Contact us: 563.441.1776
Description
Fully renovated in 2025, this thoughtfully redesigned property offers a rare opportunity for multigenerational living or income potential, perfect for families wanting to live together while maintaining privacy, or homeowners looking to offset their mortgage by renting a portion of the home. The main level features a bright and welcoming layout with a living room, informal dining area, kitchen, bedroom, full bath, and private laundry, making it a great option for main-level living or a potential mother-in-law suite. Upstairs, a fully self-contained second living space offers two bedrooms, a full bathroom, kitchen with dining area, living room, and its own laundry, creating flexibility for extended family, older children living at home, guests, or potential rental use. Extensive 2025 updates provide peace of mind and modern comfort, including new windows, shingles and gutters, electrical, PEX plumbing, 3 new split units (2 up/1 down) updated interior finishes, and new appliances in both units, along with separate washer and dryer for each living space. Outside, enjoy charming front and back garden areas with mature apple and peach trees, creating a peaceful setting for relaxing or entertaining. Located within walking distance to the Village of Dunlap and with direct access to the Rock Island Trail, this home blends lifestyle, flexibility, and investment potential in one unique property!
Property Highlights
Property Type: Residential - Single Family
Total Living Area SF: 1,570
Garage Size: 2
Built in 1910
High School: Dunlap
General Information
Bedrooms: 3
Bathrooms: 2
Sqft: 1,570
County: Peoria
High School: Dunlap
Subdivision: Alva
Listed By:
RE/MAX Traders Unlimited
Mobile: 309-648-8187
RMLSA
MLS ID: PA1264665
Room Information
Bedroom 1: 13 X 13 Level - Main
Bedroom 2: 13 X 13 Level - Upper
Bedroom 3: 9 X 15 Level - Upper
Living Room: 15 X 13 Level - Main
Dining Room: 10 X 8 Level - Main
Kitchen: 9 X 8 Level - Main
Additional Room: 15 X 23 Level - Upper
Additional Room 2: 9 X 8 Level - Upper
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504 N 4th Street, Dunlap, IL 61525.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $230,000 | $230,000 | $230,000 |
| Down Payment | $46,000 | $8,050 | $57,500 |
| Monthly Mortgage Amount | $1,088 | $1,318 | $1,398 |
| Taxes | $320 | $320 | $320 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $101 | $0 |
| Monthly Estimated Total | $1,508 | $1,839 | $1,818 |
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