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705 E Chestnut Street, 
Mason City, IL 62664

$150,000


Bed


Bath


3,483

Sq Ft


Multi-Family

Active

Listed by

Seth Goodman

Me Realty

217-735-5424

Last updated:

April 19, 2026, 02:15 PM

MLS#

CA1042522

Source:

IL CAAR

About This Home

705 E Chestnut Street

Situated on a large 125X150 corner lot in the quaint Mason County town of Mason City, this expansive aluminum sided two story four-unit multi-family property has a lot to offer at a practical price! Two main floor units as well as two upper-level units -- all have shared coin operated laundry facilities located on main floor. One main floor unit (1) has two bedrooms -- the other (2) has one bedroom. Both tenants pay for own Ameren (gas/electric) -- sellers cover water, sewer, and garbage. Unit #2 is currently vacant -- unit #1 is currently rented for $725.00/month. One upper-level unit (4) has two bedrooms -- the other (3) has one bedroom. Upper-level tenants rent includes Ameren (gas/electric) -- seller also covers water, sewer, and garbage. Unit #3 is currently rented for $825.00/month -- unit #4 is currently rented for $750.00/month. Main floor units have separate furnaces as well as a central air conditioning units -- upper-level units share a furnace and have window air conditioning (no central air upstairs). Enclosed back porch/laundry area has electric baseboard heat. All range/ovens (4) as well as refrigerators (4) are owned by sellers. Property also features a partial basement, covered front porch, two water heaters, various vinyl replacement windows throughout, and ample rear as well as side off-street parking. Various improvements throughout in recent years make this small-town income producing property all the more desirable! A super solid buy!

Home Facts

Multi-Family

Built in 1899

Price Summary

150,000

$43 per Sq. Ft.

MLS #:

CA1042522

Last Updated:

April 19, 2026, 02:15 PM

Added:

a month ago


Rooms & Interior

Interior

Living Area:

3,483 Sq. Ft.


Structure

Structure

Building Area:

3,483 Sq. Ft.

Year Built:

1899


Finances & Disclosures

Finances

Price:

$150,000

Price per Sq. Ft:

$43 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.