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$338,000
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Property Description
Great investment opportunity. Eight unit brick appartment building with coin laundry area included with new washer & dryer in 2024 . Property has been very well maintained. Each appartment has 2 bedroom & one bath. Air conditioning and electric heat. Many updates over the past few years include flooring, paint & appliances. One unit has two window A/C's , the other seven have through A/C's. Lorex security cameras inside & out with DVR recording.
Full Property Details
Full Property Details for 500 N 4th St
General
- Sold For: $338,000
- Taxes: $5,774 (2024)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12465174
- Added to Site: 219 day(s) ago
Location
- Area: Watseka
- County: Iroquois
- Driving Directions: Route #1 to Walnut street in Watseka. Turn north onto N 4th street. Go four blocks to corner of 4th St & Elm St. Property is on the northeast corner.
Heating & Cooling
- Heating Type: Electric
Utilities
- Water: Municipal Water
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Roof: Composition
- Stories/Levels: 2
- Year Built: 1965
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 8
- Units w/Range/Oven: 8
- # Dryers: 1
Lot Features
- Lot Dimensions: 100 x 145
- Zoning: COMMR
Financial Considerations
- Operating Expenses: $18,110
- Assessment Year: 1965
- Tax Amount: $5,774.3
- Tax Year: 2024
- Tenant Pays: Electricity
Disclosures and Reports
- Property ID: 19322780120000
Listed by The Williamson Agency
Sold by The Williamson Agency
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Schools
Schools serving 500 N 4th St
School District:Iroquois County Community Unit School District 9
| Name | Grades | Distance |
|---|---|---|
Nettie Davis Elementary School 495 North 4th Street, Watseka, IL 60970 | PK-1 | 0 mi |
Wanda Kendall Elementary School 535 East Porter Avenue, Watseka, IL 60970 | 2-4 | 0.9 mi |
Watseka Junior High School 138 South Belmont Avenue, Watseka, IL 60970 | 5-8 | 0.7 mi |
Watseka Community High School 138 South Belmont Avenue, Watseka, IL 60970 | 9-12 | 0.7 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 500 N 4th St
Date
Details
Price
Change
Source
10/31/2025
Sold
$338,000
-14.43%
MLS
9/12/2025
Price Reduced
$395,000
-1.25%
MLS
9/11/2025
Listed
$400,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
500 N 4th Street, Watseka, IL 60970 (MLS# 12465174) is a Commercial property that was sold at $338,000 on October 31, 2025. Want to learn more about 500 N 4th Street? Do you have questions about finding other Commercial real estate for sale in Watseka? You can browse all Watseka real estate or contact a Coldwell Banker agent to request more information.

