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Character-Filled Duplex with Detached Garage
For Sale
$115,000

154 E Third St, Manteno, IL 60950

Two-level income property with separate electric meters, a large deck, and a covered front porch.

Property SizeContact for details
Days on Market8

Property Features for 154 E Third St

General Information

Standard status Active
Property subtype Multi-Family

Building Details

Year Built 1890
Listing Agency: Village Realty, Inc
Listed By: Amelia Bodie-Bultsma, CSC
Source: Illianahomesource
Added: Sep 6 Changed: Sep 11 Last Checked: Sep 12 at 10:56AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Village Realty, Inc

Investment Insights

Based on property information with market context.

Built in 1890, this two-unit property includes a main-level residence with 1-2 bedrooms, one full bathroom, a family room, kitchen, pantry, and season room. The upper residence has two bedrooms, one full bathroom, a kitchen, and living room. Tall ceilings, original trim, a front wood staircase, and possible hardwood flooring beneath some carpeting add period character. Both units share one address, with separate electric meters and shared water and gas service.

Exterior improvements include a newer roof on the house and detached garage, siding in good condition, a concrete driveway completed about 2 years ago, and a 448 sq. ft. deck. The covered front porch provides additional outdoor space. Basement drainage tile and a sump pump were installed approximately 5-6 years ago. The detached 2-car garage offers storage and workspace but requires attention. The property is zoned FB1 and is offered strictly as-is; buyers should independently verify zoning, utilities, inspections, unit configuration, and any proposed changes.

Key Highlights

  • Configured with 2 residential units and one common address
  • Main‑level unit offers 1‑2 bedrooms; upper unit includes 2 bedrooms
  • 448 sq. ft. deck plus covered front porch

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Hair Salon Spa & Massage Center Skin Care Clinic

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

Location Intelligence

Trade Area within ½ mile

410
Businesses Nearby

Demographics for 60950, IL

11,996
Population
5,243
Households
2.3
Avg Household Size
44
Median Age
22%
College-Educated
94%
High-School Grad
76.6 sq mi
ZIP Area
157
Density / Sq Mi
$87,848
Median Household Income
$54,034
Median Earnings
$1,008
Median Rent
$244,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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-level income property with separate electric meters, a large deck, and a covered front porch.
Where is this duplex located?
The property is located at 154 E Third St Manteno, IL.
What is the asking price?
The asking price for this property is $115,000.
What are key features of this property?
This property features: Configured with 2 residential units and one common address; Main‑level unit offers 1‑2 bedrooms; upper unit includes 2 bedrooms; 448 sq. ft. deck plus covered front porch
More about this property
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