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408 N 3rd Street, 
Dunlap, IL 61525

$275,000


4

Beds


3

Baths


1,898

Sq Ft


Single Family

Active

Listed by

Amanda Allsup

Jessica Ball

RE/MAX Traders Unlimited

309-687-5000

Last updated:

March 13, 2026, 02:27 PM

MLS#

PA1264664

Source:

IL CAAR

About This Home

408 N 3rd Street

Discover a rare opportunity designed for flexibility, comfort, and possibility. Fully renovated in 2025, this thoughtfully updated property offers an ideal setup for a mother-in-law suite, multigenerational living, an older child wanting their own space, or an owner-occupied home with rental income potential. The main two-story living space offers comfortable everyday living with three bedrooms, a bright living room, informal dining area, kitchen, and a beautifully updated full bathroom upstairs. The basement adds even more living space with a welcoming family room, additional bathroom, and laundry—perfect for movie nights or hobbies. A separate main-level side unit provides its own sense of independence while remaining connected to the property. This flexible space features a bedroom, living room combo, den or office area, kitchen, bathroom, and its own laundry, making it ideal for extended family, guests, a private mother-in-law suite, or potential rental income. Nearly every major component has been updated in 2025, including new electrical, PEX plumbing, HVAC, shingles and gutters, landscaping, a newly designed front porch area, brand-new interior finishes, and new appliances in both units. Outside, you'll find a backyard shed for extra storage and ample rear parking. Whether you're looking to bring family together while maintaining privacy or take advantage of built-in income potential, this versatile property offers a rare blend of flexible living options!

Home Facts

Single Family

3 Baths

4 Bedrooms

Built in 1941

Price Summary

275,000

$144 per Sq. Ft.

MLS #:

PA1264664

Last Updated:

March 13, 2026, 02:27 PM

Added:

12 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

3

Interior

Living Area:

1,898 Sq. Ft.


Structure

Structure

Building Area:

1,678 Sq. Ft.

Year Built:

1941


Lot

Lot Size (Sq. Ft):

4,356


Finances & Disclosures

Finances

Price:

$275,000

Price per Sq. Ft:

$144 per Sq. Ft.

Source:IL CAAR
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.