221 E 5th Street Milledgeville, IL ^$ 125,000

221 E 5th Street

^$ 125,000

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221 E 5th Street

Milledgeville, IL, 61051

^$ 125,000

Studio Baths0.0 Sq 2,720

Monthly Estimate*

^$ 780

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Studio

Multi-Family Home for sale in Milledgeville, IL

for $125,000. This home is 2,720 square feet.

Introducing an incredible income-generating opportunityâa side-by-side, two-story duplex featuring dual 3-bedroom, 2-bath units. One unit is fully remodeled and ready for occupancy, while the opposite unit is currently leased to a long-term tenant . Tenants pay all utilities, providing stable passive income. Additional highlights include a full basement for extra storage and a two-car detached garage that is also rented to a tenant. Whether you choose to occupy one unit and earn income from the other or maintain both as an investment property, this duplex offers exceptional potential. Don't miss this turnkey opportunity to secure a valuable asset in a thriving market!

Multi-Family Pending

Price

^$ 125,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 2,059

Style

2 Story

Town/City

Milledgeville

County/Region

Carroll

MLS | Web ID

202500513

Features

General

Sewer City

Heating Forced Air

Cooling None

Utilities 0

Possession Closing

Roof Shingle

Water City

Water Heater Gas

Electric Circuit Breaker

Style 2 Story

Class MULTIFAMILY

Type 2 Units

Parcel Number 111523404029

HUD No

Tax Year 2023

Basement Type Full

Status PENDING

Subdivision IL

Sale/Rent For Sale

Status Detail 0

Short Sale No

Primary City Milledgeville

Year Built 1900

High School Other/Outside Area

City MILLEDGEVILLE

Taxes 2059

School District Other/Outside Area

Elementary School Other/Outside Area

Middle School Other/Outside Area

Legal Description Per Title

DOM 231

Postal Code 61051

Price Per Sq Ft Total AG 45.96

Exterior

Exterior Other

Parking Spaces 4

Interior

# of Units 2

* Excluded Features

List By

Jd Gieson

Listing Agent

Re/Max Of Rock Valley

Broker

jdgieson15@gmail.com

Affordability Calculator

$951

Per Month

Monthly Principal & Interest: $780
Monthly Property Taxes: $172
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% 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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THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Multi-family listings in Milledgeville, IL

Average List Price ^$125,000

Percent of Sale Price 0%

About Milledgeville, IL

917 Population

-11% Since 2002

^$46,658 Median Income

43.72 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2138257 Elementary School

2138241 Middle School

Other/Outside Area High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/21/2025	$125,000	-1.57%	Price Down
7/2/2025	$127,000	-2.23%	Price Down
5/13/2025	$129,900	-3.71%	Price Down
3/13/2025	$134,900	-3.57%	Price Down
2/4/2025	$139,900		Listed Price

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221 E 5th Street, Milledgeville, IL, 61051 is a Multi-Family Home for sale at $125,000 with 2,720 sqft. 221 E 5th Street is a studio with 0.0 baths. The property's zip code is 61051 which is in Milledgeville, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% 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.

Listing data provided courtesy of the Internet Data Exchange Program of the NorthWest Illinois Alliance of REALTORS®.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NorthWest Illinois Alliance of REALTORS®. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/7/2025.

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221 E 5th Street

Multi-Family Home for sale in Milledgeville, IL

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