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508 S Vine Street

Heyworth, IL 61745
  • $429,900
  • STATUS: Active
  • ON SITE: 22 Days
  • ID#: PA1265996
Price Reduced
$429,900
  • 0
    BEDS
  • 0.74
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1952
County:
Area:

School Information

High School:

Description

The old "Heyworth Motel" has been fully remodeled and turned into 4 apartments. Unit's A & B are both 1 bed/ 1 bath efficiency. Unit C is 2 bed/ 1 bath with a washer & dryer hook-up. All units being sold fully applianced. Tucked privately in the back is the 4th and most unique Unit of this multi-family rental property. Keep as a private residence or maximize your high-income potential. With 3 bedrooms and 2 full baths, the completely updated living area is a private oasis from city life. Set up as a quad-level living space, there is a main level master suite, open concept kitchen with cathedral ceilings, 2 large bedrooms on the upper level and a large family room and wood burning fireplace on the lower level. The basement offers 480 sq feet of additional storage. The privately fenced back yard is a hidden gem with a 4-car extra-large garage, inground pool and gazebo! NEW within the last 5 years - kitchen and bathroom remodel, paint throughout, flooring, water heater, AC and metal roof (2025). Landlord pays all utilities. You don't want to miss the opportunity to make this unique property your next investment!

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© 2026 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Ashley Coker Team | The Real Estate Group. Data last updated: 2026-05-20T23:44:53.98.
www.ashleycoker.com/homes/175869942
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508 S Vine Street Heyworth, IL 61745

  • Price: $429,900
  • Status: Active
  • On Site: 22 Days
  • ID#: PA1265996
0
Beds
0
Baths
0
½ Baths
0.74
Acres
1952
Built
Neighborhood:
Hendrick
County:
Mclean
Area:
Paar Area
High School:
Heyworth
Property Description
The old "Heyworth Motel" has been fully remodeled and turned into 4 apartments. Unit's A & B are both 1 bed/ 1 bath efficiency. Unit C is 2 bed/ 1 bath with a washer & dryer hook-up. All units being sold fully applianced. Tucked privately in the back is the 4th and most unique Unit of this multi-family rental property. Keep as a private residence or maximize your high-income potential. With 3 bedrooms and 2 full baths, the completely updated living area is a private oasis from city life. Set up as a quad-level living space, there is a main level master suite, open concept kitchen with cathedral ceilings, 2 large bedrooms on the upper level and a large family room and wood burning fireplace on the lower level. The basement offers 480 sq feet of additional storage. The privately fenced back yard is a hidden gem with a 4-car extra-large garage, inground pool and gazebo! NEW within the last 5 years - kitchen and bathroom remodel, paint throughout, flooring, water heater, AC and metal roof (2025). Landlord pays all utilities. You don't want to miss the opportunity to make this unique property your next investment!
Exterior Features

Construction Materials Vinyl Siding Parking Features DetachedGuestOversized Parking Total 6 Roof Metal

Interior Features

Basement Crawl SpacePartialUnfinished Building Area Total 2462 Cooling Central Air Heating BaseboardElectricForced AirNatural GasGas Water HeaterWindow Unit(s) Number Of Central Air Units 1 Number Of Dishwashers 1 Number Of Dryers 1 Number Of Electric Meters 1 Number Of Gas Meters 1 Number Of Heating Units 1 Number Of Ranges 4 Number Of Washers 1 Number Of Water Heaters 3 Numberof Refrigerators 4

Property Features

100 Year Plain No Agent Owned No Disclosed Short Sale N Financing Cash OnlyCommercialConventional Gross Income 28800 Insurance Expense 4000 Lot Features Level Lot Size Dimensions 197x127x200x106x19x104 Manager On Site YN No Net Operating Income 15513 New Construction YN No Number Of Water Meters 1 Number Of Window Units 1 Operating Expense 6640 Repossessed No Structure Type Quadruplex Tax Annual Amount 6646.54 Tax Legal Description HEDRICK & REES ADD LT 131415 & S19' LT 12 Tax Year 2024 Trash Expense 1200 Type Residential Income Virtually Stage YN No Water Source Public SewerPublic Zoning Commercial

Listing provided courtesy of Amanda Yemm of Gallery Homes Real Estate: .
© 2026 RMLS Alliance, LLC. All Rights Reserved.


© 2026 RMLS Alliance, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Ashley Coker Team | The Real Estate Group. Data last updated: 2026-05-20T23:44:53.98.
 
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