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

Bedrooms6 Baths4.0 Sq 2,700

Monthly Estimate*

^$ 780

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Multi-Family Home for sale in Milledgeville, IL

for $125,000 with 6 bedrooms and 4 full baths. This 2,700 square foot home was built in 1900 on a lot size of 0.24.

Introducing an incredible income-generating opportunity-a 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

Full Bath

Property Type

Multi-Family

Taxes

^$ 2,059

Style

Lot Size

0.24

Year Built

1900

Town/City

Milledgeville

County/Region

Carroll

MLS | Web ID

12283025

Features

General

Sewer Septic Tank

Heating Forced Air

Possession Closing Tenant's Rights

Roof Asphalt

Garage Spaces 2

Construction Materials Other

Year Built 1900

Township Wysox

Tax Year 2023

Ownership Fee Simple

County Carroll

Insurance Expense 1200

New Construction N

Property Type Residential Income Two to Four Units

Total Rooms 12

Status Pending

Directions East on 5th Street in Milledgeville

City Milledgeville

High School District 399

MLS Area Milledgeville

Tax Annual Amount 2059.06

Standard Status Pending

Middle/Junior School District 399

Elementary School District 399

Interior

Basement Unfinished Full

Total Bedrooms 6

Total Baths 4

Bedrooms Possible 6

Full Baths Building 4

Half Baths Building 0

Total Number of Units 2

Exterior

Parking Features On Site Garage Owned Attached Garage

Water Source Well

Total Parking 2

Foundation Details Stone

Lot Dimensions 71X150

Lot Size Acres 0.24

Waterfront Y/N N

* Excluded Features

List By

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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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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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.

1539402 Elementary School

1540099 Middle School

Unknown 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 2,700 sqft and a lot size of 0.24. 221 E 5th Street has 6 bedrooms, 4.0 baths, and was built in 1900. 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.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is 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.

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Data is updated as of 12/6/2025.

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221 E 5th Street

Multi-Family Home for sale in Milledgeville, IL

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