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227 W Pine Street, 
Canton, IL 61520

$115,000


Bed


Bath


2,624

Sq Ft


Multi-Family

Pending

Listed by

Jed Rhoades

Rhoades Real Estate & Land Auc

309-647-8811

Last updated:

November 7, 2025, 08:19 AM

MLS#

PA1261622

Source:

IL CAAR

About This Home

227 W Pine Street

Excellent opportunity to own a solid brick multi-unit building conveniently located in the heart of Canton. This well-maintained property features four spacious apartments — two on the main floor and two upstairs — plus a shared basement area with laundry and storage for tenants. Recent updates include a new EPDM rubber roof with fiber board base, extended to cover the roof edges, plus tuckpointing and new front porch steps, decking, and roof — all helping to reduce long-term maintenance costs. The building offers three 1-bedroom/1-bath units and one 1-bedroom (possible 2 bedroom)/1.5-bath unit, each with eat-in kitchens, full-size gas stoves and refrigerators, large living rooms, front and rear entrances, and off-street parking. One main-floor unit includes a handicap ramp for accessibility. All units are served by forced-air gas heat and central air conditioning. Rents currently include gas, electric, water, and trash, with below-market rental rates providing room for upside. This property is a turnkey income producer with strong cash flow and additional value potential through rent increases. Ideal for an investor seeking dependable returns in a stable Central Illinois market.

Home Facts

Multi-Family

Built in 1906

Price Summary

115,000

$43 per Sq. Ft.

MLS #:

PA1261622

Last Updated:

November 7, 2025, 08:19 AM

Added:

a month ago


Rooms & Interior

Interior

Living Area:

2,624 Sq. Ft.


Structure

Structure

Building Area:

2,624 Sq. Ft.

Year Built:

1906


Finances & Disclosures

Finances

Price:

$115,000

Price per Sq. Ft:

$43 per Sq. Ft.

Source:IL CAAR
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