Contact us: 563.441.1776
Description
Solid up/down 2-unit income property located in a quiet rural community, offering a straightforward layout & dependable rental potential. The property features separate upper & lower units with strong rental history, currently bringing in $1,250/month combined. The upstairs unit was fully remodeled in 2025 with new cabinetry, flooring, paint & updated bath fixtures, while the lower unit offers a functional 2 bed, 1 bath layout. An unfinished basement provides additional storage space for tenants. With consistent income, recent updates & a simple setup, this is a practical addition to any portfolio or a great option for owner-occupant investors.
Property Highlights
Property Type: Multi Unit - Multiple
General Information
County: Sangamon
High School: Auburn District #10
Subdivision: None
Listed By:
The Real Estate Group, Inc.
Mobl: 217-741-4040
RMLSA
MLS ID: CA1042619
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511 W Madison Street, Auburn, IL 62615.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $49,900 | $49,900 | $49,900 |
| Down Payment | $9,980 | $1,747 | $12,475 |
| Monthly Mortgage Amount | $233 | $294 | $303 |
| Taxes | $69 | $69 | $69 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $22 | $0 |
| Monthly Estimated Total | $402 | $485 | $472 |
Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/17/2026. The listing information on this page last changed on 04/17/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 04/17/2026 12:02:09 AM EST) or MRED MLS (last updated Thu 04/16/2026 11:57:57 PM EST) or SCWMLS (last updated Thu 04/16/2026 11:54:38 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Thu 04/16/2026 10:16:31 PM EST) or Cedar Rapids MLS (last updated Thu 04/16/2026 10:44:14 PM EST) or NEIRBR MLS (last updated Thu 04/16/2026 11:58:42 PM EST) or ICAAR MLS (last updated Thu 04/16/2026 11:37:29 PM EST) or ECIMLS (last updated Thu 04/16/2026 11:44:15 PM EST) or RMLSA (last updated Fri 04/17/2026 12:00:58 AM EST) or Muscatine MLS (last updated Fri 04/17/2026 12:00:24 AM EST) or No Coast MLS (last updated Thu 04/16/2026 11:54:22 PM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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