$89,900

8 1/2 E Main St Mount Morris, IL 61054

Estimated payment $723/month

Total Views 219
-- Bed
-- Bath
2,080 Sq Ft
$43 Price per Sq Ft

Highlights

  • 1-Story Property
  • Coin Laundry
  • 5-minute walk to Mt Morris Skate Park
  • Oregon High School Rated 9+
  • Heating Available

About This Home

Opportunity Knocks in Mt. Morris! This fully occupied 3-4 unit apartment building is conveniently located just steps from downtown Mt. Morris. Featuring a newer roof and replacement windows, this investment property is well-maintained and ready for its next owner. Each of the one-bedroom apartments comes equipped with a stove and refrigerator, plus tenants enjoy the convenience of on-site coin laundry. With separate utilities, off street parking on a blacktop drive for four cars, and long-term tenants providing steady cash flow, this is a fantastic opportunity to grow your investment portfolio.

Listing Agent

Carla Benesh

Re/Max of Rock Valley License #471010258 Listed on: 08/22/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,802

Year Built

  • Built in 1950

Home Design

  • Shingle Roof
  • Concrete Siding

Interior Spaces

  • 2,080 Sq Ft Home
  • 1-Story Property
  • Basement Fills Entire Space Under The House

Kitchen

  • Stove
  • Range

Laundry

  • Dryer
  • Washer

Parking

  • 4 Car Parking Spaces
  • Additional Parking

Schools

  • Oregon Elementary School
  • Oregon Middle School
  • Oregon High School

Utilities

  • Heating Available
  • Separate Meters
  • Electric Water Heater

Community Details

Overview

  • 3 Units
  • 1-Story Building

Amenities

  • Coin Laundry

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,802

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Electric: Circuit Breaker
  • Appliances That Stay or Are Included: Dryer, Refrigerator, Stove/Cooktop, Washer
  • Class: MULTIFAMILY
  • Estimated Above Grade Sq Ft: 2080
  • General Features: Additional Parking, Laundry in Building, Main Floor Primary
  • Grid: O5
  • Legal Description: Per Title
  • Lvt Date: 08/22/2025
  • Style: 1 Story
  • Type: 3 - 4 Units
  • Number Of Floors In Bldg: 1
  • Number Of Tenants In Bldg: 3
  • Number Of Units In Bldg: 3
  • Agent Only_ L A1 User Code: 3222
  • Elementary School: Oregon Elementary
  • Estimated Total Finished Sq Ft: 2080
  • Hold Earnest Money Y N: No
  • Pertinent Facts: Opportunity Knocks in Mt. Morris! This fully occupied 3-4 unit apartment building is conveniently located just steps from downtown Mt. Morris. Featuring a newer roof and replacement windows, this investment property is well-maintained and ready for its next owner. Each of the one-bedroom apartments comes equipped with a stove and refrigerator, plus tenants enjoy the convenience of on-site coin laundry. With separate utilities, off street parking on a blacktop drive for four cars, and long-term tenants providing steady cash flow, this is a fantastic opportunity to grow your investment portfolio.
  • Designated Managing Broker Y N: No
  • Separate Electric: Yes
  • Separate Heat: Yes
  • Separate Water Y N: No
  • Washer Dryer Coin Operated: Yes
  • Washer Dryer Hookups: No
  • Washer Dryer: No
  • Estimated Above Grade Sq Ft: 2080
  • L O1 Brokerage Number: 478026891
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Type: Full
  • Price Per Sq Ft: 43.22
  • Basement: Yes

Exterior Features

  • Exterior: Concrete Block
  • Roof: Shingle

Garage/Parking

  • Total Numberof Parking Spaces: 4

Utilities

  • Heating: Electric
  • Sewer: City
  • Water: City
  • Water Heater: Electric
  • Separate Utilities: Yes

Schools

  • School District: Oregon 220
  • Elementary School: Oregon Elementary
  • Middle School: Oregon
  • High School: Oregon High

Building Info

  • Year Built: 1950

Tax Info

  • Year: 2024
  • Taxes: 2802

MLS Schools

  • HighSchool: Oregon High
  • School District: Oregon 220
  • Middle School: Oregon

Map

Range of Values:

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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 $3,058 $31,538 $3,265 $28,273
2023 $2,804 $29,011 $3,003 $26,008
2022 $2,682 $26,643 $2,758 $23,885
2021 $2,520 $24,692 $2,556 $22,136
2020 $2,383 $22,986 $2,379 $20,607
2019 $2,261 $21,788 $2,255 $19,533
2018 $2,085 $20,554 $2,127 $18,427
2017 $2,093 $20,554 $2,127 $18,427
2016 $2,094 $20,554 $2,127 $18,427
2015 $2,077 $20,554 $2,127 $18,427
2014 $3,041 $20,554 $2,127 $18,427
2013 $3,048 $31,418 $2,277 $29,141
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2025 08/22/25 For Sale $89,900 -- $43 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $60,000 No Value Available
Source: Public Records

Similar Home in Mount Morris, IL

  • 8 1/2 E Main St, Mount Morris, IL 61054

    $89,900

    • 3 Beds
    • 3 Baths
    • 8 1/2 E Main St
    • Mount Morris, IL

    Opportunity Knocks in Mt. Morris! This fully occupied 3-4 unit apartment building is conveniently located just steps from downtown Mt. Morris. Featuring a newer roof and replacement windows, this investment property is well maintained and ready for its next owner. Each of the one-bedroom apartments comes equipped with a stove and refrigerator, plus tenants enjoy the convenience of on site coin

    Carla Benesh RE/MAX of Rock Valley

    Section Image
See All Homes in Mount Morris

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202505149

NorthWest Illinois Alliance of REALTORS®

APN: 08-27-428-012

Illinois Ogle County Mount Morris 61054

8 1/2 E Main St, Mount Morris, IL

This home is located at 8 1/2 E Main St, Mount Morris, IL 61054 and is currently priced at $89,900, approximately $43 per square foot. This property was built in 1950. 8 1/2 E Main St is a home located in Ogle County with nearby schools including Oregon Elementary School, David L. Rahn Junior High School, and Oregon High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

NorthWest Illinois Alliance of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Carla Benesh
Listing Agent
Carla Benesh
Section Image
Re/Max of Rock Valley
(779) 228-4176