Seller represented by:
Seth A Goodman with ME Realty

705 E CHESTNUT Street
  • New
  • Quadruplex

705 E CHESTNUT Street, Mason City, IL 62664 705 E CHESTNUT Street Get directions

$150,000
  • Age 127 Years
  • Area None
  • MLS# CA1042522
  • Listed March 23, 2026

Overview

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!

Features

Basement

  • Crawl Space
  • Partial
  • Unfinished

Appliances

  • Refrigerator
  • Water Heater
  • Range
  • Dryer

Laundry Features

  • Common Area

Cooling

  • Window Unit(s)
  • Zoned
  • Central Air

Heating

  • Baseboard
  • Electric
  • Forced Air
  • Natural Gas

Lot

  • Corner Lot
  • Level
  • Lot Size Dimensions: 125X150

Garage and Parking

  • On Street
  • Parking Pad
  • Alley Access
  • Parking Total: 8

Construction Details

  • Metal
  • Shingle
  • Block
  • Concrete Perimeter

Sewer

  • Public Sewer

Water Source

  • Public

Nearby Schools

School Type School
High School Illini Central
  • 705 CHESTNUT, Mason City, IL 62664 $150,000

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