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101 S Spring Street Franklin Grove, IL $ 170,000
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$ 170,000 Get more info
101 S Spring Street
$ 170,000
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101 S Spring Street

Franklin Grove, IL, 61031
$ 170,000
Bedrooms4 Baths2.0

Monthly Estimate*

$ 1,174

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101 S Spring Street, Franklin Grove, IL 61031 - Image 10
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Multi-Family Home for sale in Franklin Grove, IL

for $170,000 with 4 bedrooms and 2 full baths. This home was built in 1911.

Investors, take a look at this well-maintained and updated duplex located on a corner lot in Franklin Grove! This two-unit property offers great investment potential, it provides an opportunity for immediate rental income while allowing flexibility for the second unit. Both apartments feature 2 bedrooms, 1 bathroom, spacious living rooms, kitchens, and their own laundry facilities. Recent updates include new roof in July 2016, all new plumbing and a remodeled second-floor bathroom in 2017, newer water heaters, a newer boiler, and freshly painted units. Whether you're looking to expand your investment portfolio or get started in rental property ownership, this duplex is worth a look. Call today for more details or to schedule your private showing!

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Multi-Family Active

Price

$ 170,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 2,421

Style

Year Built

1911

Town/City

Franklin Grove

County/Region

Lee

MLS | Web ID

12797863
Features
General
Sewer Public Sewer
Heating Electric
Possession Closing
Garage Spaces 1
Construction Materials Slate
Year Built 1911
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 New
Directions Lincoln Highway to Gap Rd. Franklin Rd/W Lahman St. North on S Spring St to property.
City Franklin Grove
High School District 275
MLS Area Franklin Grove
Tax Annual Amount 2421
Additional Parcels Y/N N
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
Water Source Public
Total Parking 1
Lot Dimensions 156x66
Waterfront Y/N N
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* Excluded Features
List By
28 Real Estate Llc

Broker

chandra@28realestate.co

Email

Affordability Calculator

$1,376
Per Month
85%
15%
0%
Monthly Principal & Interest
$1,174
Monthly Property Taxes
$202
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
567106 Elementary School
564526 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/30/2026$170,000 Listed Price

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101 S Spring Street, Franklin Grove, IL, 61031 is a Multi-Family Home for sale at $170,000. 101 S Spring Street has 4 bedrooms, 2.0 baths, and was built in 1911. The property's zip code is 61031 which is in Franklin Grove, IL

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