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$400,000

  • Sold
  • Closed
  • Multi-Family
  • 4 Total Beds
  • 4 Car Garage
See This Home
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This opportunity presents an excellent chance to generate substantial rental income. The property comprises 4 rental units spread across two separate houses, as well as a spacious 24 x 40 garage, all situated on a one-acre wooded lot. The first building underwent reconstruction in the early 2000s and now features two units, each boasting two bedrooms and a full bathroom, as well as a full basement. Each units is on separate utilities The second building contains two units: the first unit consists of two bedrooms with a full bathroom, and a extra bonus room. The upper unit offers two bedrooms with a full bathroom. Notably, the detached garage also serves as a source of rental income.

Full Property Details for 8305 N Solon Rd

General

  • Sold For: $400,000
  • Taxes: $7,563 (2024)
  • Status: Closed
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12466570
  • Added to Site: 130 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 2

Bedrooms

  • Total Bedrooms: 4

Parking

  • Garage: Yes
  • Garage Spaces: 4
  • Total Spaces: 10
  • Parking Features: Yes, Detached, Garage

Location

  • Area: Richmond
  • County: McHenry
  • Driving Directions: Rt 12 to N Solon rd. Head North to property located on the West side of rd.

School Information

  • School District: 157
  • Midd School District: 157
  • Elementary School: Richmond-Burton Community High S
  • Middle School: Richmond-Burton Community High S
  • High School: Richmond-Burton Community High S
  • Private School: Richmond-Burton Community High S

Heating & Cooling

  • Heating Type: Natural Gas

Utilities

  • Water: Well

Structural Information

  • Construction: Vinyl Siding, Cedar
  • Exterior Const.: Vinyl Siding, Cedar
  • Basement Desc.: Cellar, Full
  • Year Built: 1896
  • Built Before 1978: Yes
  • Remodeled/Updated: 2000

Unit Information

  • Units in Building: 4

Lot Features

  • Lot Size Range: 1.0 to 1.99 Acres
  • Lot Dimensions: 165 x 264

Financial Considerations

  • Assessment Year: 1896
  • Tax Amount: $7,563
  • Tax Year: 2024

Disclosures and Reports

  • Ownership: Fee Simple
  • Special Conditions: List Broker Must Accompany
  • Property ID: 422400008

Listed by RE/MAX Plaza
Sold by RE/MAX All Pro - St Charles

Listing agent

— 8305 N Solon Rd —

  • RE/MAX Plaza

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 8305 N Solon Rd

School Districts:Nippersink School District 2, Richmond-Burton Community High School District 157
NameGradesDistance
Richmond Grade School
5815 Broadway Road, Richmond, IL 60071
PK-52.7 mi
Nippersink Middle School
10006 North Main Street, Richmond, IL 60071
6-82.2 mi
Richmond-Burton High School
8311 State Route 31, Richmond, IL 60071
9-121.5 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 8305 N Solon Rd

Date
Details
Price
Change
Source
11/05/2025
Sold
$400,000
-2.44%
MLS
9/08/2025
Listed
$410,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by RE/MAX Plaza
Sold by RE/MAX All Pro - St Charles

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8305 N Solon Road, Richmond, IL 60071 (MLS# 12466570) is a Multi-Family property that was sold at $400,000 on November 05, 2025. Want to learn more about 8305 N Solon Road? Do you have questions about finding other Multi-Family real estate for sale in Richmond? You can browse all Richmond real estate or contact a Coldwell Banker agent to request more information.