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$205,000
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Property Description
Looking for a rock-solid addition to your portfolio or a smart way to let a tenant pay your mortgage? This meticulously maintained brick ranch duplex is the perfect find. Fully occupied and generating $2,550 in monthly gross rent, this building offers the stability of a long-term resident in one unit and a fresh, market-rate lease in the other. The Layout: Spacious & Functional Unlike your standard multi-family, this is a true side-by-side ranch featuring an attached garage and a full basement under both units, providing massive storage or future expansion potential. The West Unit: Features brand-new luxury vinyl plank flooring for a modern, durable finish. This unit comes with a refrigerator replaced just four years ago and a brand-new washer and dryer (only two months old) that stay with the home. Tenant on a lease at $1300/mo The East Unit: Home to a reliable, long-time resident ($1,250/mo), this unit features an oven replaced within the last two years. Key Investment Highlights Instant Income: Total monthly rent is $2,550 ($1,300/mo and $1,250/mo) - Better than 1% rule Flexible Occupancy: One unit is currently on a month-to-month lease, making this the perfect opportunity for an owner-occupant to move in while continuing to collect rent from the neighboring side. Low Maintenance: All kitchen appliances convey with the sale. The owner's side includes a washer and dryer, while the tenant side provides their own, keeping your appliance liability low. Solid Bones: Classic brick construction with a functional layout that remains in high demand for renters and homeowners alike. Prime Location Situated in a great, accessible location, this property is perfectly positioned for long-term appreciation and ease of management. Whether you are a seasoned investor or looking for your first "house-hacker" special, this is a lucrative, turn-key opportunity you won't want to miss! Some settlement has occurred in the basement - this was professionally resolved and the building comes with a transferrable warranty on the work.
Full Property Details
Full Property Details for 463 Orchard Ln
General
- Sold For: $205,000
- Taxes: $7,836 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12652033
- Added to Site: 48 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Additional Information
- Other Features: Interstate Access
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Yes, Attached, Garage
Location
- Area: Beecher
- County: Will
- Driving Directions: Dixie Hgwy south into town, left on Orchard, property is on the left
School Information
- School District: 200U
- Midd School District: 200U
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Water: Public
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Unfinished, Full
- Year Built: 1968
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 145 x 69
Financial Considerations
- Assessment Year: 1968
- Tax Amount: $7,836
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 2222164000020000
Listed by Pluchar Properties LLC
Sold by eXp Realty
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Schools
Schools serving 463 Orchard Ln
School District:Beecher Community Unit School District 200u
| Name | Grades | Distance |
|---|---|---|
Beecher Elementary School PO Box 308, Beecher, IL 60401 | PK-5 | 0.4 mi |
Beecher Junior High School 101 East Church Road, Beecher, IL 60401 | 6-8 | 0.8 mi |
Beecher High School, Beecher, IL PO Box 338, Beecher, IL 60401 | 9-12 | 0.2 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 463 Orchard Ln
Date
Details
Price
Change
Source
6/08/2026
Sold
$205,000
-8.89%
MLS
5/18/2026
Listed
$225,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
463 Orchard Lane, Beecher, IL 60401 (MLS# 12652033) is a Multi-Family property that was sold at $205,000 on June 08, 2026. Want to learn more about 463 Orchard Lane? Do you have questions about finding other Multi-Family real estate for sale in Beecher? You can browse all Beecher real estate or contact a Coldwell Banker agent to request more information.

