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$146,500 Just Listed
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Property Description
A classic two-story home offering 4 or 5 bedrooms and 1-1/2 baths in 1,500 sq. ft. on two city lots. Just the place for a rehabber or handy person looking for a project home to turn a profit or for their very own. Or perhaps an investor looking for a lower-cost rental property to add to their portfolio. Some of the big-ticket items are already done, with a newer furnace and water heater, and roofs on the home, garage and shed completed 8 years ago. Electrical service was upgraded to 100 amp with breakers. The main floor offers a large living room, dining room, kitchen, and a 5th bedroom (or office/craft room). There's also a big half bath with large storage space for a pantry (or future laundry?). And room to relax on the enclosed 18 x 6-foot enclosed porch. The second floor has 4 bedrooms, with the master and one of the others having walk-in closets. The smallest room could be an office, nursery, or used as a very large closet. There's also a full bathroom. Above the second floor, the unfinished attic could be made into a private master bedroom retreat with lots of storage. Or a game room, or whatever. There is a partial basement for good storage areas, as well as laundry hookups. An exterior cellar door provides easy access for moving items in and out of the basement. The exterior includes a 24x22 garage with a large partially floored storage area above it. For even more storage, there's a 12 x 21-foot shed. The home and buildings are offered in as-is condition.
Full Property Details
Full Property Details for 320 E Railroad
General
- Price: $146,500
- Taxes: $4,929 (2025)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12756666
- Updated: 9/11/2026
- Added to Site: 3 day(s) ago
Rental Information
- Complex Features: Sidewalks, Street Paved
Interior
- Basement: Unfinished
- Interior Features: Built-in Features, Walk-In Closet(s)
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Additional Information
- Other Features: School Bus Service
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Gravel, Yes, Detached, Garage
Location
- Area: Baker / Leland
- County: LaSalle
- Township: Adams
- Driving Directions: Rte. 34 to N.4650th, west to E.20th Rd., over tracks to house.
School Information
- School District: 1
- Elem School District: 1
- Midd School District: 1
- High School District: 1
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Septic Tank
- Water: Public
Structural Information
- Architectural Info: American 4-Sq.
- Architectural Style: American Foursquare
- Construction: Other
- Exterior Const.: Other
- Basement: Yes
- Basement Desc.: Unfinished, Exterior Entry, Partial
- Foundation: Block, Brick/Mortar, Concrete Perimeter, Stone
- Roof: Asphalt
- Square Feet: 1,500
- Sq. Ft. Source: Estimated
- Built Before 1978: Yes
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Lot Size Range: .25 to .49 Acre
- Lot Dimensions: 132 x 111
Financial Considerations
- Tax Amount: $4,929.1
- Tax Year: 2025
- Pays Sewer: Septic Tank
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 408211017
Listed by Swanson Real Estate
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Schools
Schools serving 320 E Railroad
School District:Leland Community Unit School District 1
| Name | Grades | Distance |
|---|---|---|
Leland Elementary School, Leland, IL 370 North Main Street, Leland, IL 60531 | PK-8 | 0.3 mi |
Leland High School 370 North Main Street, Leland, IL 60531 | 9-12 | 0.3 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 320 E Railroad
Date
Details
Price
Change
Source
9/11/2026
Listed
$146,500
—
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 320 E Railroad
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,929
1%
$55,665
2%
2024
$4,864
10%
$54,445
13%
2023
$4,410
100%
$48,092
6%
2022
-100%
$45,520
9%
2021
$3,891
4%
$41,700
5%
2020
$3,735
3%
$39,737
4%
2019
$3,642
—
$38,098
4%
2019
$3,642
6%
$36,692
4%
2017
$3,432
1%
$35,118
—
2016
$3,408
—
$35,062
8%
2016
$3,408
—
$32,522
—
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 320 E Railroad
320 E Railroad, Leland, IL 60531 (MLS# 12756666) is a Single Family property with 4 bedrooms, 1 full bathroom and 1 partial bathroom. 320 E Railroad is currently listed for $146,500 and was received on September 11, 2026. Want to learn more about 320 E Railroad? Do you have questions about finding other Single Family real estate for sale in Leland? You can browse all Leland real estate or contact a Coldwell Banker agent to request more information.

