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$79,900
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Property Description
Calling all investors! Value add 2 unit opportunity in Sterling featuring up & downstairs units featuring 2 bed & 1 bath each. Tenants pay all utilities. Lower unit currently occupied and includes basement with laundry. Upstairs unit pending new windows to be installed. Sold as is.
Full Property Details
Full Property Details for 506 Avenue F
General
- Price: $79,900
- Taxes: $2,816 (2024)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12600671
- Updated: 4/1/2026
- Added to Site: 9 day(s) ago
Interior
- Basement: Unfinished
Rooms
Bathrooms
- Total Bathrooms: 2
- Upper - Full Baths: 2
Bedrooms
- Total Bedrooms: 4
Additional Information
- Other Features: School Bus Service
Parking
- Total Spaces: 2
- Parking Features: Yes, Other
Location
- Area: Sterling
- County: Whiteside
- Township: Sterling
- Driving Directions: Corner of Ave F in Sterling
School Information
- School District: 5
- Elem School District: 5
- Midd School District: 5
- High School District: 5
Heating & Cooling
- Heating Type: Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Traditional
- Architectural Style: Traditional
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Unfinished, Full
- Foundation: Block
- Roof: Asphalt
- Year Built: 1900
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 50 x 60
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1900
- Tax Amount: $2,816
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 11213380030000
Listed by RE/MAX of Rock Valley
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Schools
Schools serving 506 Avenue F
School District:Sterling Community Unit District 5
| Name | Grades | Distance |
|---|---|---|
Washington Elementary School, Sterling, IL 815 West Le Fevre Road, Sterling, IL 61081 | 3-5 | 0.7 mi |
Franklin Elementary School, Sterling, IL 1510 East 25th Street, Sterling, IL 61081 | PK-2 | 1.9 mi |
Challand Middle School 1700 6th Avenue, Sterling, IL 61081 | 6-8 | 1.2 mi |
Sterling High School 1608 4th Avenue, Sterling, IL 61081 | 9-12 | 1 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 506 Avenue F
Date
Details
Price
Change
Source
3/26/2026
Listed
$79,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 506 Avenue F
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,754
40%
$26,416
7%
2023
$1,971
-22%
$24,797
5%
2022
$2,535
42%
$23,725
6%
2021
$1,790
4%
$22,374
4%
2020
$1,717
1%
$21,590
2%
2019
$1,694
1%
$21,197
—
2018
$1,677
-28%
$21,231
1%
2017
$2,342
45%
$21,086
3%
2016
$1,612
—
$20,407
—
2015
$1,612
5%
$20,369
-1%
2014
$1,541
-1%
$20,502
-2%
2013
$1,558
—
$20,968
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 506 Avenue F
506 Ave F, Sterling, IL 61081 (MLS# 12600671) is a Multi-Family property with 2 units containing 4 bedrooms and 0 full bathrooms. 506 Ave F is currently listed for $79,900 and was received on March 26, 2026. Want to learn more about 506 Ave F? Do you have questions about finding other Multi-Family real estate for sale in Sterling? You can browse all Sterling real estate or contact a Coldwell Banker agent to request more information.
