $2,007 | $17,176 | $793 | $16,383 |
| 2019 | $2,042 | $17,922 | $828 | $17,094 |
| 2018 | $2,109 | $18,362 | $848 | $17,514 |
| 2017 | $2,076 | $18,126 | $837 | $17,289 |
| 2016 | $2,095 | $18,309 | $845 | $17,464 |
| 2015 | $2,186 | $18,003 | $831 | $17,172 |
| 2013 | $2,186 | $18,463 | $853 | $17,610 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/10/2026 07/10/26 | Pending | -- | -- | -- |
| 07/03/2026 07/03/26 | For Sale | $87,500 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12693676
APN: 20-33-454-008
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Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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