Active
New
313 N Main Street
Montgomery IL, 60538
$615,000
$200.72 per sqft
Active
New
3,064 sqft
Multi-family
Built in 1910
Courtesy of Compass
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.
12270224
MLSⓇ ID
January 16, 2025
Listed
January 16, 2025
Updated
Map
313 N Main Street
Montgomery IL, 60538
Interior Features
Total Stories
2
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
No
Exterior/Building Features
Lot Size
0.19 Acres
Roof
Composition
Other Property Details
Area Name
Montgomery
Taxes
$9,180
Tax Frequency
Annually
Days on Market
1
Garage
No
View
No
County
Kane
Municipality
Aurora
Pool
No
Zoning
MULTI
Courtesy of Compass, Keith McMahon,
Listing Contact: 630-803-4150
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Based on information submitted to the MLS GRID for MRED 1/16/2025. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.
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Data last updated 3:10 PM UTC, 1/16/2025
