501 Third Street, Villa Grove, Illinois 61956
$140,000
|
For Sale
|
|
| Status: | New |
| Sqft: | 1,408 |
| Cost/Sqft: | $99 |
| Beds: | 3 |
| Baths: | 1 |
| Year Built: | 1919 |
| Property Taxes: | $1,789 |
| Days On Market: | 0 |
| Lot Size: | 0,18 |
Description
501 N THIRD AND 506 E WILSON Investment Opportunity - Two Homes for One Price! Don't miss this unique opportunity to own two homes for just $140,000! Whether you're looking for an income-producing property or a flexible living arrangement, this property offers incredible potential. The front house features 3 bedrooms and 1 full bathroom, providing comfortable living space with plenty of room. The back house includes 2 bedrooms and 1 bathroom, perfect for extended family, guests, or rental income. Both homes are in very nice condition, making this a move-in ready investment with multiple possibilities: Live in one home and rent the other for extra income Create a mother-in-law or guest quarters Use as a dual rental property for strong investment potential Ideal for multi-generational living Properties with this kind of flexibility are rare. With two homes on one property, the options are endless! Schedule a showing today and explore the possibilities!
Property Specifics
| Single Family | |
| — | |
| — | |
| 1919 | |
| — | |
| — | |
| No | |
| 0.18 |
| Douglas | |
| — | |
| — / Not Applicable | |
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| — | |
| — | |
| 12583733 | |
| 04030230800500 |
Nearby Schools
| NAME: | DISTRICT: | DISTANCE: | |
|---|---|---|---|
|
Grade School
Villa Grove Elementary School |
302 | — | |
|
Middle School
Villa Grove Junior High School |
302 | Not in DB | |
|
High School
Villa Grove High School |
302 | Not in DB | |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 4 Mar, 2026 | Listed for sale | $140,000 | MRED MLS |
Room Specifics
Total Bedrooms: 3
Bedrooms Above Ground: 3
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 1
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: —
Basement Description: —
Other Specifics
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| 50X142 | |
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| — | |
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| Not in DB | |
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Tax History
| Year | Property Taxes |
|---|---|
| 2026 | $1,789 |
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Listing Provided By
Heartland Real Estate of Central Illinois, Inc
