406 N James Street, Tolono, IL 61880
Local realty services provided by:CENTURY 21 New Beginnings
406 N James Street,Tolono, IL 61880
$409,900
- 8 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: kierra morris
Office: live real estate group
MLS#:12763116
Source:MLSNI
Price summary
- Price:$409,900
About this home
Excellent investment opportunity in Tolono! This tenant-occupied property includes two separate duplex buildings-406 and 408 N James Street-situated on one PIN, for a total of four units. Each unit offers 2 bedrooms, 1 bathroom, an eat-in kitchen, in-unit laundry, a private patio, and a one-car garage with additional driveway parking. Kitchens include a stove, refrigerator, and dishwasher. Each unit features electric baseboard heat with individually controlled thermostats and forced-air central air conditioning. Tenants are responsible for electricity, water, internet, cable, and trash service. The property has a strong history of long-term tenancy, with current residents occupying their units for approximately 5 to 15 years. Major improvements include roofs replaced in 2016, siding replaced in 2015, and a new water line installed for both buildings in 2024. Additional updates include vinyl plank flooring in the living areas and hallways, along with new carpet in the bedrooms; 406 W currently has carpet in the living room. The central-air system in 408 W was replaced in July 2026, and the system in 408 E was replaced approximately two years ago. A rare opportunity to acquire four established rental units in one transaction!...
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Home facts
- Year built:1978
- Listing ID #:12763116
- Updated:September 23, 2026 at 11:16 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
- Full bathrooms:4
- Rooms Total:16
Heating and cooling
- Heating:Electric
Structure and exterior
- Roof:Asphalt
- Year built:1978
- Lot area:0.4 Acres
Schools
- High school:Unity High School
- Middle school:Unity Junior High School
- Elementary school:Unity West Elementary School
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$409,900
- Tax amount:$5,728 (2025)
Parking
- Total parking spaces:4
- Parking description:Detached Garage, Garage
- Garage:Yes
- Garage spaces:4
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