101 S Spring Street Franklin Grove, IL $ 175,000
101 S Spring Street
$ 175,000
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101 S Spring Street

Franklin Grove, IL, 61031
$ 175,000
Bedrooms4 Baths2.0

Monthly Estimate*

$ 1,105

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Multi-Family Home for sale in Franklin Grove, IL

for $175,000 with 4 bedrooms and 2 full baths.

This well maintained duplex in Franklin Grove features many updates including new shingles in 2016, all new plumbing and a remodeled bath on the second floor in 2017, as well as one newer water heater and a newer boiler. Both apartments offer 2 bedrooms, living rooms, spacious kitchens and laundry facilities in each unit. The building is located on a corner lot. This fully rented duplex is a money maker from day one! Call for more details or to schedule a private showing.

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Multi-Family Active

Price

$ 175,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 2,421

Style

Town/City

Franklin Grove

County/Region

Lee

MLS | Web ID

12686520

Features
General
Sewer Public Sewer
Heating Electric
Possession Closing Tenant's Rights
Roof Asphalt
Garage Spaces 1
Construction Materials Slate
Township Franklin Grove
Tax Year 2025
Ownership Fee Simple
County Lee
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 8
Status Active
Directions Rt. 38 to Elm St. then south to W. South St. The property is on the corner of W. South St. and S. Spring St.
City Franklin Grove
High School District 275
MLS Area Franklin Grove
Tax Annual Amount 2421.48
Standard Status Active
Middle/Junior School District 275
Elementary School District 275
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Interior
Basement Unfinished Full
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
Parking Features Yes Detached Garage
Lot Features Corner Lot
Water Source Public
Total Parking 5
Lot Dimensions 66x156x66x156
Waterfront Y/N N
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* Excluded Features
List By
Bird Realty

Broker

ericbird2004@yahoo.com

Email

Affordability Calculator

$1,307
Per Month
85%
15%
0%
Monthly Principal & Interest
$1,105
Monthly Property Taxes
$202
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
567106 Elementary School
564526 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/24/2026$175,000 Listed Price

Map


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101 S Spring Street, Franklin Grove, IL, 61031 is a Multi-Family Home for sale at $175,000. 101 S Spring Street has 4 bedrooms and 2.0 baths. The property's zip code is 61031 which is in Franklin Grove, IL