325 West South 3rd Street, Deland, IL

$315,000

Active

About 325 West South 3rd Street

A rare opportunity to own a piece of local history! Why settle for a standard apartment complex when you can own a local landmark? This stunning schoolhouse has been completely reimagined, blending early 20th-century architecture with modern residential comforts. Currently, the building features five units. These aren't your typical rentals; they boast the "cool factor" that modern tenants crave. Massive Windows: Flooding rooms with natural light. Original Details: high ceilings, exposed brick, and wide hallways. These units are ready to lease, but the true upside lies in the unfinished wing. With thousands of square feet of additional raw space, the layout easily accommodates 6 to 8 more units, or even an event space in the old gym. The possibilities are endless! You can nearly double your door count without the cost of a ground-up build, not to mention the property is built to a standard of durability rarely seen today. Opportunities of this scale and character are rare. Whether you are looking to expand your portfolio or create a homestead, this schoolhouse is ready for its next chapter.

Facts & Features

MLS® # 12619780
Price $315,000
Bathrooms 0.00
Acres 0.00
Year Built 1909
Type Commercial
Sub-Type Multi Family 5+
Status Active

Community Information

Address 325 West South 3rd Street
Area De Land
City Deland
County Piatt
State IL
Zip Code 61839

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Heat Pump
Has Basement No
Fireplace No

Additional Information

Days on Market 24
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKELLER WILLIAMS-TREC

Listing Map

Request a Showing

Provide a valid email address.
When would you like to view this property?