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Updated Duplex with Two Garages

516-520 Stilson Street Earlville, IL 60518

516-520 Stilson Street, Earlville, IL, 60518
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For Sale
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Renovated two-unit duplex with single-story layouts, each featuring bedrooms, laundry, a garage, and an unfinished basement.

Property Size2,400 SF
Price / SF$147.88
Days on Market90

Property Features for 516-520 Stilson Street

General Information

Standard status
Active
Size
2,400 SF
Property subtype
Multifamily

Building Details

Year Built
2000
Listing agency CENTURY 21 Integra | Farm & Ranch Real Estate
Listed by Amy Rogus · License #IL 471019735
Source Crexi
Added: Apr 24 Updated: Jul 21 at 5:08AM Checked: Jul 21 at 5:08AM

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 CENTURY 21 Integra | Farm & Ranch Real Estate


Investment Insights

Based on property information with market context.

This updated duplex offers two renovated units arranged for single-story living. Each unit includes two bedrooms and 1.5 bathrooms, along with a large kitchen, a dedicated dining area off the kitchen, and a comfortable living room. A first-floor laundry area is included for added convenience. Both units also provide access to an unfinished basement, offering opportunities to expand living space, and each unit has a 1-car garage. Materials to finish the basement in Unit 520 have already been purchased and will be included with the sale.

The property is located on Stilson Street in Earlville, IL, with both units positioned on the left and right sides of the duplex (Unit 520 on the left, Unit 516 on the right). The location is described as only a block away from the schools.

Units are configured with a primary bedroom that provides private deck access, supporting everyday comfort and outdoor use within each unit.

Key Highlights

  • Renovated duplex built in 2000 with single‑story, approximately 1,200 sq ft per unit
  • Each unit offers 2 bedrooms and 1.5 bathrooms, plus a primary bedroom with private deck access
  • Full kitchen includes all appliances, with a dedicated dining area off the kitchen and a living room for everyday living

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $36.9k $15.36
− Vacancy −$1.8k −$0.77
EGI $35.0k $14.59
− OpEx −$10.5k −$4.38
NOI $24.5k $10.21
2,400 SF · lease $15.36/SF/yr · vacancy 5.00% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$350.2K
$306.4K – $408.6K (±1% cap)
NOI $24,515 @ 7.0% cap · market cap 6.91%
Second Best
Apartment 5plus
$313.3K
$274.2K – $365.6K (±1% cap)
NOI $21,934 @ 7.0% cap · market cap 6.18%
Theoretical Best
Office A
$600.7K
$525.6K – $700.8K (±1% cap)
NOI $42,048 @ 7.0% cap · market cap 11.85%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Dental Office Electrical Service Hair Salon Nail Salon (Bike/Boat/Book/etc) Store Barber Shop Veterinary Clinic Grocery & Convenience Store (Bike/Boat/Book/etc) Store Plumbing Service

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

FAQs

What type of property is this?
Duplex - Renovated two-unit duplex with single-story layouts, each featuring bedrooms, laundry, a garage, and an unfinished basement.
Where is this duplex located?
The property is located at 516-520 Stilson Street Earlville, IL.
What is the asking price?
The asking price for this property is $354,900.
What are key features of this property?
This property features: Renovated duplex built in 2000 with single‑story, approximately 1,200 sq ft per unit; Each unit offers 2 bedrooms and 1.5 bathrooms, plus a primary bedroom with private deck access; Full kitchen includes all appliances, with a dedicated dining area off the kitchen and a living room for everyday living
Contact an agent
(847) 331-6179 Call to check price and availability
More about this property
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