314 S Cedar Street, Shelbyville, IL 62565
Local realty services provided by:Better Homes and Gardens Real Estate Service First
314 S Cedar Street,Shelbyville, IL 62565
$159,900
- - Beds
- - Baths
- 2,246 sq. ft.
- Townhouse
- Active
Listed by:glenda sphar
Office:glenda sphar realty
MLS#:6252863
Source:IL_CIBOR
Price summary
- Price:$159,900
- Price per sq. ft.:$71.19
About this home
Versatile Multi-Family Property with Strong Rental Income & Conversion Potential!
Welcome to this spacious multi-family home offering two generous units—perfect for investors seeking steady rental income, Airbnb potential, or buyers looking to convert into a single-family residence.
Unit 1 features: 3 spacious bedrooms and 2.5 baths, large living room perfect for relaxing or entertaining, Eat-in kitchen with ample cabinet and counter space, Full front porch access, Basement access with shared laundry area
Unit 2 offers: 2 bedrooms and 2.5 baths, Expansive layout with a large living room, family room, and dining area, updated kitchen with range, refrigerator, microwave and dishwasher, Enclosed porch perfect for year-round enjoyment,
Attached 2+ car garage, Direct basement access with private laundry, workshop, and abundant storage.
Recent updates include modernized electric panels and updated furnaces, ensuring comfort and efficiency. While the wood exterior could use fresh paint, the property offers strong structural integrity and immediate income generation.
Whether you're looking to continue as a fully rented investment property, explore short-term rental opportunities, or convert back to a spacious single-family home—this property is full of potential.
Contact an agent
Home facts
- Year built:1858
- Listing ID #:6252863
- Added:88 day(s) ago
- Updated:September 30, 2025 at 03:13 PM
Rooms and interior
- Living area:2,246 sq. ft.
Heating and cooling
- Cooling:Central Air, Window Units
- Heating:Forced Air, Gas
Structure and exterior
- Year built:1858
- Building area:2,246 sq. ft.
- Lot area:0.6 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$159,900
- Price per sq. ft.:$71.19
- Tax amount:$3,840 (2024)
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