501 N Third Street, Villa Grove, IL 61956
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501 N Third Street, Villa Grove, IL 61956
501 N Third Street, Villa Grove, IL 61956
501 N Third Street, Villa Grove, IL 61956
501 N Third Street, Villa Grove, IL 61956
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Listed by Cassandra Eversole-Gunterof Heartland Real Estate of Central Illinois, Inc
$ 140,000
Est. payment /mo
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Active

501 N Third Street Villa Grove, IL 61956

3 Beds

1 Bath

1,408 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached Single

Listing Status Active

Purchase Type For Sale

Square Footage 1,408 sqft

Price per Sqft $99

MLS Listing ID 12583733

Bedrooms 3

Full Baths 1

Year Built 1919

Annual Tax Amount $1,789

Tax Year 2024

Lot Size 7,797 Sqft

Lot Dimensions 50X142

Property Sub-Type Detached Single

Property Description

501 N THIRD AND 506 E WILSON The seller is offering both of these houses on the same lot for $140,000.00 AND $10,000.00 CASH BACK AT CLOSING TO HELP YOU BUILD A GARGAE. DON'T MISS THIS ONE. Investment Opportunity - Two Homes for One Price! Don't miss this unique opportunity to own two homes for just $140,000! Whether you're looking for an income-producing property or a flexible living arrangement, this property offers incredible potential. The front house features 3 bedrooms and 1 full bathroom, providing comfortable living space with plenty of room. The back house includes 2 bedrooms and 1 bathroom, perfect for extended family, guests, or rental income. Both homes are in very nice condition, making this a move-in ready investment with multiple possibilities: Live in one home and rent the other for extra income Create a mother-in-law or guest quarters Use as a dual rental property for strong investment potential Ideal for multi-generational living Properties with this kind of flexibility are rare. With two homes on one property, the options are endless! Schedule a showing today and explore the possibilities!

Location

State IL

County Douglas

Rooms

Basement None

Interior

Heating Natural Gas

Cooling Central Air

Fireplace N

Appliance Refrigerator, Gas Cooktop, Gas Oven

Exterior

View Y/N true

Building

Story 1 Story

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding

New Construction false

Schools

Elementary Schools Villa Grove Elementary School

Middle Schools Villa Grove Junior High School

High Schools Villa Grove High School

School District 302, 302, 302

Others

HOA Fee Include None

Ownership Fee Simple

Special Listing Condition None

Midwest Real Estate Data (MRED) VOW
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
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501 N Third Street