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...

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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
MLS LogoCopyright 2026 Midwest Real Estate Data LLC. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Listing information is deemed reliable but not guaranteed. MLSNI Member Broker: Vivian Galarza