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Sold on 04/01/2026
  • Other
  • Exterior
  • Kitchen
  • Living
  • Bedroom

555 Madison St, Riverton, IL 62561

  • $555,000

    Last sold 04/01/2026 after 50 Days

  • —

    bed

  • —

    bath

Multi-family not for sale
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About 555 Madison St

Property type Multi-family
Neighborhood
Year built 1991
HOA fee $0/month
Property description
Well maintained, 10 total units including an all brick 8-plex with eight 2 BR, 1 BA units. 4-car detached garage, all brick with two 1 BR, 1 BA units above. Landlord pays for garbage, water/sewer. Two-coin operated laundry rooms. The 4-car garage offers storage or could be additional rent income--it also has a bathroom. Rent roll and expense report in Documents. NEW ROOF WILL BE INSTALLED ON THE MAIN 8-PLEX. Please give 24 hour notice for all showings.
Listed by
Listing Office - The Real Estate Group, Inc.
Source: RMLS Alliance mls logo
MLS#CA1041690 • last updated 4 months ago
Movoto checked RMLS Alliance for data 13 minutes ago
Overview
Cooling/AC Central Air
Heating Forced Air, Natural Gas
Levels/Style Two Or More Story
MLS # CA1041690
Status Sold
SubType Residential Income
Property Tax 9333.2
Year Built 1991
Interior
Laundry Common Area
Interior Features Storage
Exterior
Foundation Slab
Roof Shingle
Construction Brick
Parking Detached, Guest, Parking Pad
# of Parking Spaces 10
Lot Features Level
Amenities / Utilities
Water Source Public Sewer, Public
Location
Subdivision None
High School Riverton District #14
APN 15090476009
Directions IL-54 To 7th St., Exit To Madison
Multifamily Details
Total # of Units 10
Net Operating Income 59791
Expense: Water/Sewer 4583
Expense: Operating 14626
Expense: Maintenance 2685
Expense: Trash 1440
Gross Income 83750
Gross Scheduled Income 83750
Lot/ Land Details
Road Surface Paved
  • Apr 2026
    mls logo MLS # CA1041690
  • Apr 1, 2026 Sold
    $555,000 (-3.5%)
  • Feb 17, 2026 Pending
    —
  • Feb 10, 2026 Listed
    $575,000
  • Feb 2026
    mls logo MLS # CA1041686
  • Feb 10, 2026 Listed
    $575,000
  • 555 Madison St
    $555K
  • Brcly,dwsn,rivrtn,spldng
    —
  • 62561
    $195K -10% y/y
  • Riverton
    $204K -5% y/y
No chart available
Statistics calculated by Movoto

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3/10
Riverton High School
public Grades 9-12
Riverton Community Unit School District 14
Source: GreatSchools.org © 2026. All rights reserved.

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