325 W South 3rd Street,Deland, IL 61839
Deland, IL 61839
Description
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.
Details
| MLS # | 12619780 |
|---|---|
| Listing Type | For Sale |
| Style | Multi Family 5+ |
| Sub-Type | Resale |
| Status | Active |
| Year | 1909 |
| Days On Site | 147 |
| Listing Provided By | KELLER WILLIAMS-TREC | Mark Waldhoff |
Features
| Story(s) | 2 |
|---|---|
| Units | 5 |
Interior
| Cooling | Heat Pump |
|---|
Exterior
| Construction Materials | Brick |
|---|
Utilities
| Sewer | Septic Tank |
|---|
Taxes
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 751 |
Area Information
| State | IL |
|---|---|
| County | Piatt |
| City | Deland |
| Zip Code | 61839 |
| Area | De Land |
| Listing VS Median (in 61839) | |
Price: $315,000 low | high Med: $0 On site: 147 low | high Med: | |
Market Activity 61839
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Learn More About This Property
| State | IL |
|---|---|
| County | Piatt |
| City | Deland |
| Zip Code | 61839 |
| Area | De Land |
| Listing VS Median (in 61839) | |
Price: $315,000 low | high Med: $0 On site: 147 low | high Med: | |