Chicagoland Homes
  • Buy
  • Rent
  • Commercial
  • Find a REALTOR®
    Price range
    $
    $
    Bedrooms
    Bathrooms
    Property type
    Square feet
    Lot size
    Heating
    Cooling
    Parking spots
    Garage
    Basement
    Year built
    Max HOA
    Tours
    More amenities
    1 home
      1 result available
      313 N Main Street, Montgomery, IL 60538
      Closed Mar 28, 2025
      313 N Main Street, Montgomery, IL 60538
      $550,000
      8,184sqft
      0.19acres
      Commercial Multi-housing for Sale

      313 N Main Street, Montgomery, IL 60538

      Listing by: Compass
      1 - 1 of 1 results
      © 2025 Mainstreet REALTORS® All Rights Reserved.
      Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
      Equal opportunity
      Membio
      Chicagoland Homes
      313 N Main Street, Montgomery, IL 60538
      Closed Mar 28, 2025
      $550,000
      8,184sqft
      0.19acres

      313 N Main Street, Montgomery, IL 60538

      Commercial Multi-housing for Sale by Keith McMahonCompass.

      Data checked -. Listing last updated 39 days ago.
      1. Overview
      2. Details
      3. More 

      What a find! This property consists of two separate buildings under one PIN number! 313 N Main is a 2 bed 1 bath single family home with a full basement & 315 N Main is a 4 unit building. All 5 units are currently leased, and there is a massive value add opportunity as several rents are below market. 313 N Main roof, furnace & water heater are less than 5 years old. 315 N Main roof & furnaces are approximately 5 years old. Each unit in 315 building has its own furnace. 315 N Main consists of a 1 bed 1 bath, (2) 2 beds 1 bath, and a 2 bed 2 bath unit that also leases the basement. Property is located in Downtown Montgomery - your tenants will enjoy walking to restaurants, riverfront & more. Low overhead property! 313 N Main pays all of their own utilities and also takes care of lawn mowing for both buildings. Tenants take care of their own snow removal - not an owner expense! At 315 N Main owner is responsible for water, sewer & garbage. Tenants are responsible for gas & electric.

      Internet Serviceability
      Details
        Property type
      Commercial Sale
        Year built
      1910
        Heating
      -
        Cooling
      Central Air
        Garage
      No
        Parking spots
      -
      MRD12270224
      MLS ID
      Closed
      Status
      Mar 28, 2025
      Closed
        Pets allowed
      Lot features
      Monthly taxes
      $765
      Yearly taxes
      $9,179.9
      Schools
      -
      Maintenance
      -
      Additional Fees
      -
      Fees Include
      None
      Open Houses
      In-Person
      No upcoming in-person open houses
      Virtual
      No upcoming virtual open houses
      Contact Agent
      Keith McMahon
      Keith McMahon
      REALTOR®, Compass
      Direct 
       
      Location
      Webster Street to north on N.Main Street. This offer consists of 313 & 315 N. Main Street.
      For Sale Nearby
      No nearby homes are For Sale Nearby.
      Recently Sold
      No nearby homes have been Recently Sold.
      313 N Main Street, Montgomery, IL 60538, is a 0.19 acres, 8184 sqft. Multi Family built in 1910. This property is currently available for sale and was listed on Mainstreet REALTORS® on 1-16-2025. The MLS# for this Multi Family is MLS# MRD12270224.
      Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
      Copyright ©2025 Mainstreet REALTORS®