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$229,000
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Property Description
Rare investment opportunity in Gardner. This converted home has 3 rentable apartments. The first apartment is on the main floor and is a 2 bed, 1 bath. The second apartment is on the 2nd floor and is also a 2 bed 1 bath. The third apartment is on the main floor and is a 1 bed, 1 bath. All currently leased on yearly basis. Call your agent to view!
Full Property Details
Full Property Details for 107 N Elm St
General
- Price: $229,000
- Taxes: $4,872 (2023)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12393974
- Updated: 2/9/2026
- Added to Site: 250 day(s) ago
Interior
- Basement: Cellar, Par
Rooms
Bathrooms
- Total Bathrooms: 3
- Upper - Full Baths: 3
Bedrooms
- Total Bedrooms: 5
Additional Information
- Other Features: Interstate Access, Flood Zone
Parking
- Total Spaces: 4
- Parking Features: Yes
Location
- Area: Gardner
- County: Grundy
- Township: Braceville
- Driving Directions: I55 S to Exit 227 E on Main St to Elm and go North to property
School Information
- School District: 72C
- Elem School District: 72C
- Midd School District: 72C
- High School District: 73
- Elementary School: Gardner Elementary School
- Middle School: Gardner Elementary School
- High School: Gardner-South Wilmington Twp H S
- Private School: Gardner-South Wilmington Twp H S
Heating & Cooling
- Heating Type: Steam
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Other
- Exterior Const.: Other
- Basement: Yes
- Basement Desc.: Cellar, Partial
- Built Before 1978: Yes
Unit Information
- Units in Building: 3
Lot Features
- Lot Size Range: .25 to .49 Acre
- Lot Dimensions: 108 x 195
Financial Considerations
- Tax Amount: $4,872
- Tax Year: 2023
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 1204462013
Listed by Lori Bonarek Realty
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Schools
Schools serving 107 N Elm St
School Districts:Gardner-South Wilmington Township High School District, Gardner Community Consolidated School District 72c
| Name | Grades | Distance |
|---|---|---|
Gardner Elementary School, Gardner, IL 598 North Elm Street, Gardner, IL 60424 | PK-8 | 0.5 mi |
Gardner-South Wilmington Twp High School 500 East Main Street, Gardner, IL 60424 | 9-12 | 0.5 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 107 N Elm St
Date
Details
Price
Change
Source
11/13/2025
Price Reduced
$229,000
-11.89%
MLS
8/28/2025
Price Reduced
$259,900
-3.71%
MLS
6/16/2025
Listed
$269,900
—
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 107 N Elm St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,525
24%
$67,401
24%
2022
$4,471
2%
$54,549
7%
2021
$4,399
—
$51,148
3%
2021
$4,399
3%
$49,462
6%
2020
$4,278
3%
$46,795
1%
2018
$4,156
1%
$46,372
1%
2017
$4,118
-4%
$46,132
-4%
2016
$4,295
-2%
$47,919
-2%
2015
$4,397
2%
$48,927
1%
2014
$4,318
-1%
$48,414
-4%
2013
$4,354
3%
$50,170
-3%
2012
$4,237
—
$51,540
—
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 107 N Elm St
107 N Elm Street, Gardner, IL 60424 (MLS# 12393974) is a Multi-Family property with 3 units containing 5 bedrooms and 0 full bathrooms. 107 N Elm Street is currently listed for $229,000 and was received on June 16, 2025. Want to learn more about 107 N Elm Street? Do you have questions about finding other Multi-Family real estate for sale in Gardner? You can browse all Gardner real estate or contact a Coldwell Banker agent to request more information.

