325 W South 3rd Street, Deland, IL 61839
Description
A rare opportunity to own a piece of local history! Why settle for a standard apartment complex when you can own a local landmark? This stunning schoolhouse has been completely reimagined, blending early 20th-century architecture with modern residential comforts. Currently, the building features five units. These aren’t your typical rentals; they boast the “cool factor” that modern tenants crave. Massive Windows: Flooding rooms with natural light. Original Details: high ceilings, exposed brick, and wide hallways. These units are ready to lease, but the true upside lies in the unfinished wing. With thousands of square feet of additional raw space, the layout easily accommodates 6 to 8 more units, or even an event space in the old gym. The possibilities are endless! You can nearly double your door count without the cost of a ground-up build, not to mention the property is built to a standard of durability rarely seen today. Opportunities of this scale and character are rare. Whether you are looking to expand your portfolio or create a homestead, this schoolhouse is ready for its next chapter.
- Listing Courtesy of: KELLER WILLIAMS-TREC
Details
Updated on June 28, 2026 at 1:01 pm-
Property ID MRD12619780
-
Price $315,000
-
Year Built 1909
-
Property Type Multi Family
-
Property Status Active
-
Parcel Number 04002200000501
-
Sewer Septic Tank
-
MLS Status Active
-
Co List Agent MLS ID MRD952719
-
Days On Market 73
-
Cumulative Days On Market 13
-
Tax Annual Amount 751
-
Cooling Heat Pump
-
Directions From Deland Monticello Rd, turn west onto County Rd 2225 N. The property will be on the left at 325 SW 3rd St.
-
StoriesTotal 2
Address
Open on Google Maps- Address 325 W South 3rd Street
- City Deland
- State/county IL
- Zip/Postal Code 61839
- Country United States
Overview
- Multi Family
- 1909
Mortgage Calculator
- Down Payment
- Loan Amount
- Monthly Mortgage Payment
- Property Tax
- Home Insurance
- PMI
- Monthly HOA Fees