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Duplex with Remodeled Front Unit
New
For Sale
$229,900

308 ILLINOIS ST W, Eagle River, WI 54521

Residential, Eagle River, WI

Property SizeContact for details
Lot Size0.33 Acres
Days on Market2

Property Features for 308 ILLINOIS ST W

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Laundry Room, Bedroom 2, Bathroom 1, Living Room, Bedroom 1, Bathroom 2
Parking features Garage
Exterior features Garden
Appliances GasWaterHeater
Lot features Level
Elementary school VI Northland Pines-ER
Middle school VI Northland Pines
High school VI Northland Pines
Directions From town, North on HWY 45 to left onto Illinois Street #308 on left.
Standard status Active
APN 221-104-11
Lot size 0.33 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 1 ILLINOIS ST ASSESSORS PLAT
Tax Annual Amount 1432
Legal Description LOT 1 ILLINOIS ST ASSESSORS PLAT

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Natural Gas, Forced Air
Water source Public

Building Details

Floors in Building 1
Flooring type Laminate
Building materials Frame, VinylSiding
Roof type Shingle, Composition
Architectural style Other
Listing Agency: CENTURY 21 BURKETT & ASSOC. · Century 21 Real Estate
Listed By: CONNOR NELSON
Added: Aug 21 Last Checked: Aug 22 at 6:06PM
MLS# 219181

Copyright © 2026 Greater Northwoods MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This duplex contains two matching residential units, each arranged with one bedroom and one bathroom. The front residence has been remodeled, while the rear unit is occupied by a tenant. Interior features include laminate flooring, forced-air heating, laundry space, living areas, and kitchens equipped with gas water heaters. A garage and garden area are also included.

The property occupies 0.331 acres at 308 Illinois St W in Eagle River, Wisconsin. Public water and public sewer serve the building, avoiding private well and septic systems. Restaurants, downtown shopping, grocery stores, and schools are described as being nearby, with tenants responsible for gas, electric, Wi-Fi, and snowplowing.

Key Highlights

  • Two‑unit duplex with each residence offering 1 bedroom and 1 bathroom
  • Front unit has been remodeled; rear unit is currently tenant occupied
  • 0.331‑acre lot at 308 Illinois St W, Eagle River, WI 54521

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Plumbing Service Grocery & Convenience Store Bakery Garden Center Barber Shop Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

552
Businesses Nearby

Demographics for 54521, WI

8,317
Population
7,687
Households
1.1
Avg Household Size
54
Median Age
29%
College-Educated
96%
High-School Grad
188.4 sq mi
ZIP Area
44
Density / Sq Mi
$72,619
Median Household Income
$40,006
Median Earnings
$913
Median Rent
$275,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two one-bedroom residences share public water and sewer, with the rear unit currently occupied.
Where is this duplex located?
The property is located at 308 ILLINOIS ST W Eagle River, WI.
What is the asking price?
The asking price for this property is $229,900.
What are key features of this property?
This property features: Two‑unit duplex with each residence offering 1 bedroom and 1 bathroom; Front unit has been remodeled; rear unit is currently tenant occupied; 0.331‑acre lot at 308 Illinois St W, Eagle River, WI 54521
More about this property
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