401 E Van Buren ST Active Save Request In-Person Tour Request Virtual Tour
Malta,IL 60150
Key Details
Property Type Single Family Home
Sub Type Detached Single
Listing Status Active
Purchase Type For Sale
Square Footage 3,695 sqft
Price per Sqft $107
MLS Listing ID 12255869
Bedrooms 8
Full Baths 4
Annual Tax Amount $5,786
Tax Year 2023
Property Description
IMAGINE OWNING A HOME WHERE YOUR RENTAL INCOME COVERS YOUR MORTGAGE! This unique single family nonconforming home with 2 rental units in the peaceful town of Malta offers a special opportunity to enjoy a spacious primary residence while generating income from two attached apartments. Unit A, the main residence, is a substantial 5-bedroom, 2-bath home with over 2,200 square feet. With spacious bedrooms, a primary suite featuring an ensuite bath, and a bonus room perfect as a nursery, office, or dressing room/extra closet, this home offers flexibility for all your needs. This unit is filled with character and offers incredible potential to make it your own. This main unit is also equipped with a Generac generator (installed in 2014) for reliable power. Unit B is a comfortable 2-bedroom, 1-bath apartment with 837 square feet of living space, featuring generously sized bedrooms and a bright atmosphere. Ideal for tenants seeking a cozy yet spacious home, this unit offers immediate rental potential. Unit C is a 1-bedroom, 1-bath apartment offering 625 square feet of well-designed space, including a functional kitchen, a large family room with room for a full dining area, and a comfortable bedroom. Perfect for tenants who seek a blend of comfort and practicality! This property has been well-maintained with some recent updates: a new roof and vinyl siding were installed around 2014, four new water heaters (2024), and the landscaping has been refreshed this year. This home offers ample opportunity to add your finishing touches and unlock its full potential! Conveniently located, this property is just 10 minutes from Northern Illinois University, Kishwaukee College, and DeKalb, and a 15-minute drive to Rochelle and Sycamore. Whether you're looking for a home with income potential or an investment to add to your portfolio, this property offers a unique blend of living space and rental opportunity-live comfortably while your investment works for you!
Location
State IL
County Dekalb
Area Malta
Interior
Heating Natural Gas
Cooling Central Air
Equipment Water-Softener Owned,Sump Pump,Generator,Multiple Water Heaters
Laundry In Unit
Exterior
Parking Features Attached
Garage Spaces 2.0
Roof Type Asphalt
Building
Lot Description Corner Lot,Fenced Yard
Dwelling Type Detached Single
Sewer Public Sewer
Water Public
New Construction false
Schools
Elementary Schools Malta Elementary School
School District 428 ,428, 428
Others
Special Listing Condition None