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501 N Third Street, Villa Grove, IL 61956

Villa Grove
Local realty services provided by:CENTURY 21 New Heritage
501 N Third Street,Villa Grove, IL 61956
$140,000
  • 3 Beds
  • 1 Baths
  • 1,408 sq. ft.
  • Single family
  • Active
Listed by: cassandra eversole-gunter
Office: heartland real estate of central illinois, inc
MLS#:12583733
Source:MLSNI

Price summary

  • Price:$140,000
  • Price per sq. ft.:$99.43

About this home

501 N THIRD AND 506 E WILSON Investment Opportunity - Two Homes for One Price! Don't miss this unique opportunity to own two homes for just $140,000! Whether you're looking for an income-producing property or a flexible living arrangement, this property offers incredible potential. The front house features 3 bedrooms and 1 full bathroom, providing comfortable living space with plenty of room. The back house includes 2 bedrooms and 1 bathroom, perfect for extended family, guests, or rental income. Both homes are in very nice condition, making this a move-in ready investment with multiple possibilities: Live in one home and rent the other for extra income Create a mother-in-law or guest quarters Use as a dual rental property for strong investment potential Ideal for multi-generational living Properties with this kind of flexibility are rare. With two homes on one property, the options are endless! Schedule a showing today and explore the possibilities!

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Home facts

  • Year built:1919
  • Listing ID #:12583733
  • Added:1 day(s) ago
  • Updated:March 05, 2026 at 11:58 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:1
  • Full bathrooms:1
  • Rooms Total:5
  • Kitchen Description:Gas Cooktop, Gas Oven, Refrigerator
  • Basement:Yes
  • Living area:1,408 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Natural Gas

Structure and exterior

  • Year built:1919
  • Building area:1,408 sq. ft.
  • Lot area:0.18 Acres
  • Levels:1 Story

Schools

  • High school:Villa Grove High School
  • Middle school:Villa Grove Junior High School
  • Elementary school:Villa Grove Elementary School

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$140,000
  • Price per sq. ft.:$99.43
  • Tax amount:$1,789 (2024)
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