Main Photo

117 Total Photos [Click to View All]

Main Photo
Main Photo

325 W South 3rd Street Deland, IL 61839

$315,000
Active / MLS# 12619780 / Multi Unit - Multiple / Deland
0 Beds

A rare opportunity to own a piece of local history! Why settle for a standard apartment complex when you can own a local landmark? This stunning schoolhouse has been completely reimagined, blending early 20th-century architecture with modern residential comforts. Currently, the building features five units. These aren't your typical rentals; they boast the cool factor that modern tenants crave. Massive Windows: Flooding rooms with natural light. Original Details: high ceilings, exposed brick, and wide hallways. These units are ready to lease, but the true upside lies in the unfinished wing. With thousands of square feet of additional raw space, the layout easily accommodates 6 to 8 more units, or even an event space in the old gym. The possibilities are endless! You can nearly double your door count without the cost of a ground-up build, not to mention the property is built to a standard of durability rarely seen today. Opportunities of this scale and character are rare. Whether you are looking to expand your portfolio or create a homestead, this schoolhouse is ready for its next chapter.

Read More » Read Less »

Baird & Warner New Client Care Team Agent Cell: 312.847.5702 Email

Request Tour

Mortgage Calculator

%
years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Estimated Payment

$ 854.46 per month $700.00 Principal & Interest $62.58 Property Tax $91.88 Homeowner's Insurance
Get your competitive financing options.

Property Details

Property Type: Multi Unit - Multiple
Cooling: Heat Pump
Lot Size: 331 x 325
Stories: 2.0
Taxes: $751
Year Built: 1909

Feature Descriptions

Current Use: Multi-Family
Exterior: Brick
HVAC: Heat Pump
Lot Dimensions: 331 x 325
Parcel#: 04002200000501
Tenant Pays: Electricity
Units: 5

Location

See details and scored characteristics about this location.

Listing Office: KELLER WILLIAMS-TREC

Listing Office Phone: 217-356-6100



Listing data and photos distributed by MLSGRID
Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. 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.


Login to my Baird & Warner account

Pixel