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    1 home
    1 result available
    Closed Mar 28, 2025
    313 N Main Street, Montgomery, IL 60538
    $550,000
    8,184sqft
    0.19acres
    Commercial Multi-housing for Sale

    313 N Main Street, Montgomery, IL 60538

    Listing by: Compass
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    Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
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    Chicagoland Homes
    313 N Main Street, Montgomery, IL 60538
    Closed Mar 28, 2025
    $550,000
    8,184sqft
    0.19acres

    313 N Main Street, Montgomery, IL 60538

    Commercial Multi-housing for Sale by Keith McMahonCompass.

    Data checked 5 mins ago. Listing last updated 29 days ago.
    1. Overview
    2. Details
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    What a find! This property consists of two separate buildings under one PIN number! 313 N Main is a 2 bed 1 bath single family home with a full basement & 315 N Main is a 4 unit building. All 5 units are currently leased, and there is a massive value add opportunity as several rents are below market. 313 N Main roof, furnace & water heater are less than 5 years old. 315 N Main roof & furnaces are approximately 5 years old. Each unit in 315 building has its own furnace. 315 N Main consists of a 1 bed 1 bath, (2) 2 beds 1 bath, and a 2 bed 2 bath unit that also leases the basement. Property is located in Downtown Montgomery - your tenants will enjoy walking to restaurants, riverfront & more. Low overhead property! 313 N Main pays all of their own utilities and also takes care of lawn mowing for both buildings. Tenants take care of their own snow removal - not an owner expense! At 315 N Main owner is responsible for water, sewer & garbage. Tenants are responsible for gas & electric.

    Internet Serviceability
    Details
      Property type
    Commercial Sale
      Year built
    1910
      Heating
    -
      Cooling
    Central Air
      Garage
    No
      Parking spots
    -
    MRD12270224
    MLS ID
    Closed
    Status
    Mar 28, 2025
    Closed
      Pets allowed
    Lot features
    Monthly taxes
    $765
    Yearly taxes
    $9,179.9
    Schools
    -
    Maintenance
    -
    Additional Fees
    -
    Fees Include
    None
    Open Houses
    In-Person
    No upcoming in-person open houses
    Virtual
    No upcoming virtual open houses
    Contact Agent
    Keith McMahon
    Keith McMahon
    REALTOR®, Compass
    Direct 
     
    Location
    Webster Street to north on N.Main Street. This offer consists of 313 & 315 N. Main Street.
    For Sale Nearby
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    Listing by: Coldwell Banker Real Estate Group
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    1250 DOUGLAS Drive, Oswego, IL 60543
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    Listing by: Green Equities LLC
    Recently Sold
    No nearby homes have been Recently Sold.
    313 N Main Street, Montgomery, IL 60538, is a 0.19 acres, 8184 sqft. Multi Family built in 1910. This property is currently available for sale and was listed on Mainstreet REALTORS® on 1-16-2025. The MLS# for this Multi Family is MLS# MRD12270224.
    Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
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