Date
Details
Price
Change
Source
2/27/2026
Sold
$675,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$675,000
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Property Description
ALL OFFERS TO BE ON TRI-COUNTY CONTRACTS. CALL LISTING OFFICE IF YOU NEED ASSISTANCE. EM Payable to: TBD pending sale. Send to Fawn Ridge Real Estate 3-203 Association Dr. Lake Carroll, IL 61046 Sqft is per county and should be confirmed by buyer. Excellent investment opportunity featuring four well-maintained ranch-style duplex buildings for a total of eight units. Built in 2007, each single-story duplex offers two side-by-side 2-bedroom units, each with its own private 1-stall garage. All units include appliances and convenient main-floor laundry. The property has a strong rental history and has been consistently well cared for, making it a turnkey option for investors seeking stable income. Quality construction, functional layouts, and easy maintenance add to the long-term appeal of this solid multifamily investment.
Full Property Details
Full Property Details for 502-516 Cedar St
General
- Sold For: $675,000
- Taxes: $11,842 (2024)
- Status: Closed
- Type: Multi-Family
- Source: 2606
- MLS ID: 202507564
- Added to Site: 121 day(s) ago
Interior
- Appliances: Disposal, Dishwasher, Microwave, Refrigerator, Stove/Cooktop
Parking
- Total Spaces: 8
Location
- Area: Carroll County
- County: Carroll
School Information
- School District: Eastland
- Elementary School: Eastland
- Middle School: Eastland
- High School: Eastland
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Forced Air, Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: City
- Water: City
- Sep. Elec Meters: Yes
Structural Information
- Architectural Style: 1 Story
- Exterior Const.: Vinyl
- Basement: Yes
- Roof: Shingle
- Square Feet: 2,144
- Year Built: 2007
Unit Information
Unit 1
- Square Feet: 1072
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Square Feet: y/y
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Square Feet: 1072
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Square Feet: 1072
- Total Bathrooms: 1
- Bedrooms: 2
Unit 5
- Total Bathrooms: 1
- Bedrooms: 2
Unit 6
- Total Bathrooms: 1
- Bedrooms: 2
Financial Considerations
- Price Per Sq. Ft.: $314.83
- For Sale/Rent/Lease: For Sale
- Tax Amount: $11,842
- Tax Year: 2024
Disclosures and Reports
- Legal Description: LOT 6 MGM ESTATES S19 T25 R7 01-001-712-06 LOT 7 MGM ESTATES S19 T25 R7 01-001-712-07 LOT 8 MGM ESTATES S19 T25 R7 01-001-712-08 LOT 9 MGM ESTATES S19 T25 R7 01-001-712-09
- Flood plain: Yes
Listed and Sold by Fawn Ridge Real Estate Co.
Listing agent
— 502-516 Cedar St —
Fawn Ridge Real Estate Co.
MAIN: 815-493-2829
NMLS#: 1598647Get Pre-Approved Today
Price & Sales History for 502-516 Cedar St
502-516 Cedar Street, Shannon, IL 61078 (MLS# 202507564) is a Multi-Family property that was sold at $675,000 on February 27, 2026. Want to learn more about 502-516 Cedar Street? Do you have questions about finding other Multi-Family real estate for sale in Shannon? You can browse all Shannon real estate or contact a Coldwell Banker agent to request more information.