Investor Alert! This well-maintained 2-unit property at 209 W Madison St. in Rushville offers solid income potential and numerous updates throughout. Both units received new siding, roof, windows, HVAC systems (2020)—including all new ductwork and 10-year transferable warranties for peace of mind. Unit #1 rents for $700/month and features updated kitchen countertops, new flooring (2020), updated bathroom and laundry room (2021), newer stove (2025), and a washer and dryer that convey (2022). Unit #2 is also remodeled and includes its own washer and dryer. Electrical has been updated from the basement through the kitchen (2021), and both the interior water and sewer lines have been replaced, with the main sewer line to the street replaced in 2010. Extra roofing and siding materials will convey. A great investment property ready to generate income—can also be purchased as part of a package deal with additional properties the seller is offering.
© 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, March 30th, 2026.
Listed by: Happel, Inc., REALTORS 217-430-9353
Data services provided by IDX Broker
View full listing details | Price: | 117,500 |
| Address: | 209 W Madison Street |
| City: | Rushville |
| County: | Schuyler |
| State: | Illinois |
| Zip Code: | 62681 |
| Subdivision: | None |
| MLS: | CA1040403 |
| Square Feet: | 1,964 |
| roof: | Shingle |
| cooling: | Central Air |
| heating: | Natural Gas |
| taxYear: | 2024 |
| basement: | Partial |
| mlsStatus: | Pending Continue to Show |
| agentOwned: | no |
| directions: | W Madison to 209 |
| 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: | 08-30-352-015 |
| parkingTotal: | 4 |
| pricePerSqFt: | 59.83 |
| structureType: | Apartment Building |
| numberOfDryers: | 2 |
| numberOfRanges: | 2 |
| managerOnSiteYN: | no |
| numberOfWashers: | 2 |
| parkingFeatures: | Guest, On Street |
| statusDetailMLS: | 1 |
| taxAnnualAmount: | 1984 |
| listingAgreement: | Exclusive Right To Sell |
| taxExemptionsMLS: | None |
| firstPhotoAddDate: | 2025-11-06T19:52:49.8 |
| lotSizeDimensions: | 61x71 |
| newConstructionYN: | no |
| numberOfGasMeters: | 2 |
| seniorCommunityYN: | no |
| attributionContact: | Office: 217-224-8383 |
| disclosedShortSale: | N |
| netOperatingIncome: | -1984 |
| numberOfUnitsTotal: | 2 |
| agentRelatedToOwner: | no |
| listingContractDate: | 2025-11-06T00:00:00+00:00 |
| numberofWaterMeters: | 2 |
| taxLegalDescription: | 10' E END OF 70' 10 SSDLOT 11 & W 50' 10'' LOT 12 BLK 10' ORIGINAL PLAT |
| numberOfHeatingUnits: | 2 |
| numberOfWaterHeaters: | 2 |
| constructionMaterials: | Brick |
| numberofRefrigerators: | 2 |
| statusChangeTimestamp: | 2026-02-16T00:00:00+00:00 |
| addressSearchNumberMLS: | 209 |
| numberOfElectricMeters: | 2 |
| numberOfCentralAirUnits: | 2 |
| listingVisibilityTypeMLS: | MLS Listing |
| operatingRecordingDevice: | None |
| agentIsDesignatedManagingBroker: | no |
