Small Multi-Unit Income Property

418 N SPRING Street Metamora, IL 61548

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For Sale
Contact for pricing

COMMERCIAL - Metamora, IL

Lot size:
0.93 Acres
Added:
Mar 31, 2026
Days on Market:
104
Last Refresh:
Jul 12 at 12:06 pm

Property Features for 418 N SPRING Street

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Standard status
Active
APN
09-17-405-005
Lot size
0.93 Acres

Taxes and HOA fees

Tax Year
2024
Tax Description
T27N - R2W - S17 LOTS 7 8 9 10 11 12 BLK 2 T27N - R2W - S17 S 20' LT 3 & ALL LTS 4 5 6 BLK 2
Tax Annual Amount
9224

Listing agent Chris Rothan

Listing office eXp Realty 114 W Stratford Dr Suite E, Schaumburg, IL

Listing date Mar 31, 2026

MLS# PA1265243

Copyright © 2026 RMLS Alliance. 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 offering is part of a two-parcel package and must be acquired together. One parcel is a pay-to-park parking lot with 49 parking spaces. The other parcel includes three multi-unit properties totaling eight units across the buildings.

The unit mix is described as follows: 407 Morgan St includes two units (one 3 Bed/1 Bath and one 1 Bed/1 Bath). 517 E Monroe includes four units (all 2 Bed/1 Bath). 519 E Monroe includes two units (one 2 Bed/1 Bath and one 1 Bed/1 Bath). The property is listed with commercial zoning.

Overall, the configuration provides on-site parking alongside the existing rental units contained within the three buildings.

Key Highlights

  • Package includes 2 parcels—one pay‑to‑park parking lot and one parcel with 3 multi‑unit buildings
  • Pay‑to‑park parking lot with 49 parking spaces
  • 3 multi‑unit buildings with 8 total units across the parcel

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Real Estate Agency Big Box & Wholesale Store Auto Repair Shop Dental Office Building Supply Restaurant Furniture & Home Goods HVAC Service Pharmacy Grocery & Convenience Store

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

FAQs

What type of property is this?
Quadplex - Package includes a pay-to-park lot with 49 spaces and three multi-unit buildings totaling eight units.
Where is this quadplex located?
The property is located at 418 N SPRING Street Metamora, IL.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: Package includes 2 parcels—one pay‑to‑park parking lot and one parcel with 3 multi‑unit buildings; Pay‑to‑park parking lot with 49 parking spaces; 3 multi‑unit buildings with 8 total units across the parcel
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More about this property
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