Sold
Last Sold Price
1,960 sqft$79/sqft
312 5th St, Unit 2, Colona, IL 61241
Multi FamilyProperty Type
10,018 sq ftLot Size
1960Year Built
$79/sq ftPrice per sq ft

Description

Come check out this fully occupied 3 bedroom 2 bath duplex located on a corner lot with no flood insurance required in Colona! This duplex has been updated with new flooring and paint. Side A new water heater installed. Both sides have been updated throughout the years. This property conveniently has off street parking spaces for tenants.Come check out this fully occupied 3 bedroom 2 bath duplex located on a corner lot with no flood insurance required in Colona! This duplex has been updated with new flooring and paint. Side A new water heater installed. Both sides have been updated throughout the years. This property conveniently has off street parking spaces for tenants.
  • Listed by: Justin Wright 563.424.3499 thewrightagent4you@gmail.com • Realty One Group Opening Doors
Listing closed: 12/04/2023 12:00 AM • Source: RMLS ALLIANCE, MLS#: QC4243833

Recent comparable sales

Median sold price

$152,000

Avg days on market

21

Sale-to-list ratio

89.6%

Colona, IL

9 comparable properties found

$180,000 | 815 1st Street, Colona, IL 61241
1/44
1

$180,000

Sold 11/26/25

Unavailable
Bedrooms
Unavailable
Bathrooms
2,398
Square Feet
0.39
Acres
a view of a house with a yard
1/18
2

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Sold 01/07/26

Unavailable
Bedrooms
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Bathrooms
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Square Feet
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$80,000 | 805 9th Street, Colona, IL 61241
1/18
3

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Sold 10/17/25

Unavailable
Bedrooms
Unavailable
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Square Feet
0.23
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Sold 05/18/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
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0.21
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Sold 12/02/25

Unavailable
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Acres
$168,500 | 6273 Dayton Corner A Road, Colona, IL 61241
1/33
6

$168,500

Sold 06/29/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
30
Acres
7

$30,000

Sold 06/20/25

Unavailable
Bedrooms
Unavailable
Bathrooms
576
Square Feet
0.41
Acres
8

$35,000

Sold 11/19/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.19
Acres
9

$157,500

Sold 12/27/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.19
Acres

Location

Listing Courtesy of Realty One Group Opening Doors

Sold By Realty One Group Opening Doors

Add your commute

Payment Calculator

$1,079 per month

30 year fixed, 6.55% Interest

Principal and Interest

$788

Property Taxes

$291

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 312 5th Street, Unit 2

Property Details
  • Taxes: $3,489 / year
  • MLS Type: Residential Income / Residential Income
  • County: Henry County
  • Parking Total: 4.0
  • Subdivision Name: Reese Garden City
Building Information
  • Residences: 2
  • Year Built: 1960
  • Lot Size: 0.23 AC / 10,018 SF
Summary
Location and General Information
  • City: Colona
  • County Or Parish: Henry
  • Directions: First Avenue to 5th St to Duplex
  • Latitude: 41.478433
  • Longitude: -90.363504
  • MLSArea Minor: QCARA Area
  • Postal Code: 61241
  • State Or Province: IL
Taxes and HOA Information
  • Parcel Number: 06102530210040
  • Tax Annual Amount: $3,489
  • Tax Legal Description: W 98 OF S41.59 LT 6 & W98 LT 7 BLK 8 REESE GARDENS
  • Tax Year: 2022
School Information
  • Elementary School: Colona
  • High School: United Township
  • Middle Or Junior School: Colona
Parking
  • Parking Features: Parking Pad
Property
Lot Information
  • Structure Type: Duplex
  • Building Area Total: 1960.0
  • Lot Features: Corner Lot, Level
  • Lot Size Dimensions: .23
  • Number Of Units Total: 2
  • 100 Year Plain: No
  • Road Surface Type: Paved
Property and Assessments
  • Documents Available: Legal Description
  • Foundation Details: Slab
  • New Construction: No
  • Year Built: 1960
Utilities
  • Number Of Electric Meters: 2
  • Number Of Gas Meters: 2
  • Numberof Water Meters: 2
  • Water Sewer Expense: $0
  • Water Source: Public Sewer, Public
Interior and Exterior Features
Exterior Features
  • Roof: Shingle
  • Construction Materials: Vinyl Siding
Interior Features
  • Basement: None
  • Heating: Forced Air, Gas, Central Air, Gas Water Heater
  • Interior Features: Storage, Cable Available
  • Laundry Features: None, Units Hook-Ups
  • Number Of Central Air Units: 2
  • Number Of Heating Units: 2
  • Number Of Water Heaters: 2
  • Operating Recording Device: None
Multi Family
Income & Expenses
  • Electric Expense: $0
  • Gross Income: $25,800
  • Gross Scheduled Income: $25,800
  • Insurance Expense: $1,000
  • Maintenance Expense: $0
  • Manager Expense: $2,580
  • Net Operating Income: $18,731
  • Operating Expense: $3,580
  • Advertising Expense: 0
  • Gas Expense: 0
  • Misc Annual Income: 0
  • Trash Expense: $0
Unit 1
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 1
  • Number Covered: 0
  • Number Parking: 2
  • Number Uncovered: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
Unit 2
  • Fireplace YN: N
  • Full Baths: 1
  • Half Baths: 1
  • Number Covered: 0
  • Number Parking: 2
  • Number Uncovered: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
Rental
Rent Information
  • Lease Term: One Year or Less
  • Tenant Pays: All Utilities

Property History for 312 5th Street, Unit 2

DateEvent & SourcePriceAppreciation
Dec 4, 2023

Sold

RMLS ALLIANCE #QC4243833

$155,000
Dec 4, 2023

Sold

MRED #4243833

$155,000
Oct 12, 2023

Pending

RMLS ALLIANCE #QC4243833

DateEvent & SourcePrice
12/04/2023

Sold

RMLS ALLIANCE #QC4243833

$155,000
12/04/2023

Sold

MRED #4243833

$155,000
10/12/2023

Pending

RMLS ALLIANCE #QC4243833

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

Schools near 312 5th Street, Unit 2

This home is within Colona School District 190.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Rating
School
Distance
Colona Grade School
PublicPK to 8

United Twp 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: 312 5th Street, Unit 2, Colona, IL 61241
$155,000
1,960
10,018
$155,000
4
1
1,144
10,019
$125,000
3
1,004
29,185
$17,500
1
1
472
10,019
3
1
896
14,375
$20,000
2
1
400
10,019

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 Realty One Group Opening Doors

Based on information submitted to the MLS GRID as of 12/15/2023 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.