Sold
Last Sold Price
3,248 sqft
102 E 8th St, Delavan, IL 61734
Multi FamilyProperty Type
1978Year Built
$49/sq ftPrice per sq ft

Description

Solid four-unit small town corner lot investment property! Two units per floor -- each unit boasts an open living/kitchen concept, two bedrooms, and a full hall bath. Property also features a large, poured concrete basement with individual laundry hook-ups as well as storage areas for each unit. Three units are currently rented -- the fourth has been left vacant for showing purposes. Current monthly rents are $600.00 (month to month lease), $650.00 (annual lease), and $700.00 (annual lease). Deposits...Solid four-unit small town corner lot investment property! Two units per floor -- each unit boasts an open living/kitchen concept, two bedrooms, and a full hall bath. Property also features a large, poured concrete basement with individual laundry hook-ups as well as storage areas for each unit. Three units are currently rented -- the fourth has been left vacant for showing purposes. Current monthly rents are $600.00 (month to month lease), $650.00 (annual lease), and $700.00 (annual lease). Deposits for each currently rented unit are equivalent to one months rent. Range/ovens (4) and refrigerators (4) are owned by seller. Tenants pay all utilities except garbage (seller paid). Front off-street parking. Each unit has a gas forced air furnace and window/wall air conditioning units. Choice small town Tazewell County multi-family property at a great price!
  • Listed by: Seth Goodman 217.737.3742 sethsellslincoln@gmail.com • ME Realty
Listing closed: 12/01/2025 12:00 AM • Source: RMLS ALLIANCE, MLS#: CA1039763

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Recent comparable sales

Median sold price

$160,000

Avg days on market

34

Sale-to-list ratio

75.8%

Delavan, IL

9 comparable properties found

$20,600 | 502 West 5th Street, Delavan, IL 61734
1/9
1

$20,600

Sold 11/09/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
2.19
Acres
2

$240,000

Sold 01/09/26

Unavailable
Bedrooms
Unavailable
Bathrooms
3,640
Square Feet
0.15
Acres
$800,000 | 0 Litwiller Road, Delavan, IL 61734
1/3
3

$800,000

Sold 12/05/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
40
Acres
4

$159,500

Sold 11/26/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
Unavailable
Acres
5

$160,000

Sold 12/19/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.85
Acres
6

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Sold 04/29/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
3.26
Acres
7

$150,000

Sold 09/23/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.09
Acres
8

$170,000

Sold 11/12/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.22
Acres
9

$168,000

Sold 01/05/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.23
Acres

Location

Listing Courtesy of ME Realty

Sold By ME Realty

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Payment Calculator

$1,260 per month

30 year fixed, 7.03% Interest

Principal and Interest

$854

Property Taxes

$405

HOA Dues

$0

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Property Information for 102 East 8th Street

Property Details
  • Taxes: $4,864 / year
  • MLS Type: Residential Income / Residential Income
  • Lot Size: 0.00 AC / 0 SF
  • Parking Total: 4.0
  • Subdivision Name: None
Building Information
  • Residences: 4
  • Year Built: 1978
  • Lot Size: 0.00 AC / 0 SF
Summary
Location and General Information
  • City: Delavan
  • County Or Parish: Tazewell
  • Directions: Property is located at 102 E. 8th Street, Delavan.
  • Latitude: 40.368224
  • Longitude: -89.547131
  • MLSArea Minor: Other
  • Postal Code: 61734
  • State Or Province: IL
Taxes and HOA Information
  • Parcel Number: 21-21-10-320-018
  • Tax Annual Amount: $4,864
  • Tax Legal Description: Sec 10 T22N R4W Hall & Lafevers Addn WLY part of SL A SW 1/4.
  • Tax Year: 2024
School Information
  • High School: Delavan
Parking
  • Parking Features: Parking Pad
Virtual Tour
Property
Lot Information
  • Structure Type: Two or More Story
  • Building Area Total: 3248.0
  • Lot Features: Corner Lot, Level
  • Lot Size Dimensions: 0
  • Number Of Units Total: 4
  • 100 Year Plain: No
Property and Assessments
  • Documents Available: Legal Description
  • Foundation Details: Concrete Perimeter, Poured Concrete
  • New Construction: No
  • Year Built: 1978
Utilities
  • Number Of Electric Meters: 4
  • Number Of Gas Meters: 4
  • Numberof Water Meters: 4
  • Water Sewer Expense: $0
  • Water Source: Public Sewer, Public
Interior and Exterior Features
Exterior Features
  • Roof: Shingle
  • Construction Materials: Wood Siding
Interior Features
  • Basement: Partial, Unfinished
  • Heating: Forced Air, Natural Gas, Wall Unit(s), Window Unit(s)
  • Interior Features: Storage
  • Laundry Features: Units Hook-Ups
  • Number Of Central Air Units: 0
  • Number Of Dishwashers: 0
  • Number Of Dryers: 0
  • Number Of Heating Units: 4
  • Number Of Ranges: 4
  • Numberof Refrigerators: 4
  • Number Of Washers: 0
  • Number Of Water Heaters: 4
  • Number Of Window Units: 0
  • Operating Recording Device: None
Multi Family
Income & Expenses
  • Electric Expense: $0
  • Gross Income: $0
  • Insurance Expense: $0
  • Maintenance Expense: $0
  • Manager Expense: $0
  • Net Operating Income: $-4,864
  • Operating Expense: $0
  • Advertising Expense: 0
  • Gas Expense: 0
  • Misc Annual Income: 0
  • Trash Expense: $0
Unit 1
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 1
  • Number Uncovered: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
Unit 2
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 1
  • Number Uncovered: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
Unit 3
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 1
  • Number Uncovered: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
Unit 4
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 0
  • Number Parking: 1
  • Number Uncovered: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 4
Rental
Rent Information
  • Tenant Pays: Sewer, Water

Property History for 102 East 8th Street

DateEvent & SourcePriceAppreciation
Dec 1, 2025

Sold (Public Record)

Public Record #1922098737

$160,000—
Dec 1, 2025

Sold (Public Record)

Public Record #1922098737

$160,000

+4.7% / yr

Dec 1, 2025

Sold

MRED #1039763

$160,000—
DateEvent & SourcePrice
12/01/2025

Sold (Public Record)

Public Record #1922098737

$160,000
12/01/2025

Sold (Public Record)

Public Record #1922098737

$160,000

+4.7% / yr

12/01/2025

Sold

MRED #1039763

$160,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 102 East 8th Street

Taxable ValueLand$2,880Additions$57,690Total$60,570
Tax Record2025$5,076 ($423 / month)
Home Facts
Beds8Baths4Total Finished SqFt3,248 SqFtAbove Grade Finished SqFt3,248 SqFtStories2Lot Size8,250 SqFtStyleSingle Family ResidenceYear Built1978CountyTAZEWELLAPN21-21-10-320-018

Schools near 102 East 8th Street

This home is within Delavan Community Unit School District 703.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Rating
School
Distance
Delavan Elementary School
PublicPK to 6

Delavan Jr High School
Public7 to 8

Delavan High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 102 East 8th Street, Delavan, IL 61734
$160,000
–
–
3,248
0
–
–
–
–
–
$35,000
3
1
1,038
19,152
$77,000
3
1,064
10,650
–
3
1
1,268
14,700
$18,000
3
2,174
30,927

Explore Nearby Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of ME Realty

Based on information submitted to the MLS GRID as of 12/01/2025 02:01 PM. 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. Properties displayed may be listed or sold by various participants in the MLS. 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. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.