408 N 3rd St

1,898 Sq. Ft.
$142 / Sq. Ft.
1,898
Sq. Ft.
$142
per Sq. Ft.

Description

Discover a rare opportunity designed for flexibility, comfort, and possibility. Fully renovated in 2025, this thoughtfully updated property offers an ideal setup for a mother-in-law suite, multigenerational living, an older child wanting their own space, or an owner-occupied home with rental income potential. The main two-story living space offers comfortable everyday living with three bedrooms, a bright living room, informal dining area, kitchen, and a beautifully updated full bathroom upstairs....Discover a rare opportunity designed for flexibility, comfort, and possibility. Fully renovated in 2025, this thoughtfully updated property offers an ideal setup for a mother-in-law suite, multigenerational living, an older child wanting their own space, or an owner-occupied home with rental income potential. The main two-story living space offers comfortable everyday living with three bedrooms, a bright living room, informal dining area, kitchen, and a beautifully updated full bathroom upstairs. The basement adds even more living space with a welcoming family room, additional bathroom, and laundry—perfect for movie nights or hobbies. A separate main-level side unit provides its own sense of independence while remaining connected to the property. This flexible space features a bedroom, living room combo, den or office area, kitchen, bathroom, and its own laundry, making it ideal for extended family, guests, a private mother-in-law suite, or potential rental income. Nearly every major component has been updated in 2025, including new electrical, PEX plumbing, HVAC, shingles and gutters, landscaping, a newly designed front porch area, brand-new interior finishes, and new appliances in both units. Outside, you'll find a backyard shed for extra storage and ample rear parking. Whether you're looking to bring family together while maintaining privacy or take advantage of built-in income potential, this versatile property offers a rare blend of flexible living options!
  1. Listed by Amanda Allsup • RE/MAX Traders Unlimited
  2. Listed by Jessica Ball • RE/MAX Traders Unlimited

Property Details for 408 North 3rd Street

Subdivision Name
Alva
LISTING UPDATED: 03/21/2026 03:02 PM

Property Details for 408 North 3rd Street

StatusActive
MLS #PA1264664
Days on Market15
Taxes$2,556 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1941
Lot Size0.10 AC / 4,356 SF
CountyPeoria County

Location

Listing Courtesy of RE/MAX Traders Unlimited
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Building Information for 408 North 3rd Street

Stories-Year Built1941Building Size-Lot Size0.10 AC / 4,356 SF

Payment Calculator

$1,523 per month

30 year fixed, 6.11% Interest

Principal and Interest

$1,310

Property Taxes

$213

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 408 North 3rd Street

Summary
Location and General Information
  • City: Dunlap
  • County Or Parish: Peoria
  • Directions: North 4th Street to East Walnut Street to North 3rd Street
  • Latitude: 40.86484
  • Longitude: -89.676573
  • MLSArea Minor: PAAR Area
  • Postal Code: 61525
  • State Or Province: IL
Taxes and HOA Information
  • Parcel Number: 08-11-156-003
  • Mandatory Annual Fee: No
  • Mandatory Monthly Fee: No
  • Tax Annual Amount: $2,556
  • Tax Legal Description: Alva Dunlap's ADD NW 1/4 SEC 11-10-7E Lot 12 BLK 5 (96-29093)
  • Tax Year: 2024
School Information
  • High School: Dunlap
Parking
  • Parking Features: Guest, On Street
  • Garage: false
Property
Lot Information
  • Building Area Total: 1678.0
  • Living Area: 1898.0
  • Lot Features: Level
  • Lot Size Acres: 0.1
  • Lot Size Dimensions: 50 x 150
  • 100 Year Plain: No
  • Road Surface Type: Paved
Property and Assessments
  • Documents Available: Legal Description
  • Foundation Details: Block
  • New Construction: No
  • Year Built: 1941
  • Year Built Source: Public Records
Utilities
  • Water Source: Public, Public Sewer
  • Utilities On: Yes
  • Utility Company: Ameren
Interior and Exterior Features
Exterior Features
  • Exterior Features: Shed(s)
  • Roof: Shingle
  • Construction Materials: Vinyl Siding
Interior Features
  • Appliances: Dryer, Range Hood, Microwave, Range, Refrigerator, Washer
  • Basement: Finished, Partial
  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Bathrooms Total Integer: 3
  • Bedrooms Total: 4
  • Cooling: Central Air
  • Fireplaces Total: 0
  • Heating: Electric, Forced Air, Gas Water Heater
  • Interior Features: Cable Available, Ceiling Fan(s)
  • Levels: Two
  • Operating Recording Device: None
Room Information
Room 1
  • Number Full Baths: 1
  • Number Half Baths: 0
  • Room Area: 1040.0
  • Room Area Units: Feet.Inches
  • Room Type: Main Level
Room 2
  • Number Full Baths: 1
  • Number Half Baths: 0
  • Room Area: 638.0
  • Room Type: Upper Level
Room 3
  • Number Full Baths: 0
  • Number Half Baths: 0
  • Room Area Units: Feet.Inches
  • Room Type: Lower Level
Room 4
  • Number Full Baths: 1
  • Number Half Baths: 0
  • Room Area: 220.0
  • Room Area Units: Feet.Inches
  • Room Type: Basement
Room 5
  • Number Full Baths: 0
  • Number Half Baths: 0
  • Room Area: 0.0
  • Room Area Units: Feet.Inches
  • Room Type: Additional Level
Room 6
  • Egress Window: Yes
  • Flooring: Luxury Vinyl Plank
  • Room Length: 13.0
  • Room Level: Main
  • Room Type: Bedroom 1
  • Room Width: 11.0
Room 7
  • Egress Window: Yes
  • Flooring: Luxury Vinyl Plank
  • Room Length: 11.0
  • Room Level: Upper
  • Room Type: Bedroom 2
  • Room Width: 10.0
Room 8
  • Egress Window: Yes
  • Flooring: Luxury Vinyl Plank
  • Room Length: 13.0
  • Room Level: Upper
  • Room Type: Bedroom 3
  • Room Width: 10.0
Room 9
  • Egress Window: Yes
  • Flooring: Luxury Vinyl Plank
  • Room Length: 11.0
  • Room Level: Upper
  • Room Type: Bedroom 4
  • Room Width: 10.0
Room 10
  • Flooring: Luxury Vinyl Plank
  • Room Length: 18.0
  • Room Level: Main
  • Room Type: Living Room
  • Room Width: 15.0
Room 11
  • Flooring: Luxury Vinyl Plank
  • Room Length: 11.0
  • Room Level: Main
  • Room Type: Dining Room
  • Room Width: 11.0
Room 12
  • Flooring: Luxury Vinyl Plank
  • Room Length: 11.0
  • Room Level: Main
  • Room Type: Kitchen
  • Room Width: 11.0
Room 13
  • Flooring: Luxury Vinyl Plank
  • Room Length: 14.02
  • Room Level: Main
  • Room Type: Office
  • Room Width: 8.06
Room 14
  • Flooring: Luxury Vinyl Plank
  • Room Length: 15.08
  • Room Level: Basement
  • Room Type: Recreation Room
  • Room Width: 9.07
Room 15
  • Flooring: Luxury Vinyl Plank
  • Room Level: Basement
  • Room Type: Laundry
Room 16
  • Flooring: Luxury Vinyl Plank
  • Room Description: Back Unit Kitchen
  • Room Length: 9.08
  • Room Level: Main
  • Room Type: Additional Room
  • Room Width: 6.11
Room 17
  • Flooring: Luxury Vinyl Plank
  • Room Description: Back Unit Living/Bedroom
  • Room Length: 23.0
  • Room Level: Main
  • Room Type: Additional Room 2
  • Room Width: 10.07
Room 18
  • Number Full Baths: 0
  • Number Half Baths: 0
  • Room Type: Third Floor
Mobile Home
Mobile/Manufactured Home
  • Property Is Mobile Home: No

Property History for 408 North 3rd Street

DateEvent & SourcePriceAppreciation
Mar 6, 2026

Price Change

RMLS ALLIANCE #PA1264664

$270,000
Mar 6, 2026

Listed (Active)

RMLS ALLIANCE #PA1264664

$275,000
Jan 13, 2026

Withdrawn

RMLS ALLIANCE #PA1261536

$300,000
Nov 19, 2025

Pending

RMLS ALLIANCE #PA1261536

Nov 7, 2025

Expired

RMLS ALLIANCE #PA1261215

$300,000
Oct 10, 2025

Listed (Active)

RMLS ALLIANCE #PA1261536

$300,000
Oct 9, 2025

Expired

MRED #1261215

$300,000
Sep 29, 2025

Listed (Active)

MRED #1261215

$300,000
Sep 29, 2025

Listed (Active)

RMLS ALLIANCE #PA1261215

$300,000
Jan 2, 2025

Sold

RMLS ALLIANCE #PA1255267

$80,000
Dec 2, 2024

Pending

RMLS ALLIANCE #PA1255267

Dec 2, 2024

Listed (Active)

RMLS ALLIANCE #PA1255267

$80,000
DateEvent & SourcePrice
03/06/2026

Price Change

RMLS ALLIANCE #PA1264664

$270,000
03/06/2026

Listed (Active)

RMLS ALLIANCE #PA1264664

$275,000
01/13/2026

Withdrawn

RMLS ALLIANCE #PA1261536

$300,000
11/19/2025

Pending

RMLS ALLIANCE #PA1261536

11/07/2025

Expired

RMLS ALLIANCE #PA1261215

$300,000
10/10/2025

Listed (Active)

RMLS ALLIANCE #PA1261536

$300,000
10/09/2025

Expired

MRED #1261215

$300,000
09/29/2025

Listed (Active)

MRED #1261215

$300,000
09/29/2025

Listed (Active)

RMLS ALLIANCE #PA1261215

$300,000
01/02/2025

Sold

RMLS ALLIANCE #PA1255267

$80,000
12/02/2024

Pending

RMLS ALLIANCE #PA1255267

12/02/2024

Listed (Active)

RMLS ALLIANCE #PA1255267

$80,000

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

Public Records for 408 North 3rd Street

Taxable ValueLand$5,520Additions$36,070Total$41,590
Tax Record2024$2,556 ($213 / month)
Home Facts
Beds3Baths1.5Total Finished SqFt1,678 SqFtAbove Grade Finished SqFt1,678 SqFtStories2StyleSingle Family ResidenceYear Built1941CountyPEORIAAPN08-11-156-003Fireplace TypeHas Fireplace

Schools near 408 North 3rd Street

This home is within Dunlap Community Unit School District 323.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Dunlap Grade School
PublicK to 5

Dunlap Valley Middle School
Public6 to 8

Dunlap 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.

Similar Homes

Similar Sold Homes

408 North 3rd Street is a single family home for sale in Dunlap, IL 61525. This property was listed for sale on March 6, 2026 by RE/MAX Traders Unlimited, it's currently listed at $270,000. It has been on the market for a total of 15 days and was last sold on January 2, 2025. This listing's school district is Dunlap Community Unit School District 323. Nearby schools include Dunlap Grade School, Dunlap Valley Middle School and Dunlap High School. 408 North 3rd Street is a 4-bed, 3-bath, 1,898 sqft single family home built in 1941.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Traders Unlimited

Based on information submitted to the MLS GRID as of 03/21/2026 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.