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7518 N 2nd Street Machesney Park, IL $ 240,000
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$ 240,000 Get more info
7518 N 2nd Street
$ 240,000
Back to search
Share Save

7518 N 2nd Street

Machesney Park, IL, 61115
$ 240,000
Bedrooms4 Baths1.2 Sq 3,354

Monthly Estimate*

$ 1,478

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Single Family Home for sale in Machesney Park, IL

for $240,000 with 4 bedrooms and 1 full bath, 2 half baths. This 3,354 square foot home was built on a lot size of 0.63.

Discover an incredible opportunity at 7518 N 2nd St, Machesney Park, IL! This spacious two-story, 4-bedroom home offers a fantastic blend of proven income potential and comfortable family living in a sought-after location. For the past three years, this property has been a highly successful Airbnb, demonstrating a strong track record as a short-term rental investment. The generous size and desirable location—close to shopping, schools, and major highways—make it an easy choice for travelers, ensuring a ready-made income stream for the savvy investor. Zoned Multi-Family on over half an acre of land! Whether you're looking for a turnkey investment to add to your portfolio or a generously sized, well-located residence to call your own, 7518 N 2nd St delivers. Furniture remaining inside the home is negotiable. Don't miss out on this unique chance to own a versatile property in the thriving Machesney Park community!

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Single Family Active

Price

$ 240,000

Bedrooms

4

Full Bath

1

Half Bath

2

Property Type

Single Family

Taxes

$ 5,628

Style

2 Story

Lot Size

0.63

Town/City

Machesney Park

County/Region

Winnebago

MLS | Web ID

202506925
Features
Interior
Interior Features Ceiling Fan(s) Window Treatments
Fireplace Type Wood
Basement Yes
Bedroom 3 Level Upper
Bedroom 2 Level Upper
Fireplace Yes
Living Room Yes
Beds 4
Total Baths 1.5
Dining Room Yes
Dining Room Length 14
Dining Room Width 14
Family Room Width 11
Living Room Width 11
Recreation Room Level Lower
Family Room Length 15
Living Room Length 19
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General
Road Frontage City/Town
Sewer City/Community
Heating Hot Water/Steam Radiant
Kitchen Level Main
Cooling None
Ownership Type Fee Simple
Possession Closing
Roof Shingle
Water City/Community
Water Heater Electric
Garage 2
HOA Fee 0
Full Baths 1
Half Baths 2
Electric Circuit Breaker
Style 2 Story
Topography City/Town
Class HOUSE
Type House
Parcel Number 0831153008
HUD No
Tax Year 2024
Basement Type Full
Status ACTIVE and AVAILABLE
Subdivision IL
Sale/Rent For Sale
Status Detail 0
Short Sale No
Primary City Machesney Park
Year Built 1926
High School Harlem High School
City MACHESNEY PARK
Taxes 5628
School District Harlem 122
Elementary School Machesney Elementary
Middle School Harlem Jr
Legal Description RIVER VIEW SUB IN SEC 36-45-1 & 31-45-2 THAT PT LOT 7 LYG E OF E LN MAYNARD TR BY 814-382 EXC W 100 FT THEREOF PT LOT 007
DOM 85
Postal Code 61115
Price Per Sq Ft Total AG 71.56
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Exterior
Exterior Siding
Lot Size Area 0.63
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* Excluded Features
List By
Gregory Saunders

Listing Agent

Keller Williams Realty Signature

Broker

gregsaunders@kw.com

Email

Affordability Calculator

$1,947
Per Month
76%
24%
0%
Monthly Principal & Interest
$1,478
Monthly Property Taxes
$469
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
2632551 Elementary School
2138109 Middle School
Harlem High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/6/2026$240,000 -2.44% Price Down
11/21/2025$246,000 -2.38% Price Down
11/6/2025$252,000 Listed Price

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7518 N 2nd Street, Machesney Park, IL, 61115 is a Single Family Home for sale at $240,000 with 3,354 sqft and a lot size of 0.63. 7518 N 2nd Street has 4 bedrooms and 1.2 baths. The property's zip code is 61115 which is in Machesney Park, IL

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