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$499,900 Just Listed
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Property Description
Hurry! Very rarely do solid buildings like this become available in this area! Highly desirable! This 3-unit has been well maintained throughout! Partial brick on deep lot with extra storage shed and 7 off street parking spaces! Unit A features 2 levels of living space with 2 gracious size bedrooms, lower level living room, 1 full bath, hardwood and vinyl flooring and plenty of natural light! Unit B has 2 good size bedrooms, carpet and vinyl flooring and full bath! Unit C is a 2 level unit with an additional 2 bedrooms and full bath! Unit A has been recently remodeled! Separate utility area with coin laundry! Rents are well below market! Some long term tenants, all would like to stay! Close to downtown West Dundee! Great investment!
Full Property Details
Full Property Details for 505 Ryan Ln
General
- Price: $499,900
- Taxes: $10,272 (2024)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12567727
- Updated: 2/18/2026
- Added to Site: 1 day(s) ago
Interior
- Basement: Unfinished
Rooms
Bathrooms
- Total Bathrooms: 4
- Upper - Full Baths: 3
Bedrooms
- Total Bedrooms: 6
Additional Information
- Other Features: School Bus Service
Parking
- Total Spaces: 7
- Parking Features: Yes
Location
- Area: Dundee / East Dundee / Sleepy Hollow / West Dundee
- County: Kane
- Township: Dundee
- Driving Directions: Rt 31 / 8th St 2 Strom Dr (changes to Ryan) 2 Home
School Information
- School District: 300
- Elem School District: 300
- Midd School District: 300
- High School District: 300
Heating & Cooling
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Aluminum Siding, Vinyl Siding
- Exterior Const.: Aluminum Siding, Vinyl Siding
- Basement: Yes
- Basement Desc.: Unfinished, Partial
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Year Built: 1969
- Built Before 1978: Yes
Unit Information
- Units in Building: 3
Lot Features
- Lot Size (Acres): 0.18
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 65 x 120
Financial Considerations
- Assessment Year: 1969
- Tax Amount: $10,272.74
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 327233002
Listed by RE/MAX Horizon
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Schools
Schools serving 505 Ryan Ln
School District:Community Unit School District 300
| Name | Grades | Distance |
|---|---|---|
Dundee Highlands Elementary School 407 South 5th Street, West Dundee, IL 60118 | K-5 | 0.1 mi |
Oak Ridge School 300 Cleveland Avenue, Carpentersville, IL 60110 | 9-12 | 1.1 mi |
Dundee Middle School, Dundee, IL 4200 West Main Street, Dundee, IL 60118 | 6-8 | 3.3 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 505 Ryan Ln
Date
Details
Price
Change
Source
2/18/2026
Listed
$499,900
—
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 505 Ryan Ln
Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,273
6%
$126,029
11%
2023
$9,704
16%
$113,397
19%
2022
$8,375
3%
$95,062
6%
2021
$8,110
—
$89,757
2%
2021
$8,110
5%
$87,739
5%
2019
$7,743
-20%
$83,291
-18%
2018
$9,660
5%
$101,289
7%
2017
$9,243
-2%
$94,751
3%
2016
$9,445
5%
$91,742
9%
2015
$9,027
-1%
$83,844
3%
2014
$9,073
5%
$81,528
-2%
2013
$8,631
—
$82,918
—
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 505 Ryan Ln
505 Ryan Lane, West Dundee, IL 60118 (MLS# 12567727) is a Multi-Family property with 3 units containing 6 bedrooms and 0 full bathrooms. 505 Ryan Lane is currently listed for $499,900 and was received on February 18, 2026. Want to learn more about 505 Ryan Lane? Do you have questions about finding other Multi-Family real estate for sale in West Dundee? You can browse all West Dundee real estate or contact a Coldwell Banker agent to request more information.

