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    527-531 Prairie St Hinckley, IL 60520

    For Sale
    $425,000

    Residential Income, Ranch - Hinckley, IL

    Lot size:
    0.35 Acres
    Days on Market:
    55
    Last Refresh:
    Dec 7 at 8:06 am

    Property Features for 527-531 Prairie St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    APN
    1514177012
    Parking
    2
    Lot size
    0.35 Acres

    Utilities

    Heating system
    Natural Gas

    Building Details

    Year built
    1975
    Roof type
    Asphalt
    Architectural style
    Ranch

    LEGACY PROPERTIES, A SARAH LEONARD COMPANY (224) 999-9100 [email protected]

    Listing agent Tracy Behrens (224) 999-9100 License #475142726

    Listing date Oct 14, 2025

    MLS# 12495105 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Hinckley Duplex: Income Potential

    This fully rented duplex is located in Hinckley and presents options for investors or owner-occupants. The property consists of two units, 527 and 531 Prairie Street, each with its own tax bill and utilities paid separately by the tenants. Each unit provides 1081 square feet of living space, featuring a large living room, two bedrooms, one full bathroom, a kitchen and dining combo, and laundry hook-ups. Outdoor amenities include a concrete patio and a large yard. The duplex sits on a 100x150 lot, totaling 0.35 acres. Each unit includes ample closet space, kitchen appliances, ceiling fans, and a one-car attached garage. A shed is also located on the property. Unit 531 has been fully remodeled with new floors, kitchen, and bath. Unit 527 is described as dated but clean. A new roof was installed in 2022, and two new A/C and furnace units were installed in 2024. Potential uses include renting both sides, living in one unit and renting the other, or living in one unit and selling the other.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Wholesale Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Hinckley
    County
    DeKalb
    State
    Illinois
    Longitude
    -88.63389
    Latitude
    41.773273

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      Hinckley Mixed-Use Income Property

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      105 E Lincoln Ave, Hinckley, IL 60520
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    FAQs

    What type of property is this?
    Duplex - Fully rented duplex in Hinckley with separate utilities and large lot.
    Where is this duplex located?
    The property is located at 527-531 Prairie St Hinckley, IL.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: - Fully rented duplex with separate utilities paid by tenants, providing immediate rental income.; - Unit 531 is fully remodeled with new floors, kitchen, and bath.; - New Roof (2022) and 2 New A/C & Furnaces (2024) ensure low maintenance costs.
    (224) 999-9100
    Request Owner's contact information
    527-531 Prairie St Hinckley, IL 60520
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    Hinckley, IL 60520
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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
    527-531 Prairie St Hinckley, IL 60520
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