201-203 S Market St

—
Baths
3,456 Sq. Ft.
$105 / Sq. Ft.
3,456
Sq. Ft.
$105
per Sq. Ft.

Description

Discover this unique income property with elegant French-inspired design. Somewhat dated, but meticulously maintained 3-unit complex featuring 1 upper unit and 2 ground floor units. The upper unit offers 1,720 sq. ft. with 3 bedrooms, 2 bathrooms, and convenient amenities including a handicapped accessible lift/elevator from the driveway to the upper level entrance, a covered 20 x 32 balcony as well as a second covered balcony, and an oversized two-car garage with overhead storage. There is a ventless...Discover this unique income property with elegant French-inspired design. Somewhat dated, but meticulously maintained 3-unit complex featuring 1 upper unit and 2 ground floor units. The upper unit offers 1,720 sq. ft. with 3 bedrooms, 2 bathrooms, and convenient amenities including a handicapped accessible lift/elevator from the driveway to the upper level entrance, a covered 20 x 32 balcony as well as a second covered balcony, and an oversized two-car garage with overhead storage. There is a ventless gas heater in the garage. The largest bedroom in the upper unit is currently used as a family room and has a wood burning fireplace. The ground level units are approximately 850 sq. ft. each and include 2 bedrooms and 1 full bathroom. The ground units also share a spacious 3-car garage - 1 stall each with a shared stall for storage. . The upper unit has never been rented and has been owner-occupied, while the ground floor units are occupied by tenants with month-to-month leases. All appliances are included. Owner pays for water, sewer, garbage, lawn maintenance and snow removal. Ideally situated just a block from Washington Square, providing quick access to shopping, dining, and nearby attractions.
  1. Listed by Dori DeWitte-Scotti • Jim Maloof Realty, Inc.
    P: (309)-224-9339 doridewitte@gmail.com

Property Details for 201-203 South Market Street

Parking Total
5.0
Subdivision Name
Burton
LISTING UPDATED: 09/08/2025 03:02 PM

Property Details for 201-203 South Market Street

StatusSold
MLS #PA1260246
Days on Market3
Taxes$9,372 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Residential Income
Year Built1988
Lot Size-
CountyTazewell County

Location

Listing Courtesy of Jim Maloof Realty, Inc.

Sold By eXp Realty

Add your commute

Building Information for 201-203 South Market Street

Stories-Residences3Year Built1988Building Size-Lot Size-

Payment Calculator

$2,587 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,806

Property Taxes

$781

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 201-203 South Market Street

Summary
Location and General Information
  • City: Washington
  • County Or Parish: Tazewell
  • Directions: Peoria Street (Business 24) to Market
  • Latitude: 40.701781
  • Longitude: -89.408652
  • MLSArea Minor: PAAR Area
  • Postal Code: 61571
  • State Or Province: IL
Taxes and HOA Information
  • Parcel Number: 02-02-23-214-001
  • Tax Annual Amount: $9,372
  • Tax Legal Description: BURTONS ADDN NE 1/4 SEC 23 LOTS 8 & 9 BLK 1
  • Tax Year: 2024
School Information
  • Elementary School: Lincoln
  • High School: Washington
  • Middle Or Junior School: Washington
Parking
  • Parking Features: Parking Garage, Garage Door Opener
Property
Lot Information
  • Structure Type: Other
  • Accessibility Features: Elevator, Other Bath Modifications, Wide Doorways, Wide Hallways
  • Building Area Total: 3456.0
  • Lot Features: Corner Lot, Level
  • Lot Size Dimensions: 111x104x112x104
  • Number Of Units Total: 3
  • 100 Year Plain: Unknown
  • Road Surface Type: Paved
Property and Assessments
  • Documents Available: Other
  • Foundation Details: Slab
  • New Construction: No
  • Year Built: 1988
  • Year Built Source: Public Records
Utilities
  • Number Of Electric Meters: 3
  • Number Of Gas Meters: 3
  • Numberof Water Meters: 1
  • Water Sewer Expense: $1,920
  • Water Source: Public Sewer, Public
Interior and Exterior Features
Exterior Features
  • Lawn Snow Removal: 1000
  • Roof: Shingle
  • Construction Materials: Vinyl Siding
Interior Features
  • Basement: None
  • Cooling: Central Air, Whole House Fan
  • Heating: Forced Air, Natural Gas, Gas Water Heater
  • Interior Features: Cable Available, Elevator
  • Laundry Features: Private
  • Number Of Central Air Units: 3
  • Number Of Dishwashers: 1
  • Number Of Dryers: 3
  • Number Of Heating Units: 3
  • Number Of Ranges: 3
  • Numberof Refrigerators: 3
  • Number Of Washers: 3
  • Number Of Water Heaters: 3
  • Number Of Window Units: 0
  • Operating Recording Device: None
Multi Family
Income & Expenses
  • Electric Expense: $0
  • Gross Income: $19,800
  • Gross Scheduled Income: $19,800
  • Insurance Expense: $0
  • Maintenance Expense: $0
  • Manager Expense: $0
  • Net Operating Income: $5,628
  • Operating Expense: $4,800
  • Advertising Expense: 0
  • Gas Expense: 0
  • Misc Annual Income: 0
  • Trash Expense: $1,880
Unit 1
  • Fireplace YN: Y
  • Full Baths: 2
  • Half Baths: 0
  • Number Covered: 2
  • Number Parking: 2
  • Number Uncovered: 0
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
Unit 2
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 1
  • Number Parking: 1
  • Number Uncovered: 0
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
Unit 3
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 0
  • Number Covered: 1
  • Number Parking: 1
  • Number Uncovered: 0
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
Rental
Rent Information
  • Lease Term: Month To Month
  • Annual Vacancy Factor: 0

Property History for 201-203 South Market Street

DateEvent & SourcePriceAppreciation
Sep 5, 2025

Sold

MRED #1260246

$362,500—
Sep 5, 2025

Sold

RMLS ALLIANCE #PA1260246

$362,500—
Aug 18, 2025

Pending

MRED #1260246

—
DateEvent & SourcePrice
09/05/2025

Sold

MRED #1260246

$362,500
09/05/2025

Sold

RMLS ALLIANCE #PA1260246

$362,500
08/18/2025

Pending

MRED #1260246

—

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

Public Records for 201-203 South Market Street

Taxable ValueLand$12,550Additions$111,450Total$124,000
Tax Record2024$9,372 ($781 / month)
Home Facts
Beds6Baths3Total Finished SqFt3,456 SqFtAbove Grade Finished SqFt3,456 SqFtStories2StyleSingle Family ResidenceYear Built1988CountyTAZEWELLAPN02-02-23-214-001

Schools near 201-203 South Market Street

This home is within Washington School District 52.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Private - PK to 8
Rating
School
Distance
Lincoln Grade School
PublicPK to 4

Washington Middle School
Public5 to 8

Washington Community High School
Public9 to 12

St Patrick School
PrivatePK to 8

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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Listing Courtesy of Jim Maloof Realty, Inc.

Based on information submitted to the MLS GRID as of 09/08/2025 03:02 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.