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Historic Schoolhouse Multifamily Opportunity

325 W S 3rd Street, De Land, IL 61839

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For Sale

$315,000

MULTI_FAMILY - Deland, IL

HighLights

Built in 1909 with brick construction and an early‑schoolhouse design
Currently configured as five units, with an unfinished wing offering thousands of sq ft of raw space
Unfinished wing may accommodate 6–8 additional units or an event space in the old gym
7 bedrooms and 6 bathrooms listed in the room configuration
Heat pump cooling and septic tank sewer system
Features interior details noted in the listing, including high ceilings, exposed brick, and wide hallways

We can help!

Listing Contact

Mark Waldhoff

For Sale

$315,000

MULTI_FAMILY - Deland, IL

Added:: Apr 16, 2026
Days on Market:: 68
Last Refresh:: Jun 22 at 6:06 pm

Property Features for 325 W S 3rd Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Bedrooms: 7
Bathrooms: 6
Rooms: Bathroom 4, Bathroom 3, Bedroom 3, Bathroom 5, Bedroom 6, Bedroom 5, Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 4, Bathroom 6, Bedroom 2, Bedroom 7
Standard status: Active
APN: 04002200000501

Taxes and HOA fees

Tax Year: 2024
Tax Annual Amount: 751

Utilities

Sewer type: Septic Tank
Cooling system: Heat Pump

Building Details

Year built: 1909
Floors in Building: 2
Number of units: 5
Building materials: Brick

We can help!

Listing Contact

Mark Waldhoff

Listing agent Mark Waldhoff License #475

Listing office KELLER WILLIAMS-TREC 2441 Village Green Place, Champaign, IL

Listing date Apr 16, 2026

MLS# 12619780 Listing URL

HighLights

Built in 1909 with brick construction and an early‑schoolhouse design
Currently configured as five units, with an unfinished wing offering thousands of sq ft of raw space
Unfinished wing may accommodate 6–8 additional units or an event space in the old gym
7 bedrooms and 6 bathrooms listed in the room configuration
Heat pump cooling and septic tank sewer system
Features interior details noted in the listing, including high ceilings, exposed brick, and wide hallways

Overview

This property presents a unique opportunity to own a piece of local history. The building, a former schoolhouse, has been reimagined, blending early 20th-century architecture with modern residential comforts. The property currently features five units with high ceilings, exposed brick, and wide hallways. The property includes an unfinished wing with thousands of square feet of raw space that could accommodate 6 to 8 more units, or an event space. The property is located in Deland, IL.

Property Profile Location Intelligence

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Apartment buildings

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Local Demand

City: De Land
County: Piatt
State: Illinois
Longitude: -88.648141
Latitude: 40.115983

For sale
Apartment buildings
IL
De Land
61839
325 W S 3rd Street

What type of property is this?

Apartment building - Unique multifamily property with expansion potential in historic schoolhouse.

Where is this apartment building located?

The property is located at 325 W S 3rd Street De Land, IL.

What is the asking price?

The asking price for this property is $315,000.

What are key features of this property?

This property features: Built in 1909 with brick construction and an early‑schoolhouse design; Currently configured as five units, with an unfinished wing offering thousands of sq ft of raw space; Unfinished wing may accommodate 6–8 additional units or an event space in the old gym

325 W S 3rd Street, De Land, IL 61839

MULTI_FAMILY - Deland, IL

Property Features for 325 W S 3rd Street

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

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