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401 E Van Buren Street, 
Malta, IL 60150

$359,000


8

Beds


4

Baths


3,695

Sq Ft


Single Family


Virtual Tour

Active

Listed by

Elizabeth Metcalf

Willow Real Estate, Inc

Last updated:

April 17, 2025, 10:52 AM

MLS#

12255869

Source:

MLSNI

About This Home

401 E Van Buren Street

IMAGINE OWNING A HOME WHERE YOUR RENTAL INCOME COVERS YOUR MORTGAGE! This unique single family nonconforming home with 2 rental units in the peaceful town of Malta offers a special opportunity to enjoy a spacious primary residence while generating income from two attached apartments. Unit A, the main residence, is a substantial 5-bedroom, 2-bath home with over 2,200 square feet. With spacious bedrooms, a primary suite featuring an ensuite bath, and a bonus room perfect as a nursery, office, or dressing room/extra closet, this home offers flexibility for all your needs. This unit is filled with character and offers incredible potential to make it your own. This main unit is also equipped with a Generac generator (installed in 2014) for reliable power. Unit B is a comfortable 2-bedroom, 1-bath apartment with 837 square feet of living space, featuring generously sized bedrooms and a bright atmosphere. Ideal for tenants seeking a cozy yet spacious home, this unit offers immediate rental potential. Unit C is a 1-bedroom, 1-bath apartment offering 625 square feet of well-designed space, including a functional kitchen, a large family room with room for a full dining area, and a comfortable bedroom. Perfect for tenants who seek a blend of comfort and practicality! This property has been well-maintained with some recent updates: a new roof and vinyl siding were installed around 2014, four new water heaters (2024), and the landscaping has been refreshed this year. This home offers ample opportunity to add your finishing touches and unlock its full potential! Conveniently located, this property is just 10 minutes from Northern Illinois University, Kishwaukee College, and DeKalb, and a 15-minute drive to Rochelle and Sycamore. Whether you're looking for a home with income potential or an investment to add to your portfolio, this property offers a unique blend of living space and rental opportunity-live comfortably while your investment works for you!

Home Facts

Single Family

4 Baths

8 Bedrooms

Price Summary

359,000

$97 per Sq. Ft.

MLS #:

12255869

Last Updated:

April 17, 2025, 10:52 AM

Added:

4 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

8

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

4

Interior

Living Area:

3,695 Sq. Ft.


Structure

Structure

Building Area:

3,695 Sq. Ft.


Finances & Disclosures

Finances

Price:

$359,000

Price per Sq. Ft:

$97 per Sq. Ft.

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