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Garden Prairie, IL, 61038 • 61038 • Boone County
Down payment assistance available
4Beds
2Baths
0.29 acLot
1915Built
Character Home
Built 1915 · 111 years of history
Outdoor Living
Patio
1d on Market
Listed Apr 8, 2026
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1 day on market
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Multi Family · Built 1915 · Historic
Attention investors: This 2-flat property is a textbook fixer-upper being sold strictly AS-IS and needs a significant amount of work. Bring your tools, budget, and construction crew to unlock the full potential of this 1,952 sq. ft. asset. The major draw is the immediate ROI - Monthly Income: $1,425. Currently occupied by long-term mo-to-mo tenants who may be willing to stay. Each unit is 2 BR/1 BA and is highly desirable due to the inclusion of a full appliance package, including an in-unit washer and dryer. 1st Floor ($725/mo): Provides current stability with a newer furnace, new appliances, new water heater, and updated flooring. 2nd Floor ($700/mo): Needs considerable attention and features electric heat. The exterior includes vinyl siding and a large shared backyard. Also incls 976 sq. ft. unfinished basement Tenants are responsible for all utilities except garbage. This is a solid path to substantial equity for the motivated investor prepared for a full-scale renovation.
Standout features identified
Our analysis highlights newer furnace, in-unit washer and dryer, and large shared backyard as key attractions of this home.
Based on current rates
Est. 6.88% rate · 30yr fixed · $151,920 loan
Full calculator →Key facts and listing details
11 categories of property features
Market data and value estimates
3 schools rated nearby
Garden Prairie, IL, 61038
1 event
14 years of records
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Garden Prairie, IL • Boone County
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Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#17)
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