497 S Lake

Montello, WI 53949

$595,000
Price
16
Beds
14,000 Sq. Ft.
$43 / Sq. Ft.
14,000
Sq. Ft.
$43
per Sq. Ft.

Description

Former CBRF, Community based Residential facility, 2 units 8 rooms each. 16 total rooms large living rooms, Kitchens and dining rooms, new carpet front building, 2 full baths in each building, plus Apt. 1 and 6 each have a half bath, private office in each building, all electric heat, window air, sprinkler system in place, no basements, laundry, pantry's and walk out patios. Black top parking out-front on a large lot, 2 car detached garage. Current tenant is relocating. Currently no income. Set your...Former CBRF, Community based Residential facility, 2 units 8 rooms each. 16 total rooms large living rooms, Kitchens and dining rooms, new carpet front building, 2 full baths in each building, plus Apt. 1 and 6 each have a half bath, private office in each building, all electric heat, window air, sprinkler system in place, no basements, laundry, pantry's and walk out patios. Black top parking out-front on a large lot, 2 car detached garage. Current tenant is relocating. Currently no income. Set your own rents. Great extra income property. many different uses, nursing home, apt. building, efficiency rental. Located in a great historical city of Montello Wi. located near the fox river system. Quiet neighborhood. great investment! Built in 1997. Brick and vinyl exterior. Easy to maintain.
  1. Listed by Terry Dixon • United Country Midwest Lifestyle Properties

Property Details for 497 S Lake

Zoning
Commerical
LISTING UPDATED: 10/13/2025 07:21 PM

Property Details for 497 S Lake

StatusActive
MLS #1999848
Days on Market223
Taxes$12,363 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Apartment building
Year Built999
CountyMarquette County

Location

Listing Courtesy of United Country Midwest Lifestyle Properties
Add your commute

Building Information for 497 S Lake

Building/Complex497 S LakeFloor-Stories-Residences2Pet Policy-Pet Policy Details-Year Built999Building Size-

Payment Calculator

$3,970 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,940

Property Taxes

$1,030

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 497 S Lake

Summary
Location and General Information
  • C/T/V: City
  • County: Marquette
  • County Qtr Section: Marquette SE
  • Directions: Lake st. west of Main St Corner property
  • Location: MONTELLO - C
  • Mailing City: Montello
  • Municipality: Montello
  • State: WI
  • Zip: 53949
Parking
  • Park/Unit: Outside
  • Parking Spaces Outside: 25
  • Parking Stalls Inside: 0
School Information
  • Elementary: Call School District
  • High School: Montello
  • Middle School: Montello
  • School District: Montello
Taxes and HOA Information
  • Net Taxes: $12,363.00
  • Parcel ID: 251000670000
  • Tax Year: 2025
Property
Property and Assessments
  • Class: Multi Family
  • Improvements: 429600.0
  • Land Assess: $65,200.00
  • Legal Documents: Condition report on file
  • Miscellaneous: Shared laundry, Building Sprinkler System, Fenced yard, Internet -Fiber Available
  • Total Assess: $494,800.00
  • Total Assess Year: 2024
  • Type: Apartment building, 1 story
  • Year Built: 999
Lot Information
  • Estimated Total Acres: 1.38
  • Source of Est. Acres: Assessor
  • Source of Year Built: Other
Green Features
  • Energy Efficient/Green: Low E Windows
Utilities
  • Utilities: Separate elec meters, Separate water meters
  • Water/Waste: Municipal water
Interior and Exterior Features
Exterior Features
  • Exterior: Brick, Vinyl
Interior Features
  • Items Excluded: Personal property
  • Number of Dish Washers: 0
  • Number of Dryers: 2
  • Number of Furnaces: 0
  • Number of Stoves: 2
  • Number of Refrigerators: 2
  • Number of Washers: 2
  • Number of Water Heaters: 2
  • Number of Water Softeners: 0
  • Basement: None
  • Heating Fuel: Electric
  • Heating Type: Radiant
  • Number of Efficiencies: 16
Room Information
Bedrooms
  • Number of 1 Bedrooms: 16
  • Number of 2 Bedrooms: 0
  • Number of 3+ Bedrooms: 0
Multi Family
Unit Information
  • Number of Units w/AC: 2
  • Number of Units: 2
Income & Expenses Information
  • Total Income: $0
Unit 1
  • U1 Landlord Pays Heat: No
  • U1 Landlord Pays Electric: No
  • U1 Landlord Pays Water/Sewer: No
  • Unit 1: Family/Rec rm,Dining room,Den/office,Balcony/patio,Range/oven,Refrigerator,Washer/dryer,Individual heat control,Pantry
  • U1 Parking: Street
  • U1 Number of Bedrooms: 8
  • U1 Full Baths: 2
  • U1 Half Baths: 2
  • U1 SqFt: 7000
  • Unit 1 Bedroom 3 Level: M
  • Unit 1 Dining Room Level: M
  • Unit 1 Kitchen Level: M
  • Unit 1 Living/Great Room Level: M
  • Unit 1 Primary BedRoom Level: M
  • Unit 1 Other Room 2 Level: M
  • Unit 1 Other Room 3 Level: M
  • Unit 1 Other Room Level: M
  • Unit 1 Bedroom 2 Level: M
  • Unit 1 Bedroom 2 Dimensions: 14x14
  • Unit 1 Bedroom 3 Dimensions: 14x14
  • Unit 1 Dining Room Dimensions: 36x12
  • Unit 1 Kitchen Dimensions: 18x13
  • Unit 1 Living/Great Room Dimensions: 30x20
  • Unit 1 Primary BedRoom Dimensions: 14x14
  • Unit 1 Other Room 2 Dimensions: 14x14
  • Unit 1 Other Room 3 Dimensions: 14x14
  • Unit 1 Other Room Dimensions: 14x14
  • Unit 1 Other Room: Bedroom
  • Unit 1 Other Room 2: Bedroom
  • Unit 1 Other Room 3: Bedroom
Unit 2
  • U2 Landlord Pays Heat: No
  • U2 Landlord Pays Electric: No
  • U2 Landlord Pays Water/Sewer: No
  • Unit 2: Family/Rec rm,Dining room,Den/office,Balcony/patio,Air conditioning,Range/oven,Refrigerator,Individual heat control,In-unit laundry,Pantry
  • U2 Parking: Street
  • Unit 2 Bedroom 2 Level: M
  • Unit 2 Bedroom 3 Level: M
  • Unit 2 Dining Room Level: M
  • Unit 2 Kitchen Level: M
  • Unit 2 Living/Great Rm Level: M
  • Unit 2 Primary BedRm Level: M
  • Unit 2 Other Room 2 Level: M
  • Unit 2 Other Room 3 Level: M
  • Unit 2 Other Room Level: M
  • Unit 2 Bedroom 2 Dimensions: 14x14
  • Unit 2 Bedroom 3 Dimensions: 14x14
  • Unit 2 Dining Room Dimensions: 36x12
  • Unit 2 Kitchen Dimensions: 18x13
  • Unit 2 Living/Great Rm Dimensions: 30x20
  • Unit 2 Primary BedRm Dimensions: 14x14
  • Unit 2 Other Room 2 Dimensions: 14x14
  • Unit 2 Other Room 3 Dimensions: 14x14
  • Unit 2 Other Room Dimensions: 14x14
  • Unit 2 Other Room: Bedroom
  • Unit 2 Other Room 2: Bedroom
  • Unit 2 Other Room 3: Bedroom
  • U2 Number of Bedrooms: 8
  • U2 Full Baths: 2
  • U2 Half Baths: 2
  • U2 SqFt: 7000

Property History for 497 S Lake

DateEvent & SourcePriceAppreciation
Sep 2, 2025

Price Change

SCWMLS #1999848

$699,000—
Sep 2, 2025

Listed (Active)

SCWMLS #1999848

$595,000—
Aug 30, 2025

Off Market

SCWMLS #1999848

—
May 15, 2025

Listed (Active)

SCWMLS #1999848

$699,000—
DateEvent & SourcePrice
09/02/2025

Price Change

SCWMLS #1999848

$699,000
09/02/2025

Listed (Active)

SCWMLS #1999848

$595,000
08/30/2025

Off Market

SCWMLS #1999848

—
05/15/2025

Listed (Active)

SCWMLS #1999848

$699,000

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

Schools near 497 S Lake

This home is within Montello School District.
Rating
School
Type
Grades
Distance
Forest Lane Elementary School
Public - PK to 6
Montello Jr/Sr High School
Public - 7 to 12
Montello Virtual Charter School
Charter - PK to 12
High Marq Environmental Charter School
Charter - 6 to 12
Rating
School
Distance
Forest Lane Elementary School
PublicPK to 6

Montello Jr/Sr High School
Public7 to 12

Montello Virtual Charter School
CharterPK to 12

High Marq Environmental Charter School
Charter6 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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More information about 497 S Lake, Montello, WI 53949

497 S Lake is a multi-family home for sale in Montello, WI 53949. This property was listed for sale on May 15, 2025 by United Country Midwest Lifestyle Properties, it's currently listed at $595,000. This listing's school district is Montello School District. Nearby schools include Forest Lane Elementary School, Montello Jr/Sr High School and Montello Virtual Charter School. 497 S Lake is a 16-bed, 8-bath, 14,000 sqft multi-family home built in 999.

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 United Country Midwest Lifestyle Properties

Based on information from one of the following Multiple Listing Services: Metro Multiple Listing Service (Metro MLS), REALTORS Association of Northeast Wisconsin. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Metro Multiple Listing Service (Metro MLS), REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 10/13/2025 07:21 PM Listing presented by Compass RE WI-Tosa. Information is supplied by seller and other third parties and has not been verified. Copyright 2025 – WiREx. – All Rights Reserved