501 N Third Street, Villa Grove, IL 61956
- $140,000
Description
501 N THIRD AND 506 E WILSON The seller is offering both of these houses on the same lot for $140,000.00 AND $10,000.00 CASH BACK AT CLOSING TO HELP YOU BUILD A GARGAE. DON’T MISS THIS ONE. Investment Opportunity – Two Homes for One Price! Don’t miss this unique opportunity to own two homes for just $140,000! Whether you’re looking for an income-producing property or a flexible living arrangement, this property offers incredible potential. The front house features 3 bedrooms and 1 full bathroom, providing comfortable living space with plenty of room. The back house includes 2 bedrooms and 1 bathroom, perfect for extended family, guests, or rental income. Both homes are in very nice condition, making this a move-in ready investment with multiple possibilities: Live in one home and rent the other for extra income Create a mother-in-law or guest quarters Use as a dual rental property for strong investment potential Ideal for multi-generational living Properties with this kind of flexibility are rare. With two homes on one property, the options are endless! Schedule a showing today and explore the possibilities!
- Listing Courtesy of: Heartland Real Estate of Central Illinois, Inc
Details
Updated on June 20, 2026 at 6:48 am-
Property ID MRD12583733
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Price $140,000
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Property Size 1408 Sq Ft
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Land Area 0.179 Acres
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Bedrooms 3
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Bathroom 1
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Year Built 1919
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Property Type Single Family
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Property Status Active Under Contract
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Parcel Number 04030230800500
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Water Source Public
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Sewer Public Sewer
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MLS Status Contingent
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Days On Market 96
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Living Area 0.179
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Cumulative Days On Market 97
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Tax Annual Amount 1789.46
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Cooling Central Air
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Heating Natural Gas
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Appliances Refrigerator,Gas Cooktop,Gas Oven
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Directions 4 way stop go east, turn north on 4th street. Turn east on Elm St the houses are on the east side of the street.
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Association Fee Frequency Not Applicable
Address
Open on Google Maps- Address 501 N Third Street
- City Villa Grove
- State/county IL
- Zip/Postal Code 61956
- Country United States
Overview
- Single Family
- 3
- 1
- 1408 Sq Ft
- 1919
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