Date
Details
Price
Change
Source
1/16/2025
Listed
$615,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property Description
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.
Full Property Details
Full Property Details for 313 N Main St
General
- Price: $615,000
- Taxes: $9,179 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12270224
- Updated: 1/16/2025
- Added to Site: 2 day(s) ago
Additional Information
- Security/Safety: Smoke or Fire Protectors
Parking
- Parking Features: 6 to 12 Spaces
Location
- Area: Montgomery
- County: Kane
- Township: Aurora
- Driving Directions: Webster Street to north on N.Main Street. This offer consists of 313 & 315 N. Main Street.
- Location Details: Public Transport Avail, In City Limits
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
Utilities
- Onsite: Sanitary Sewer, Water to Site
Structural Information
- Construction: Wood Frame
- Exterior Const.: Vinyl Siding
- Foundation: Block
- Roof: Composition
- Stories/Levels: 2
- Square Feet: 3,064
- Current Bldg. Use: Multi-Family
- Year Built: 1910
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 5
- Units w/Range/Oven: 5
Lot Features
- Lot Size (Acres): 0.19
- Lot Size (Sq. Ft.): 8,184
- Lot Dimensions: 66 x 124
- Frontage: City Street
- Potential Use: Multi-Family
- Zoning: MULTI
Financial Considerations
- Insurance Fee: $1,600
- Security Deposit: Smoke or Fire Protectors
- Assessment Year: 1910
- Tax Amount: $9,179.9
- Tax Year: 2023
- Tenant Pays: Electricity, Heat
Disclosures and Reports
- Documents Avail.: Tax Bill
- Property ID: 1532280002
Listed by Compass
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NMLS#: 1598647
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Schools
Schools serving 313 N Main St
School District:Aurora West Unit School District 129
| Rating | Name | Grades | Distance |
|---|---|---|---|
|
649 N Main St, Montgomery, IL 60538 | K-5 | 0.2 mi | |
|
231 S Constitution Dr, Aurora, IL 60506 | 6-8 | 2.4 mi | |
|
1201 W New York St, Aurora, IL 60506 | 9-12 | 2.3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 313 N Main St
Estimate the Cost
Estimate the Cost for 313 N Main St
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- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 3Total Baths
- 1,924Sq. Ft.
- Single Family
- Active
- Updated 2 days ago
- 2Beds
- 2Total Baths
- 1,214Sq. Ft.
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- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 2Total Baths
- 1,646Sq. Ft.
- Condo
- Active
- Updated 8 hours ago
- 2Beds
- 2Total Baths
- 2,042Sq. Ft.
- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 2Total Baths
- 1,160Sq. Ft.
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313 N Main Street, Montgomery, IL 60538 (MLS# 12270224) is a Commercial property. 313 N Main Street is currently listed for $615,000 and was received on January 16, 2025. Want to learn more about 313 N Main Street? Do you have questions about finding other Commercial real estate for sale in Montgomery? You can browse all Montgomery real estate or contact a Coldwell Banker agent to request more information.