503 W MAIN ST, Elmwood, IL 61529
503 W MAIN ST, Elmwood, IL 61529
503 W MAIN ST, Elmwood, IL 61529
503 W MAIN ST, Elmwood, IL 61529
503 W MAIN ST, Elmwood, IL 61529
See all 5 photos
Listed by Lisa Inman • Move Smart Realty

$135,000

$148,000

8.8%
Est.Price: ?

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Est. payment /mo

2,764 SqFt


SOLD DATE : 05/01/2026

Key Details

Sold Price $135,000

Property Type Single Family Home

Sub Type Residential Income

Listing Status Sold

Purchase Type For Sale

Square Footage 2,764 sqft

Price per Sqft $48

MLS Listing ID PA1265170

Sold Date 05/01/26

Annual Tax Amount $4,391

Tax Year 2024

Lot Dimensions 66x157

Property Sub-Type Residential Income

Source rmlsa

Property Description

4-unit, 2-story apartment building located in the heart of Elmwood just one block off the square, offering a prime location with strong rental appeal. This fully occupied property provides immediate income and features a solid layout with all units currently leased. Recent updates include a newer furnace and two water heaters, helping reduce future capital expenses. Situated in a convenient, walkable area close to local shops, dining, and amenities, this property presents a great opportunity for investors looking to add to their portfolio or for those seeking a value-add property with upside potential.

Location

State IL

County Peoria

Area Paar Area

Direction Directly on Main St in the middle of town

Rooms

Basement Full, Sump Hole

Interior

Heating Hot Water, Gas Water Heater, Window Unit(s)

Fireplace N

Laundry None

Exterior

View true

Roof Type Shingle

Total Parking Spaces 6

Garage 1

Building

Lot Description Level

Faces Directly on Main St in the middle of town

Unit Features [{\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"Unit 1\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":400,\"RMA_NumberParking\":\"2\",\"RMA_NumberUncovered\":\"2\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1411617Group_1\"},{\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"Unit 2\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":700,\"RMA_NumberParking\":\"2\",\"RMA_NumberUncovered\":\"2\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1411617Group_2\"},{\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"Unit 3\",\"RMA_FullBaths\":\"0\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":700,\"RMA_NumberParking\":\"2\",\"RMA_NumberUncovered\":\"2\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1411617Group_3\"},{\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"Unit 4\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":700,\"RMA_NumberParking\":\"2\",\"RMA_NumberUncovered\":\"2\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1411617Group_4\"}]

Water Public Sewer, Public

Structure Type Aluminum Siding

New Construction false

Schools

High Schools Elmwood

Others

Tax ID 11-07-263-007

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Nearby Locations

GET MORE INFORMATION

Name

Name

Phone*

Phone

Message

Message
Candace Martin

+1(309) 258-7527

candace.martin@exprealty.com