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$165,000
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Property Description
Bring your vision to this two-story, two-unit property offering outstanding potential for investors and owner-occupants alike. Owned by the same family for many years, the property has been owner-occupied, with the second unit occupied by friends and family in need of a place to stay over the years. Because it has never been operated as a traditional income-producing rental, this is a unique opportunity to establish market rents and build equity through thoughtful improvements. The first-floor unit has been used as a residence for the last 30 years. This is a nonconforming use that must revert back to business upon the sale of the property. Whether you're looking to expand your investment portfolio, renovate and maximize returns, or live in one unit while generating income from the other, this property offers the flexibility and potential to make it your own. Opportunities like this don't come along often-unlock the possibilities and create lasting value.
Full Property Details
Full Property Details for 515 Main St
General
- Price: $165,000
- Taxes: $909 (2025)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12694583
- Updated: 7/12/2026
- Added to Site: 13 day(s) ago
Interior
- Basement: Crawl Spac
Rooms
Bathrooms
- Total Bathrooms: 2
- Upper - Full Baths: 1
Bedrooms
- Total Bedrooms: 3
Parking
- Total Spaces: 1
- Parking Features: Yes
Location
- Area: Kirkland
- County: DeKalb
- Township: Franklin
- Driving Directions: From the corner of state route 72 and 6th street, head east for half a block. Property is located on the north side of route 72 (Main Street)
School Information
- School District: 426
- Elem School District: 426
- Midd School District: 426
- High School District: 426
- Elementary School: Hiawatha Elementary School
- Middle School: Hiawatha Jr And Sr High School
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Crawl Space
- Year Built: 1900
- Built Before 1978: Yes
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 23.67 x 65+/- x 24+/- x 68+/-
Financial Considerations
- Assessment Year: 1900
- Tax Amount: $909.26
- Tax Year: 2025
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 126206011
Listed by Elm Street REALTORS
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Schools
Schools serving 515 Main St
School District:Hiawatha Community Unit School District 426
| Name | Grades | Distance |
|---|---|---|
Hiawatha Elementary School Prek-8 PO Box 428, Kirkland, IL 60146 | PK-5 | 0.5 mi |
Hiawatha High School PO Box 428, Kirkland, IL 60146 | 6-12 | 0.5 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 515 Main St
Date
Details
Price
Change
Source
7/01/2026
Listed
$165,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 515 Main St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$930
—
$35,363
8%
2024
$930
-3%
$32,713
9%
2023
$959
-37%
$30,130
16%
2021
$1,534
50%
$25,986
5%
2020
$1,024
-2%
$24,668
3%
2019
$1,042
—
$23,943
3%
2018
$1,047
—
$23,262
3%
2017
$1,048
-2%
$22,676
2%
2016
$1,067
-1%
$22,166
7%
2015
$1,080
96%
$20,803
29%
2014
$551
-51%
$16,091
-3%
2013
$1,117
-3%
$16,560
-8%
2012
$1,156
—
$17,986
—
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 515 Main St
515 Main Street, Kirkland, IL 60146 (MLS# 12694583) is a Multi-Family property with 2 units containing 3 bedrooms and 0 full bathrooms. 515 Main Street is currently listed for $165,000 and was received on July 01, 2026. Want to learn more about 515 Main Street? Do you have questions about finding other Multi-Family real estate for sale in Kirkland? You can browse all Kirkland real estate or contact a Coldwell Banker agent to request more information.

