227 W Pine Street, Canton, IL 61520
- Sqft
- 2,624
View property features, location on map, relevant school information and overview from seller's agent.
- 3
- 0
Overview
Excellent opportunity to own a solid brick multi-unit building conveniently located in the heart of Canton. This well-maintained property features four spacious apartments — two on the main floor and two upstairs — plus a shared basement area with laundry and storage for tenants. Recent updates include a new EPDM rubber roof with fiber board base, extended to cover the roof edges, plus tuckpointing and new front porch steps, decking, and roof — all helping to reduce long-term maintenance costs. The building offers three 1-bedroom/1-bath units and one 1-bedroom (possible 2 bedroom)/1.5-bath unit, each with eat-in kitchens, full-size gas stoves and refrigerators, large living rooms, front and rear entrances, and off-street parking. One main-floor unit includes a handicap ramp for accessibility. All units are served by forced-air gas heat and central air conditioning. Rents currently include gas, electric, water, and trash, with below-market rental rates providing room for upside. This property is a turnkey income producer with strong cash flow and additional value potential through rent increases. Ideal for an investor seeking dependable returns in a stable Central Illinois market.
Location
Full feature list
Basic info
- Square feet
- 2,624
- Year built
- 1906
Interior features
- Basement
- Yes, Unfinished
Utilities
- Heating
- Forced air, Natural gas
- Cooling
- Zoned, Central air
- Sewer
- Public sewer
- Water
- Public
Estimated monthly costs
- Electricity
- $3,828
- Insurance
- $2,460
Taxes
- Tax Annual Amount (2024)
- $2,094.84
Public schools
Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.
Sourced from: RMLS Alliance MLS®#: PA1261622 Last checked: …

Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.