ClosedPrice Reduced

$189,900

$219,900
406 3rd Street, Malta, IL 60150
5 Beds3 Baths66 days
406 3rd Street·Malta, IL 60150
5Bedrooms
3Bathrooms
About This Home

Check out this prime 3-unit investment in Malta that offers an excellent opportunity for steady rental income! Situated on a spacious double lot under one PIN number, the building features separate entrances, utilities, and ample living space for each tenant. Recent updates to the property include a new roof and gutters (2019), newer carpet in Unit 3 (2022), updated windows, electrical service, and two new water heaters, as well as a new fridge, front door, and foundation repairs. In 2024, additional improvements were made with the replacement of the front stairs and the installation of new soffit and fascia. The property also offers plenty of off-street parking, a fenced in area for dogs, & a large backyard with plenty of privacy! This property is conveniently located near DeKalb & Northern Illinois University, making it ideal for student or faculty housing. With easy access to Route 38 and I-88, residents can quickly reach surrounding areas like Sycamore and Cortland. Additionally, it's close to the Shabbona Lake State Park, schools, healthcare centers, and has everything you need with a touch of country living! Schedule a showing today!

MLS# 12273690Listed January 20, 2025Residential Income
Property Details

Beds & Baths

Total Bedrooms5
Total Bathrooms3
Total Rooms11

Size & Structure

Lot Size0.450 acres

Location

CountyDeKalb
TownshipMalta
Zip Code60150

Financial

List Price$189,900
Original Price$219,900
Annual Taxes (2023)$3,087
Monthly Tax Est.$257
Parcel #0723108005
Interior Features

Heating

Natural Gas

Basement

UnfinishedPartial
Exterior & Lot

Construction

Aluminum Siding

Roof

Asphalt
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

On SiteOwned
Tax & Financial
Annual Taxes
$3,087
Tax Year 2023
Monthly Tax Est.
$257
per month
Price Reduced by $30,000
Original list price: $219,900
Property Location

406 3rd Street, Malta, IL 60150 — DeKalb County

$189,900
406 3rd Street
5 bd3 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
66 days on market
0.450 acres
$3,087/yr taxes
Price reduced $30,000
$1,255
estimated monthly payment
Principal & Interest
$998/mo
Property Tax
$257/mo
$189,900
20% — $37,980
3%50%
6.875%
3%12%
Loan Amount
$151,920
Down Payment
$37,980

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

Listed by
iHome Real Estate
Agent: Bryan Bartholomew
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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