724 S Main Street Kewanee, IL $ 87,500
724 S Main Street
$ 87,500
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724 S Main Street

Kewanee, IL, 61443
$ 87,500
Bedrooms4 Baths0.0 Sq 1,918

Monthly Estimate*

$ 552

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Multi-Family Home for sale in Kewanee, IL

for $87,500 with 4 bedrooms. This 1,918 square foot home was built in 1907 on a lot size of 0.16.

Excellent income-producing investment opportunity! This well-maintained, move-in ready two-story duplex offers outstanding potential for investors or owner to live in one unit and have second unit as rental income. The main-level unit features an inviting eat-in kitchen, two bedrooms, living room, bonus room, and a full bath. New furnace installed December 2018. The spacious upper-level unit offers two bedrooms, an eat-in kitchen, living room, and a full bath, providing desirable living space for tenants. New furnace October 2025 and water heater May 2026. Additional amenities include a detached one-car garage and a convenient location close to downtown shopping, restaurants, schools, and other local amenities, making this property attractive to renters. For added peace of mind, the lead water service line was replaced approximately eight years ago, with a new plastic line installed from the curb box to the water meter. Each unit has its own electrical service, water heater, and furnace. Exterior and interior entrance to basement is only accessible to landlord. Many vinyl replacements windows have been installed. Ample street parking accessible from a concrete back alley. Whether you're expanding your investment portfolio or searching for a property with excellent income potential, this duplex is a smart opportunity with lasting value. Don't miss your chance to own this versatile, income-producing property!

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Multi-Family Active

Price

$ 87,500

Bedrooms

4

Property Type

Multi-Family

Taxes

$ 2,643

Style

Lot Size

0.16

Year Built

1907

Town/City

Kewanee

County/Region

Henry

MLS | Web ID

12693676

Features
General
Sewer Public Sewer
Heating Natural Gas
Roof Asphalt
Garage Spaces 1
Construction Materials Vinyl Siding
Year Built 1907
Township Kewanee
Tax Year 2025
County Henry
New Construction N
Property Type Residential Income Two to Four Units
Status New
Directions Located on S Main St Kewanee
City Kewanee
High School District 229
MLS Area Kewanee
Tax Annual Amount 2643
Standard Status Active
Middle/Junior School District 229
Elementary School District 229
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Interior
Basement Unfinished Full
Total Baths 0
Total Number of Units 2
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Exterior
Parking Features Detached Garage
Lot Features Level
Water Source Public
Total Parking 6
Foundation Details Brick/Mortar
Lot Dimensions 52x130
Lot Size Acres 0.16
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* Excluded Features
List By
Mel Foster Co. Kewanee

Broker

ddedecker@melfosterco.com

Email

Affordability Calculator

$773
Per Month
71%
29%
0%
Monthly Principal & Interest
$552
Monthly Property Taxes
$220
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
565363 Elementary School
565252 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/3/2026$87,500 Listed Price

Map


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724 S Main Street, Kewanee, IL, 61443 is a Multi-Family Home for sale at $87,500 with 1,918 sqft and a lot size of 0.16. 724 S Main Street has 4 bedrooms, 0.0 baths, and was built in 1907. The property's zip code is 61443 which is in Kewanee, IL