Fantastic investment opportunity! This solid 4-unit property offers excellent income potential with major updates already completed. Brick and vinyl exterior with new siding, roof, and most windows all done in 2024. Updated sewer line to the street, with front yard still settling. Two units are currently rented at $630/month each, one unit is nearly finished with drywall complete and new flooring materials to convey, and one gutted unit is ready for rebuild—HVAC on site and bathroom plumbing already updated. Unit #4 received new HVAC in 2025 with a 10-year warranty. Property includes a 2-car detached garage with new windows and extra siding to convey. City-approved to build an additional 4-unit structure along the alley where the main sewer line runs, offering tremendous expansion potential. This property may also be purchased as part of a package deal with other investment properties the seller is offering — a great opportunity to grow your portfolio!
© Copyright 2026 RMLS Alliance. All rights reserved. This information is provided for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties in which they may be interested in purchasing. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of RMLS Alliance. Real estate listings held by brokerage firms other than Happel Inc., Realtors are marked with the RMLS logo and detailed information about them includes the name of the listing brokers.The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. The offer is made only to Participants of the MLS where the listing is filed.
The RMLS data on this page was last updated on Monday, April 13th, 2026.
Listed by: Happel, Inc., REALTORS 217-430-9353
Data services provided by IDX Broker
View full listing details | Price: | 162,500 |
| Address: | 135 E Washington Street |
| City: | Rushville |
| County: | Schuyler |
| State: | Illinois |
| Zip Code: | 62681 |
| Subdivision: | None |
| MLS: | CA1040404 |
| Square Feet: | 3,236 |
| roof: | Shingle |
| heating: | Natural Gas, Gas Water Heater |
| taxYear: | 2024 |
| basement: | Partial |
| mlsStatus: | Active |
| agentOwned: | no |
| directions: | E on Washington to 135 |
| highSchool: | Schulyer-Industry Unit 5 |
| lvtDateMLS: | 2025-11-06 |
| lotFeatures: | Level |
| repossessed: | no |
| saleRentMLS: | For Sale |
| waterSource: | Public Sewer, Public |
| 100YearPlain: | No |
| mlsAreaMinor: | Rushville |
| parcelNumber: | 08-30-334-009 |
| parkingTotal: | 4 |
| pricePerSqFt: | 50.22 |
| structureType: | Two or More Story |
| numberOfRanges: | 4 |
| managerOnSiteYN: | no |
| parkingFeatures: | Detached, On Street |
| taxAnnualAmount: | 3618 |
| listingAgreement: | Exclusive Right To Sell |
| taxExemptionsMLS: | None |
| firstPhotoAddDate: | 2025-11-06T19:56:33.2 |
| lotSizeDimensions: | 103x291 |
| newConstructionYN: | no |
| numberOfGasMeters: | 4 |
| seniorCommunityYN: | no |
| attributionContact: | Office: 217-224-8383 |
| disclosedShortSale: | N |
| netOperatingIncome: | -3618 |
| numberOfUnitsTotal: | 4 |
| agentRelatedToOwner: | no |
| listingContractDate: | 2025-11-06T00:00:00+00:00 |
| numberofWaterMeters: | 1 |
| taxLegalDescription: | 291' N & S X 103' E & W LOT 5 WM MANLOVE'S ADDITION |
| numberOfHeatingUnits: | 4 |
| numberOfWaterHeaters: | 4 |
| constructionMaterials: | Brick |
| numberofRefrigerators: | 4 |
| statusChangeTimestamp: | 2025-11-06T00:00:00+00:00 |
| addressSearchNumberMLS: | 135 |
| numberOfElectricMeters: | 4 |
| numberOfCentralAirUnits: | 4 |
| listingVisibilityTypeMLS: | MLS Listing |
| operatingRecordingDevice: | None |
| agentIsDesignatedManagingBroker: | no |
