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$575,000 -$10,000 (-1.71%) Price Reduced

  • For Sale
  • Active
  • Apartment
  • Updated 1 day ago
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Former CBRF, Community based Residential facility, 2 units 8 rooms each. 16 total rooms large living rooms, Kitchens and dining rooms, new carpet front building, 2 full baths in each building, plus Apt. 1 and 6 each have a half bath, private office in each building, all electric heat, window air, sprinkler system in place, no basements, laundry, pantry's and walk out patios. Black top parking out-front on a large lot, 2 car detached garage. Current tenant is relocating. Currently no income. Set your own rents. Great extra income property. many different uses, nursing home, apt. building, efficiency rental. Located in a great historical city of Montello Wi. located near the fox river system. Quiet neighborhood. great investment! Built in 1997. Brick and vinyl exterior. Easy to maintain.

Full Property Details for 497 S Lake St

General

  • Price: $575,000
  • Taxes: $12,363 (2025)
  • Status: Active
  • Type: Apartment
  • Source: Wirex_South_Central_Wisconsin_MLS_Corporation_SCW
  • MLS ID: 1999848
  • Updated: 6/25/2026
  • Added to Site: 407 day(s) ago

Interior

  • Interior Features: Fire Sprinklers, High-Speed Internet

Exterior

  • Exterior Features: Fenced Yard

Parking

  • Parking Features: Outside

Location

  • Municipality: Montello
  • County: Marquette
  • Driving Directions: Lake st. west of Main St Corner property

School Information

  • School District: Montello
  • Elementary School: Call School District
  • Middle School: Montello
  • High School: Montello

Heating & Cooling

  • Heating Fuel: Electric
  • Heating/Cooling: Radiant/Electric

Utilities

  • Water/Sewer: Municipal Water
  • Utility Description: High Speed Internet Available, Separate Electric Meters, Separate Water Meters

Structural Information

  • Description/Design: Apartment Building, 1 Story
  • Exterior Const.: Vinyl, Brick
  • Basement Desc.: None/Slab

Unit Information

  • Units in Building: 2

Unit 1

  • Square Feet: 7000
  • Bedrooms: 8

Unit 2

  • Square Feet: 7000
  • Bedrooms: 8
  • Primary Bedroom: Main Level, 14 x 14
  • Bedroom 2: Main Level, 14 x 14
  • Bedroom 3: Main Level, 14 x 14
  • Living Room: Main Level, 30 x 20,
  • Kitchen: Main Level, 18 x 13,
  • Dining Room: 36 x 12,

Lot Features

  • Lot Size Source: Assessor/Public Record
  • Zoning: B3

Financial Considerations

  • Tax Amount: $12,363
  • Tax Year: 2025

Disclosures and Reports

  • Exclusions: Personal property

Listed by United Country Midwest Lifesty

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— 497 S Lake St —

  • United Country Midwest Lifesty

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NMLS#: 1598647

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NMLS#: 1598647

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with our affiliated in-house agency

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 497 S Lake St

School District:Montello School District
NameGradesDistance
Forest Lane Elementary School
222 Forest Lane, Montello, WI 53949
PK-51 mi
Montello Jr/Sr High School
222 Forest Lane, Montello, WI 53949
6-121 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 497 S Lake St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/25/2026
Price Reduced
$575,000
-1.71%
MLS
3/27/2026
Price Reduced
$585,000
-1.68%
MLS
9/10/2025
Price Reduced
$595,000
-14.88%
MLS
5/15/2025
Listed
$699,000
—
MLS
Get Price Alerts and Save Property
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 for 497 S Lake St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,308
12%
$261,600
—
2024
$6,539
1%
$261,600
—
2023
$6,485
3%
$261,600
—
2022
$6,306
1%
$261,600
—
2021
$6,224
-5%
$261,600
—
2020
$6,581
-2%
$261,600
—
2018
$6,727
1%
$261,600
—
2019
$6,674
-2%
$261,600
—
2017
$6,819
-6%
$261,600
—
2016
$7,293
9%
$261,600
—
2015
$6,716
1%
$261,600
—
2014
$6,621
-3%
$261,600
—
2013
$6,836
—
$261,600
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by United Country Midwest Lifesty

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497 S Lake Street, Montello, WI 53949 (MLS# 1999848) is a Apartment property with 0 bedrooms and 0 full bathrooms. 497 S Lake Street is currently listed for $575,000 and was received on May 15, 2025. Want to learn more about 497 S Lake Street? Do you have questions about finding other Apartment real estate for sale in Montello? You can browse all Montello real estate or contact a Coldwell Banker agent to request more information.

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