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    305 Prairie St S Polo, IL 61064

    Pending
    For Sale
    $275,000

    3 - 4 Units - POLO, IL

    Property size:
    1,696 SF
    Days on Market:
    58
    Last Refresh:
    Dec 13 at 10:06 pm

    Property Features for 305 Prairie St S

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    APN
    1416261002
    Parking
    4
    Interior features
    Additional Parking, Laundry In Building
    Appliances
    Cooktop, Refrigerator
    Size
    1,696 SF

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Central Air

    Building Details

    Roof type
    Shingle
    Architectural style
    Other

    REMAX OF ROCK VALLEY (815) 732-9100 [email protected]

    Listing agent Rebecca Hazzard (815) 732-9100 License #471019445

    Listing date Oct 17, 2025

    MLS# 202502703 Listing URL

    Copyright © 2025 Rockford Area MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Polo Investment Property For Sale

    This well-kept four-family building in Polo, Illinois, presents an investment opportunity with a strong rental history and tenant appeal. The property is conveniently located near schools, downtown Polo, and the Polo pool. The building comprises three 2-bedroom units and one 1-bedroom unit. Each unit has private garage space. On-site coin-operated laundry is available for tenant convenience. The property offers stable tenants and consistent income. The property size is 1696 square feet. This property can be purchased individually or bundled with other properties for a discounted portfolio deal.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Polo
    County
    Ogle
    State
    Illinois
    Longitude
    -89.574361
    Latitude
    41.983577

    Nearby Similar for Sale

    • $259,000
      5,400 SF

      Downtown Polo Mixed-Use Investment

      Fully leased mixed-use building with storefronts and renovated apartment.
      107 Franklin St, Polo, IL
      View Details
    • $195,000
      6,500 SF

      Versatile Commercial Building with Apartment

      5,000 sq ft commercial building with updated apartment.
      110 E Dixon St, Polo, IL 61064
      View Details

    FAQs

    What type of property is this?
    Quadplex - Four-unit multifamily property with strong rental history near Polo amenities.
    Where is this quadplex located?
    The property is located at 305 Prairie St S Polo, IL.
    What is the asking price?
    The asking price for this property is $275,000.
    What are key features of this property?
    This property features: - Strong rental history with stable tenants and consistent income.; - Four units: Three 2-bedroom units and One 1-bedroom unit.; - Private garage space for each unit.
    (815) 732-9100
    Request Owner's contact information
    305 Prairie St S Polo, IL 61064
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    305 Prairie St S Polo, IL 61064
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