511 W MADISON ST, Auburn, IL 62615
511 W MADISON ST, Auburn, IL 62615
511 W MADISON ST, Auburn, IL 62615
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Listed by KyleT Killebrew • The Real Estate Group, Inc.
$49,900
Est. payment /mo
1,093 SqFt
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UPDATED:

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Residential Income

Listing Status Pending

Purchase Type For Sale

Square Footage 1,093 sqft

Price per Sqft $45

MLS Listing ID CA1042619

Maintenance Fees $1,050

Annual Tax Amount $443

Tax Year 2024

Lot Dimensions 48 x 24

Property Sub-Type Residential Income

Source rmlsa

Property Description

Solid up/down 2-unit income property located in a quiet rural community, offering a straightforward layout & dependable rental potential. The property features separate upper & lower units with strong rental history, currently bringing in $1,250/month combined. The upstairs unit was fully remodeled in 2025 with new cabinetry, flooring, paint & updated bath fixtures, while the lower unit offers a functional 2 bed, 1 bath layout. An unfinished basement provides additional storage space for tenants. With consistent income, recent updates & a simple setup, this is a practical addition to any portfolio or a great option for owner-occupant investors.

Location

State IL

County Sangamon

Area Auburn, Thayer, Etc

Direction Rt 4 to Auburn. South on N 7th to L on Madison

Rooms

Basement Full, Unfinished

Interior

Interior Features Storage

Heating Electric, Forced Air

Cooling Central Air

Fireplace N

Laundry Units Hook-Ups

Exterior

View true

Roof Type Other

Street Surface Paved

Total Parking Spaces 2

Garage 1

Building

Lot Description Level

Faces Rt 4 to Auburn. South on N 7th to L on Madison

Unit Features [{\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"Unit 1\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":600,\"RMA_NumberParking\":\"1\",\"RMA_NumberUncovered\":\"1\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1411637Group_1\"},{\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"Unit 2\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":650,\"RMA_NumberParking\":\"1\",\"RMA_NumberUncovered\":\"1\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1411637Group_2\"}]

Foundation Block

Water Public Sewer, Public

Structure Type Vinyl Siding

New Construction false

Schools

High Schools Auburn District #10

Others

Tax ID 34-10.0-258-006


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Janet Arns

Janet Arns

+1(217) 617-0751

Broker | License ID: 475 130570

Broker License ID: 475 130570

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