1422-1426 5th Street Lasalle, IL $ 122,000
1422-1426 5th Street
$ 122,000
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1422-1426 5th Street

Lasalle, IL, 61301
$ 122,000
Bedrooms3 Baths2.0

Monthly Estimate*

$ 843

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Multi-Family Home for sale in Lasalle, IL for $122,000 with 3 bedrooms and 2 full baths. This home was built in 1873 on a lot size of 0.27.

INVESTOR OPPORTUNITY - TWO HOMES, TWO INCOME STREAMS! Why buy one property when you can acquire TWO homes on one parcel with established rental income? Conveniently located on Route 6 with quick access to I-39, this unique investment property offers immediate cash-flow potential and long-term flexibility. The larger home features 3 bedrooms and 1 bathroom and is currently rented for $1,150/month. It received updates in 2026, including new flooring and fresh paint throughout much of the home, providing a move-in-ready rental for the current tenant. The second home offers 1 bedroom and 1 bathroom and is also currently occupied, generating $750/month in rental income. Tenants currently pay their own utilities, helping keep operating expenses lower for the owner. Current combined rental income: $1,900/month, or $22,800 annually. With two separate homes, established tenants, and $1,900/month in current rental income, this is an excellent opportunity for investors looking to add multiple income-producing units to their portfolio in one purchase. Whether you're a seasoned investor or looking for your next cash-flowing property, this setup offers immediate income potential with room for future upside.

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Multi-Family Active

Price

$ 122,000

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 2,534

Style

Lot Size

0.27

Year Built

1873

Town/City

Lasalle

County/Region

LASALLE

MLS | Web ID

12454942

Features
General
Sewer Public Sewer
Heating Natural Gas Forced Air
Possession Closing
Zoning MULTI
Garage Spaces 2
Construction Materials Steel Siding
Year Built 1873
Township LaSalle
Tax Year 2025
Ownership Fee Simple
County LaSalle
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 8
Status Active
Directions From I-80 to IL-351 S. Take to 5th St. Destination will be on the right.
City Lasalle
High School District 120
MLS Area Dimmick / LaSalle
Tax Annual Amount 2534.78
Standard Status Active
Middle/Junior School District 112
Elementary School District 122
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Interior
Basement Unfinished Partial
Total Bedrooms 3
Total Baths 2
Bedrooms Possible 3
Full Baths Building 2
Half Baths Building 0
Total Number of Units 2
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Exterior
Parking Features Yes Detached Garage
Water Source Public
Total Parking 2
Lot Dimensions 73.8 X 161
Lot Size Acres 0.27
Waterfront Y/N N
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* Excluded Features
List By
Landmark Realty Of Illinois Llc

Broker

jalilley24@yahoo.com

Email

Affordability Calculator

$1,054
Per Month
80%
20%
0%
Monthly Principal & Interest
$843
Monthly Property Taxes
$211
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
567360 Elementary School
565877 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/16/2026$122,000 -4.69% Price Down
6/24/2026$128,000 -8.57% Price Down
5/22/2026$140,000 Listed Price

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1422-1426 5th Street, Lasalle, IL, 61301 is a Multi-Family Home for sale at $122,000 with a lot size of 0.27. 1422-1426 5th Street has 3 bedrooms, 2.0 baths, and was built in 1873. The property's zip code is 61301 which is in Lasalle, IL