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503 W Main Street, Elmwood, IL 61529

Elmwood
Local realty services provided by:CENTURY 21 House of Realty, Inc.
503 W Main Street,Elmwood, IL 61529
$148,000
  • - Beds
  • - Baths
  • 2,764 sq. ft.
  • Multi-family
  • Pending
Listed by: lisa inman
Office: move smart realty
MLS#:PA1265170
Source:IL_CAAR

Price summary

  • Price:$148,000
  • Price per sq. ft.:$53.55

About this home

4-unit, 2-story apartment building located in the heart of Elmwood just one block off the square, offering a prime location with strong rental appeal. This fully occupied property provides immediate income and features a solid layout with all units currently leased. Recent updates include a newer furnace and two water heaters, helping reduce future capital expenses. Situated in a convenient, walkable area close to local shops, dining, and amenities, this property presents a great opportunity for investors looking to add to their portfolio or for those seeking a value-add property with upside potential.

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Home facts

  • Year built:9999
  • Listing ID #:PA1265170
  • Added:10 day(s) ago
  • Updated:April 07, 2026 at 02:22 AM

Rooms and interior

  • Basement:Yes
  • Basement Description:Full
  • Living area:2,764 sq. ft.

Heating and cooling

  • Heating:Gas Water Heater, Hot Water, Window Unit(s)

Structure and exterior

  • Roof:Shingle
  • Year built:9999
  • Building area:2,764 sq. ft.
  • Construction Materials:Aluminum Siding

Schools

  • High school:Elmwood

Utilities

  • Water:Public

Finances and disclosures

  • Price:$148,000
  • Price per sq. ft.:$53.55
  • Tax amount:$4,391 (2024)

Parking

  • Total parking spaces:6
  • Parking description:Assigned

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