Malta IL Multi Family for Sale
$425,000
201 Madison Street Malta, IL 60150
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 8
- Year built:
- 1994
- Baths:
- 10.00
- MLS#:
- 12218933
View additional info
Courtesy: Coldwell Banker Realty
630-377-1771
ADDITIONAL INFORMATION
HUGE 2 unit property! Each side of this duplex has 4 bedrooms, each with their own bathroom, plus a powder room on the main floor. 203 has been updated with new flooring & new appliances in the kitchen. The giant master bedroom includes a hot tub and separate shower area. 201 is a mirror image layout with a 17- year tenant, providing you with consistent income. This home presents a great opportunity to use fully as an income property or to live in one side and rent out the other to help pay your mortgage. The current owners have maintained the home very well, ensuring it's a great investment for the next owners. Outside is a large yard with mature trees and large decks on both sides. The huge 5 car garage in between the units gives each dwelling tons of privacy. See attached documents for list of updates. As-Is condition.
View additional info
Courtesy: Coldwell Banker Realty
630-377-1771
ADDITIONAL INFORMATION
Discover a unique floor plan with fantastic income potential - perfect for offsetting your mortgage through rental income or for harmonious multi-generational living. This home offers flexibility by simply adding a door to divide the spacious 3-bedroom main home from the private one bedroom apartment, complete with its own kitchen, bathroom, living room, private entrance and separate off street parking. The units have separate heating systems and utilities The inviting heated front porch opens to a generously sized dining room with original built-ins. The kitchen features butcher block countertops, an island, and a custom built-in coffee bar. The main level offers a spacious living room along with a versatile room that could be a 4th bedroom or home office. The first floor is also equipped with a full bathroom. Upstairs features three additional bedrooms, full bathroom, living room and 2nd kitchen. This charming older home exudes charm, with custom woodwork and hardwood flooring throughout. The unfinished basement provides ample storage, while the spacious yard is ideal for gardening, family gatherings, and outdoor fun. The detached 2.5-car garage adds even more value to this charming property. This affordable, versatile home is truly a gem! Come and see its potential for yourself today! Rent one space, both, or enjoy the full home yourself!
© 2025 Midwest Real Estate Data LLC. All rights reserved. Listings courtesy of MRED MLS as distributed by MLS GRID, based on information submitted to the MLS GRID as of {{last updated}}.. 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. The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to [email protected]. The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.
Malta Real Estate
The median home value in Malta, IL is $232,000. This is higher than the county median home value of $225,800. The national median home value is $338,100. The average price of homes sold in Malta, IL is $232,000. Approximately 62.94% of Malta homes are owned, compared to 30.35% rented, while 6.7% are vacant. Malta real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Malta real estate agent to arrange a tour today!
Malta, Illinois has a population of 1,491. Malta is more family-centric than the surrounding county with 38.16% of the households containing married families with children. The county average for households married with children is 31.37%.
The median household income in Malta, Illinois is $73,047. The median household income for the surrounding county is $64,019 compared to the national median of $69,021. The median age of people living in Malta is 36.3 years.
Malta Weather
The average high temperature in July is 82.6 degrees, with an average low temperature in January of 12.1 degrees. The average rainfall is approximately 36.7 inches per year, with 28.4 inches of snow per year.