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8305 N Solon Road Richmond, IL $ 475,000
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$ 475,000 Get more info
8305 N Solon Road
$ 475,000
Back to search
Share Save

8305 N Solon Road

Richmond, IL, 60071
$ 475,000
Bedrooms4 Baths2.0

Monthly Estimate*

$ 3,318

8305 N Solon Road, Richmond, IL 60071 - Image 1
8305 N Solon Road, Richmond, IL 60071 - Image 2
8305 N Solon Road, Richmond, IL 60071 - Image 3
8305 N Solon Road, Richmond, IL 60071 - Image 4
8305 N Solon Road, Richmond, IL 60071 - Image 5

Multi-Family Home for sale in Richmond, IL

for $475,000 with 4 bedrooms and 2 full baths. This home was built in 1948 on a lot size of 1.

This opportunity presents an excellent chance to generate substantial rental income. The property comprises five rental units spread across two separate houses, as well as a spacious 24 x 40 garage, all situated on a one-acre wooded lot. The first building underwent reconstruction in the early 2000s and now features two units, each boasting two bedrooms and a full bathroom, as well as a full basement. The second building contains three units: the first unit consists of two bedrooms with a full bathroom, the second unit is a studio with a full bathroom, and the third upper unit offers two bedrooms with a full bathroom. Notably, the detached garage also serves as a source of rental income.

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Multi-Family Active

Price

$ 475,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 8,248

Style

Lot Size

1

Year Built

1948

Town/City

Richmond

County/Region

McHenry

MLS | Web ID

11925481
Features
General
Sewer Septic-Private
Heating Natural Gas
Possession Closing
Roof Asphalt
Garage Spaces 2
Year Built 1948
Township Richmond
Tax Year 2022
Percent Ownership Fee Simple
County Mc Henry
New Construction N
Property Type Residential Income Two to Four Units
Other Structures Guest House
Total Rooms 12
Status Active
Directions Rt 12 to N Solon Rd. Head North to property located on the West side of the road.
High School Richmond-Burton Community High S
City Richmond
High School District 157
MLS Area Richmond
Waterfront Y/N N
Street Name Solon
Elementary School Richmond-Burton Community High S
Tax Annual Amount 8248.01
Middle/Junior High School Richmond-Burton Community High S
Days on Market 124
Standard Status Active
Middle/Junior School District 157
Elementary School District 157
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Interior
Basement Full Cellar
Street Suffix Road
Total Bedrooms 4
Total Baths 2
Bedrooms Possible 4
Full Baths Building 2
Half Baths Building 0
Total Number of Units 2
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Exterior
Water Source Private Well
Total Parking 10
Lot Dimensions 165 X 264
Lot Size Acres 1
Garage Onsite Yes
Garage Type Detached
Garage Ownership Owned
Exterior Cedar
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* Excluded Features
List By
Re/Max Plaza

Broker

rhart@remax.net

Email

Affordability Calculator

$4,005
Per Month
83%
17%
0%
Monthly Principal & Interest
$3,318
Monthly Property Taxes
$687
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
567435 Elementary School
567435 Middle School
Richmond-Burton Community High S High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/8/2023$475,000 Listed Price

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8305 N Solon Road, Richmond, IL, 60071 is a Multi-Family Home for sale at $475,000 with a lot size of 1. 8305 N Solon Road has 4 bedrooms, 2.0 baths, and was built in 1948. The property's zip code is 60071 which is in Richmond, IL

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