401 Van Buren St, MALTA, IL

House

Other

Listed price in listed location currency (USD).

$295,000

846

MLS® 12255869

Key Facts
Description
Rooms
Map

Key Facts

Type Single Family Residence

Levels Residential

Size 3695 sqft

Garage Yes

Taxes $5,786

Days Active 356

Lot Size

Approx. Age

Avg. Price Per Sqft $79

MLS® Number 12255869

Property Address: 401 Van Buren St, MALTA, IL, 60150-9515

Average square foot calculated using Size range provided by listing agent.

Description

IMAGINE OWNING A HOME WHERE YOUR RENTAL INCOME COVERS YOUR MORTGAGE! This unique single family nonconforming home with 2 rental units in the peaceful town of Malta offers a special opportunity to enjoy a spacious primary residence while generating income from two attached apartments. Unit A, the main residence, is a substantial 5-bedroom, 2-bath home with over 2, 200 square feet. With spacious bedrooms, a primary suite featuring an ensuite bath, and a bonus room perfect as a nursery, office, or dressing room/extra closet, this home offers flexibility for all your needs. This unit is filled with character and offers incredible potential to make it your own. This main unit is also equipped with a Generac generator (installed in 2014) for reliable power. Unit B is a comfortable 2-bedroom, 1-bath apartment with 837 square feet of living space, featuring generously sized bedrooms and a bright atmosphere. Ideal for tenants seeking a cozy yet spacious home, this unit offers immediate rental potential. Unit C is a 1-bedroom, 1-bath apartment offering 625 square feet of well-designed space, including a functional kitchen, a large family room with room for a full dining area, and a comfortable bedroom. Perfect for tenants who seek a blend of comfort and practicality! This property has been well-maintained with some recent updates: a new roof and vinyl siding were installed around 2014, four new water heaters (2024), and the landscaping has been refreshed this year. This home offers ample opportunity to add your finishing touches and unlock its full potential! Conveniently located, this property is just 10 minutes from Northern Illinois University, Kishwaukee College, and DeKalb, and a 15-minute drive to Rochelle and Sycamore. Whether you're looking for a home with income potential or an investment to add to your portfolio, this property offers a unique blend of living space and rental opportunity-live comfortably while your investment works for you!

MLS® Number12255869

Laundry LevelIn Unit

Central VacNo

FireplaceNo

Acreage

Exterior

GarageYes

Approx. Age

BasementUnfinished, Full

DrivewayGravel, Garage Door Opener, On Site, Garage Owned, Attached, Driveway, Owned, Garage

Garage Spaces2

Heat

A/C

Heating Fuel

Extras

Similar Listings

Price History

-End Date

Not Sold YetSold Price

Other

Dec 13, 2024List Date

$295,000List Price

Commute

Commute

Starting Address

Destination Address

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