IL
Douglas
Villa Grove
61956
501 N Third Street
501 N Third Street, Villa Grove, IL 61956
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Listing Type
Single Family
Listing Status
Active
25
$140,000

Home Details for 501 N Third Street

Price
$140,000
Type
Residential
Bedrooms
3
Bathrooms
1.0
Square feet
1408
Year built
1919
Lot size acres
0.179
County
Douglas
Total rooms
5
Garage
Basement
None
Days on site
0
MLS Listing#
12583733
Property Description

501 N THIRD AND 506 E WILSON Investment Opportunity - Two Homes for One Price! Don't miss this unique opportunity to own two homes for just $140,000! Whether you're looking for an income-producing property or a flexible living arrangement, this property offers incredible potential. The front house features 3 bedrooms and 1 full bathroom, providing comfortable living space with plenty of room. The back house includes 2 bedrooms and 1 bathroom, perfect for extended family, guests, or rental income. Both homes are in very nice condition, making this a move-in ready investment with multiple possibilities: Live in one home and rent the other for extra income Create a mother-in-law or guest quarters Use as a dual rental property for strong investment potential Ideal for multi-generational living Properties with this kind of flexibility are rare. With two homes on one property, the options are endless! Schedule a showing today and explore the possibilities!

Property Features
  • Cooling Information
    • Central Air
  • Heating Information
    • Natural Gas
  • Water Features
    • Public
  • Basement
    • None
School Information
School Information for 501 N Third Street, Villa Grove, IL 61956
Elementary School
Villa Grove Elementary School
Middle School
Villa Grove Junior High School
High School
Villa Grove High School
Listing Courtesy: Heartland Real Estate of Central Illinois, Inc - 217-352-4288
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2026-03-06 03:50:26. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2026-03-06 03:50:26
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