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1616 4th

Madison, IL 62060

– beds
– baths
– sqft
1940 build
– on site

More homes

The savvy investor can see great potential in this property. There is a duplex in the front and a single home at the back of the lot, perfect for an experienced investor or for the first time investor wanting rental property. This as-is sale offers an incredible opportunity with just some general renovations. Some clean out needed but not bad. The duplex units offer a large living/dining area with a half bath off the kitchen. The back house is great for a private residence. There is covered parking at the rear of the units. Laundry hook-ups available in the basement of the duplex. The units could be updated and ready to market in a reasonable amount of time. Well kept street with established neighbors. Please note, the property is sold in its current condition, with inspections solely for informational purposes.

Listing courtesy of MARIS / eXp Realty

Last checked: Checking… • Last updated May 6, 2025 •

MLS# 24062676 —

The Building

Year Built:

1940
Architectural Style:

Other
Unit Count:

2
Number Of Units Total:

3
Basement:

false

Interior

Fireplace:

false

Financial & Terms

Possession:

Close Of Escrow
Ownership Type:

Private
Listing Terms:

Conventional

Location

Longitude:

-90.155159
Latitude:

38.679949

The Property

Property Sub Type:

2-4 Units
Property Type:

Residential Income
Parcel Number:

21-2-19-25-15-403-012
Lot Size Units:

Acres
Lot Size Dimensions:

50x142
Waterfront:

false
Structure Type:

Duplex

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Annual Amount:

$4,131

Heating & Cooling

Cooling:

Central Air, Electric
Heating:

Forced Air, Natural Gas

Utilities

Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Gas Water Heater

Schools

Elementary School:

Madison Dist 12
Middle School:

Madison Dist 12
High School:

Madison
High School District:

Madison Dist 12

The Community

Subdivision Name:

None
Pool:

No

Parking

Parking Features:

Carport, Covered
Garage:

false
Carport:

true

Explore the Area

My Commute

From

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
11/6/24 Nov 6, 2024	Sold	MARIS	$100,000

Multifamily Sold on 11/6/2024

$100,000

Listing provided by broker:

Pam Cook

eXp Realty

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Listing Courtesy of: MARIS and eXp Realty.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.

Information from Third Parties, Deemed Reliable but Not Verified.

1616 4th

Madison, IL 62060