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Fully Remodeled Quadplex with Pool
For Sale
Under Contract
$429,900

508 S VINE Street, Heyworth, IL 61745

Residential Income, Heyworth, IL

Property SizeContact for details
Lot Size0.74 Acres
Days on Market124

Property Features for 508 S VINE Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Commercial
Bedrooms 7
Bathrooms 5
Full bathrooms 5
Rooms Bathroom 5, Bathroom 2, Bedroom 6, Bathroom 4, Bedroom 2, Bedroom 3, Bedroom 7, Bedroom 5, Bathroom 3, Bedroom 4, Bathroom 1, Bedroom 1
Parking 6
Parking features Oversize, Guest
Basement Unfinished, Crawl Space, Partial
Subdivision Hendrick
Lot features Level
High school Heyworth
Directions Rt 136 toward Heyworth, R on Vine St
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
Legal Description HEDRICK & REES ADD LT 13,14,15 & S19' LT 12

Utilities

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

Amenities

in-ground pool
gazebo

Building Details

Year built 1952
Number of units 4
Building materials Vinyl Siding
Roof type Metal
Listing Agency: Gallery Homes Real Estate
Listed By: Amanda Yemm
Added: Apr 28 Changed: Aug 19 Last Checked: Aug 29 at 7:06PM
MLS# PA1265996

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 fully remodeled quadplex was converted from the former “Heyworth Motel” into four apartments, offering a mix of efficiency and larger unit layouts. Units A and B are both one-bedroom, one-bath efficiencies, while Unit C is a two-bedroom, one-bath apartment with a washer and dryer hook-up. The privately located fourth unit is the most unique, configured as a quad-level living space with a main level master suite, open-concept kitchen with cathedral ceilings, two large bedrooms on the upper level, and a large family room with a wood-burning fireplace on the lower level. The basement includes 480 sq ft of additional storage. All units are being sold fully applianced.

Outside, the privately fenced back yard includes a 4-car extra-large garage, inground pool, and gazebo. The property is heated with baseboard and forced air systems (natural gas and electric heating), cooled with central air, and features vinyl siding and a metal roof.

New within the last 5 years includes kitchen and bathroom remodels, paint throughout, flooring, water heater, AC, and a metal roof in 2025. The landlord pays all utilities, and water is provided via public supply.

Key Highlights

  • Converted quadplex offering four apartments: two 1 bed/1 bath efficiencies plus a 2 bed/1 bath unit
  • Unit D is a quad‑level 3 bedroom, 2 full bath layout with cathedral ceilings and a wood‑burning fireplace
  • Privately fenced back yard with inground pool, gazebo, and a 4‑car extra‑large garage

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick HVAC Service Building Supply Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Hair Salon Garden Center

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

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

148
Businesses Nearby

Demographics for 61745, IL

4,331
Population
1,645
Households
2.6
Avg Household Size
40
Median Age
36%
College-Educated
98%
High-School Grad
74.4 sq mi
ZIP Area
58
Density / Sq Mi
$102,696
Median Household Income
$60,353
Median Earnings
$1,013
Median Rent
$209,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Commercially zoned quadplex remodeled into four fully applianced apartments with fenced yard, inground pool, and oversize garage.
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 quadplex offering four apartments: two 1 bed/1 bath efficiencies plus a 2 bed/1 bath unit; Unit D is a quad‑level 3 bedroom, 2 full bath layout with cathedral ceilings and a wood‑burning fireplace; Privately fenced back yard with inground pool, gazebo, and a 4‑car extra‑large garage
More about this property
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