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    Remodeled 4-Unit Multifamily Property

    508 S VINE Street Heyworth, IL 61745

    Claim this Listing
    For Sale
    Under Contract
    $429,900

    MULTI_FAMILY - Heyworth, IL

    Lot size:
    0.74 Acres
    Added:
    Apr 28, 2026
    Days on Market:
    75
    Last Refresh:
    Jul 11 at 5:06 am

    Property Features for 508 S VINE Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    Commercial
    Bedrooms
    7
    Bathrooms
    5
    Rooms
    Bathroom 1, Bathroom 4, Bedroom 5, Bathroom 5, Bedroom 1, Bathroom 3, Bedroom 3, Bedroom 7, Bedroom 6, Bedroom 4, Bedroom 2, Bathroom 2
    Parking
    6
    Parking features
    Oversize, Guest
    Basement
    Partial, Crawl Space, Unfinished
    Standard status
    Active Under Contract
    APN
    35-04-230-036
    Lot size
    0.74 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    HEDRICK & REES ADD LT 13,14,15 & S19' LT 12
    Tax Annual Amount
    6647

    Utilities

    Heating system
    Electric (Heating), Baseboard, Forced Air, Natural Gas
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1952
    Number of units
    4
    Building materials
    Vinyl Siding
    Roof type
    Metal

    Listing agent Amanda Yemm

    Listing office Gallery Homes Real Estate 8320 N Jackson St, Peoria Heights, IL

    Listing date Apr 28, 2026

    MLS# PA1265996 Listing URL

    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 remodeled multi-family property has been converted into four apartments. Units A and B are 1-bedroom, 1-bath efficiency layouts, while Unit C offers 2 bedrooms and 1 bath with a washer and dryer hook-up. Unit D is tucked privately in the back and is the most unique, with 3 bedrooms and 2 full baths arranged on a quad-level living configuration, including a main-level master suite and an open concept kitchen with cathedral ceilings, plus a large family room and wood-burning fireplace on the lower level. The basement includes additional storage (480 sq. ft.), and all units are sold fully applianced.

    Located at 508 S VINE Street in Heyworth, IL 61745, the property is zoned Commercial. Recent improvements within the last five years include kitchen and bathroom remodels, interior paint, new flooring, a water heater, AC, and a metal roof (2025). The landlord pays all utilities.

    Outside, there is a privately fenced back yard featuring a 4-car extra-large garage, an inground pool, and a gazebo.

    Key Highlights

    • Converted Heyworth Motel into a 4‑apartment multi‑family property
    • Unit mix: Units A & B are 1 bed/1 bath efficiencies; Unit C is 2 bed/1 bath with washer & dryer hook‑up
    • Unit appliances included: all units sold fully applianced; landlord pays all utilities

    Property Analytics

    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    HVAC Service Building Supply Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Hair Salon Garden Center Carpet & Flooring Store Electrical Service Spa & Massage Center Gym & Fitness Center

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

    FAQs

    What type of property is this?
    Quadplex - Fully remodeled into four apartments with updated finishes, fully equipped units, and landlord-paid utilities.
    Where is this quadplex located?
    The property is located at 508 S VINE Street Heyworth, IL.
    What is the asking price?
    The asking price for this property is $429,900.
    What are key features of this property?
    This property features: Converted Heyworth Motel into a 4‑apartment multi‑family property; Unit mix: Units A & B are 1 bed/1 bath efficiencies; Unit C is 2 bed/1 bath with washer & dryer hook‑up; Unit appliances included: all units sold fully applianced; landlord pays all utilities
    Contact an agent
    (309) 472-2383
    We can help!
    Contact an agent
    Amanda Yemm
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