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$72,500
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Property Description
Opportunity awaits with this duplex offering 2-bedroom units, separate gas and electric utilities, and owner-paid water -making it an excellent option for both investors and owner-occupants. The main floor unit features a spacious living room that flows into a cozy dining area, with the first bedroom conveniently located just off the dining space. Continue into the kitchen where you'll find access to the basement with washer and dryer hookups, as well as a door leading to the backyard. The second bedroom and full bathroom are also located off the kitchen area. The upper unit offers a private entrance which leads to the kitchen. Just off the kitchen is the first bedroom, while the living room sits beyond the kitchen area and provides access to the full bathroom and the second, smaller bedroom. The upper unit is currently vacant, creating a great owner-occupancy opportunity or immediate rental potential. Outside, the property offers room for improvement and added value with some exterior updates and personal touches. Whether you're looking to expand your investment portfolio, start your real estate investing journey, or live in one unit while generating rental income from the other, this property offers plenty of potential. Sold as is
Full Property Details
Full Property Details for 501 N Main St
General
- Sold For: $72,500
- Taxes: $1,450 (2025)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12642871
- Added to Site: 63 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Location
- Area: Stockton
- County: Jo Daviess
- Driving Directions: take highway 20 to main street
School Information
- School District: 206
- Midd School District: 206
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Water: Public
Structural Information
- Construction: Other
- Exterior Const.: Other
- Basement Desc.: Unfinished, Full
- Year Built: 1920
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 50 x 100
Financial Considerations
- Assessment Year: 1920
- Tax Amount: $1,450
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 17001449000000
Listed by Welcome Home NW Illinois Inc
Sold by Non Member
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Schools
Schools serving 501 N Main St
School District:Stockton Community Unit School District 206
| Name | Grades | Distance |
|---|---|---|
Stockton Elementary School 236 North Pearl Street, Stockton, IL 61085 | PK-4 | 0.2 mi |
Stockton Middle School 500 North Rush Street, Stockton, IL 61085 | 5-8 | 0.3 mi |
Stockton Sr High School 540 North Rush Street, Stockton, IL 61085 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 501 N Main St
Date
Details
Price
Change
Source
6/24/2026
Sold
$72,500
-14.71%
MLS
5/08/2026
Listed
$85,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
501 N Main Street, Stockton, IL 61085 (MLS# 12642871) is a Multi-Family property that was sold at $72,500 on June 24, 2026. Want to learn more about 501 N Main Street? Do you have questions about finding other Multi-Family real estate for sale in Stockton? You can browse all Stockton real estate or contact a Coldwell Banker agent to request more information.
