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$437,000
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Property Description
Excellent opportunity to own an 8-unit multifamily property in charming Shabbona, Illinois-just minutes from scenic Shabbona Lake State Park. This well-maintained, two-story building features eight spacious 2-bedroom, 1-bath units-four on the first floor and four on the second. Each unit is individually metered with separate furnaces, water heaters and washer/dryer allowing for reduced owner expenses. Tenants pay their own water, electricity, and gas, making this an ideal low-overhead investment. The property is conveniently located near outdoor recreation and local amenities, attracting long-term tenants and vacationers alike. Strong rental potential in a quiet, desirable area. Whether you're a seasoned investor or just entering the multifamily market, this property offers stable income and future upside.
Full Property Details
Full Property Details for 501 W Comanche Ave
General
- Sold For: $437,000
- Taxes: $13,781 (2024)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12408343
- Added to Site: 190 day(s) ago
Location
- Area: Shabbona
- County: DeKalb
- Driving Directions: IL-30, turn North on to IL-23 to Shabbona, W Comanche Ave on your left.
Community
- Assoc. Fees Include: Exterior Maintenance, Lawn Care, Snow Removal
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Individual Furnaces
Structural Information
- Construction: Wood, Cedar
- Exterior Const.: Wood, Cedar
- Basement Desc.: None
- Roof: Composition
- Stories/Levels: 2
- Current Bldg. Use: Multi-Family
- Year Built: 1992
Unit Information
- Units w/Refrigerators: 8
- Units w/Range/Oven: 8
- # Dryers: 8
Lot Features
- Lot Dimensions: 180 x 130.75 x 46.95 x 100 x 43.33 x 17 x 86
- Frontage: Frontage Road, State Road, US Highway
- Potential Use: Multi-Family
- Zoning: MULTI
Financial Considerations
- Operating Expenses: $8,693
- Assessment Year: 1992
- Tax Amount: $13,781
- Tax Year: 2024
Disclosures and Reports
- Documents Avail.: Existing Survey
- Property ID: 1315302020
Listed by American Realty Illinois LLC
Sold by American Realty Illinois LLC
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Schools
Schools serving 501 W Comanche Ave
School District:Indian Creek Community Unit District 425
| Name | Grades | Distance |
|---|---|---|
Shabbona Elementary School, Shabbona, IL 301 West Cherokee Avenue, Shabbona, IL 60550 | PK-4 | 0.4 mi |
Indian Creek Middle School 335 East Garfield Street, Waterman, IL 60556 | 5-8 | 5.8 mi |
Indian Creek High School 506 South Shabbona Road, Shabbona, IL 60550 | 9-12 | 0.4 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 501 W Comanche Ave
Date
Details
Price
Change
Source
9/19/2025
Sold
$437,000
1.63%
MLS
7/09/2025
Listed
$430,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
501 W Comanche Avenue, Shabbona, IL 60550 (MLS# 12408343) is a Commercial property that was sold at $437,000 on September 19, 2025. Want to learn more about 501 W Comanche Avenue? Do you have questions about finding other Commercial real estate for sale in Shabbona? You can browse all Shabbona real estate or contact a Coldwell Banker agent to request more information.

