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$305,000
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Property Description
Welcome to a unique investment opportunity in the charming town of Durand, Illinois! This well-maintained multi-family property features five one-bedroom units, each currently occupied by long-term tenants with the exception of one vacant unit. Each unit is in excellent condition, ensuring a hassle-free investment. All units come equipped with stackable washers and dryers, and all appliances are included in the sale. Enjoy generous living & dining areas, perfect for relaxation and entertaining. Each apartment boasts its own private patio, providing outdoor space for tenants to enjoy. A five-stall detached garage offers additional storage options for tenants or the potential for extra rental income. The property features a sizable yard with no neighbors behind, ensuring privacy and a peaceful environment. Roof was replaced in 2014, along with windows in 2006. All doors are 36 inches wide. Easy to rent & good return. This multi-family property is a rare find in Durand, making it an excellent investment opportunity or a perfect addition to your real estate portfolio. Don't miss out on this chance to own a piece of this quaint town!
Full Property Details
Full Property Details for 203 S Newman St
General
- Sold For: $305,000
- Taxes: $6,891 (2024)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12478573
- Added to Site: 115 day(s) ago
Location
- Area: Durand
- County: Winnebago
- Driving Directions: Call listing agent for directions
Heating & Cooling
- Heating Type: Electric
Structural Information
- Construction: Vinyl Siding, Brick
- Exterior Const.: Vinyl Siding, Brick
- Basement Desc.: None
- Roof: Composition
- Stories/Levels: 1
- Current Bldg. Use: Multi-Family
- Year Built: 1977
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 5
- Units w/Range/Oven: 5
Lot Features
- Lot Size (Acres): 0.47
- Lot Dimensions: 155 x 130
Financial Considerations
- Assessment Year: 1977
- Tax Amount: $6,891
- Tax Year: 2024
- Tenant Pays: Electricity
Disclosures and Reports
- Property ID: 515229003
Listed by Keller Williams Realty Signature
Sold by Best Realty
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Schools
Schools serving 203 S Newman St
School District:Durand Community Unit School District 322
| Name | Grades | Distance |
|---|---|---|
Durand Elementary School 200 West South Street, Durand, IL 61024 | PK-6 | 0.6 mi |
Durand Jr High School 200 West South Street, Durand, IL 61024 | 7-8 | 0.6 mi |
Durand High School 200 West South Street, Durand, IL 61024 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 203 S Newman St
Date
Details
Price
Change
Source
10/16/2025
Sold
$305,000
-3.17%
MLS
9/23/2025
Listed
$315,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
203 S Newman Street, Durand, IL 61024 (MLS# 12478573) is a Commercial property that was sold at $305,000 on October 16, 2025. Want to learn more about 203 S Newman Street? Do you have questions about finding other Commercial real estate for sale in Durand? You can browse all Durand real estate or contact a Coldwell Banker agent to request more information.

