$266,000
$9K PRICE DROP

408 N 3rd St Dunlap, IL 61525

Estimated payment $1,645/month

Total Views 18,129
4 Beds
3 Baths
1,898 Sq Ft
$140 Price per Sq Ft

Highlights

  • Popular Property
  • No HOA
  • Guest Parking
  • Dunlap Grade School Rated A
  • Shed
  • 4-minute walk to North Park

About This Home

Discover a rare opportunity designed for flexibility, comfort, and possibility. Fully renovated in 2025, this thoughtfully updated property offers an ideal setup for a mother-in-law suite, multigenerational living, an older child wanting their own space, or an owner-occupied home with rental income potential. The main two-story living space offers comfortable everyday living with three bedrooms, a bright living room, informal dining area, kitchen, and a beautifully updated full bathroom upstairs. The basement adds even more living space with a welcoming family room, additional bathroom, and laundry—perfect for movie nights or hobbies. A separate main-level side unit provides its own sense of independence while remaining connected to the property. This flexible space features a bedroom, living room combo, den or office area, kitchen, bathroom, and its own laundry, making it ideal for extended family, guests, a private mother-in-law suite, or potential rental income. Nearly every major component has been updated in 2025, including new electrical, PEX plumbing, HVAC, shingles and gutters, landscaping, a newly designed front porch area, brand-new interior finishes, and new appliances in both units. Outside, you'll find a backyard shed for extra storage and ample rear parking. Whether you're looking to bring family together while maintaining privacy or take advantage of built-in income potential, this versatile property offers a rare blend of flexible living options!

Listing Agent

Amanda Allsup

RE/MAX Traders Unlimited Brokerage Phone: 309-648-8187 License #475.186236 Listed on: 03/06/2026

RE/MAX Traders Unlimited

Co-Listing Agent

Jessica Ball

RE/MAX Traders Unlimited Brokerage Phone: 309-648-8187 License #475.175281

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,556

Year Built

  • Built in 1941

Lot Details

  • 4,356 Sq Ft Lot
  • Lot Dimensions are 50 x 150
  • Level Lot

Home Design

  • Block Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,898 Sq Ft Home
  • Ceiling Fan
  • Finished Basement
  • Partial Basement

Kitchen

  • Range with Range Hood
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Guest Parking
  • On-Street Parking

Outdoor Features

  • Shed

Schools

  • Dunlap High School

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Alva Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 08-11-156-003

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,556

Year Built

Built in 1941

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1941
  • Unit Levels: Two
  • New Construction: No
  • Property Attached Yn: No
  • Attribution Contact: Mobile: 309-648-8187
  • Special Features: None

Interior Features

  • Appliances: Dryer, Range Hood, Microwave, Range, Refrigerator, Washer
  • Basement: Finished, Partial
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Interior Amenities: Cable Available, Ceiling Fan(s)
  • Living Area: 1898
  • KitchenDining: Dining Informal,Dining/Living Combo

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Paved
  • Construction Type: Vinyl Siding
  • Exterior Features: Shed(s)
  • Foundation Details: Block
  • Roof: Shingle
  • 100YearPlain: No
  • Conversion: 0

Garage/Parking

  • Garage Yn: No
  • Parking Features: Guest, On Street

Utilities

  • Cooling: Central Air
  • Heating: Electric, Forced Air, Gas Water Heater
  • Water Source: Public Sewer, Public
  • UtilitiesOnYN: Yes
  • PowerProductionYN: No

Condo/Co-op/Association

  • Senior Community: No
  • MandatoryMonthlyFee: No
  • MandatoryAnnualFee: No

Schools

  • High School: Dunlap

Lot Info

  • Lot Size Acres: 0.1
  • Lot Size: 50 x 150
  • Parcel #: 08-11-156-003

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2555.86
  • TaxExemptions: Homestead/Owner Occupied

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,556 $41,590 $5,520 $36,070
2023 $2,399 $39,240 $5,210 $34,030
2022 $2,200 $36,220 $4,800 $31,420
2021 $2,098 $34,490 $4,570 $29,920
2020 $2,044 $33,490 $4,440 $29,050
2019 $2,054 $34,170 $4,530 $29,640
2018 $2,072 $34,800 $4,610 $30,190
2017 $2,198 $36,250 $4,800 $31,450
2016 $2,110 $36,250 $4,800 $31,450
2015 $2,107 $34,860 $4,620 $30,240
2014 $2,056 $35,380 $4,690 $30,690
2013 -- $34,690 $4,600 $30,090
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/01/2026 04/01/26 Price Changed $266,000 -1.5% $140 / Sq Ft
03/21/2026 03/21/26 Price Changed $270,000 -1.8% $142 / Sq Ft
03/06/2026 03/06/26 For Sale $275,000 +243.8% $145 / Sq Ft
01/02/2025 01/02/25 Sold $80,000 0.0% $48 / Sq Ft View Prior Sale
12/02/2024 12/02/24 Pending -- -- --
12/02/2024 12/02/24 For Sale $80,000 -- $48 / Sq Ft
Source: RMLS Alliance

Purchase History

Date Type Sale Price Title Company
Warranty Deed $80,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $95,000 Construction
Source: Public Records

About the Listing Agent

Amanda Allsup

RE/MAX Traders Unlimited

(309) 724-1639

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I am a dedicated professional with 16 years' experience in the customer service industry. I have always presented the highest standards for my services thriving off organization and being attentive to your needs, my number one dedication is to you! I am here to provide the very best home buying and or selling experience to every client. No matter this is your first home, forever home, dream home or retirement home I will be there every step of the way! I want to be your ambassador as you make

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Source: RMLS Alliance

MLS Number: PA1264664

RMLS Alliance

APN: 08-11-156-003

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