Closed

$315,000

203 Newman Street, Durand, IL 61024
4 days
203 Newman Street·Durand, IL 61024
1977Year Built
About This Home

Welcome to a unique investment opportunity in the charming town of Durand, Illinois! This well-maintained multi-family property features five one-bedroom units, each currently occupied by long-term tenants with the exception of one vacant unit. Each unit is in excellent condition, ensuring a hassle-free investment. All units come equipped with stackable washers and dryers, and all appliances are included in the sale. Enjoy generous living & dining areas, perfect for relaxation and entertaining. Each apartment boasts its own private patio, providing outdoor space for tenants to enjoy. A five-stall detached garage offers additional storage options for tenants or the potential for extra rental income. The property features a sizable yard with no neighbors behind, ensuring privacy and a peaceful environment. Roof was replaced in 2014, along with windows in 2006. All doors are 36 inches wide. Easy to rent & good return. This multi-family property is a rare find in Durand, making it an excellent investment opportunity or a perfect addition to your real estate portfolio. Don't miss out on this chance to own a piece of this quaint town!

MLS# 12478573Listed September 23, 2025Commercial Sale
Property Details

Beds & Baths

Size & Structure

Fireplaces0
Year Built1977
Lot Size0.470 acres

Location

CountyWinnebago
Zip Code61024

Financial

List Price$315,000
Annual Taxes (2024)$6,891
Monthly Tax Est.$574
Parcel #0515229003
Interior Features

Basement

None
Exterior & Lot

Construction

Vinyl SidingBrick

Roof

Composition
Utilities & Parking

Electric

Circuit Breakers
Tax & Financial
Annual Taxes
$6,891
Tax Year 2024
Monthly Tax Est.
$574
per month
Property Location

203 Newman Street, Durand, IL 61024 — Winnebago County

$315,000
203 Newman Street
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
4 days on market
0.470 acres
$6,891/yr taxes
$2,230
estimated monthly payment
Principal & Interest
$1,655/mo
Property Tax
$574/mo
$315,000
20% — $63,000
3%50%
6.875%
3%12%
Loan Amount
$252,000
Down Payment
$63,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Keller Williams Realty Signature
Agent: Milena Cojkic
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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