Active

699 E Fort Street

Farmington, IL 61531

$399,000 $1,682/Mo

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Description

Attention investors and renovators! This multi-family property offers a great value-add opportunity with four units per building. 3 separate buildings situated on spacious lots with a large parking area. The unit mix includes two 2-bedroom units and two 1-bedroom units, providing solid rental potential once improvements are completed. The buildings do require repairs and updates, making this an ideal project for an investor looking to renovate and increase rental income. The generous lot sizes and ample parking add convenience and flexibility for tenants and future improvements. With the right vision and updates, this property has strong potential to become a solid long-term income-producing investment.

Property Details

Property Type : Residential Income

Price : $399,000

AD Id : 76177605

MLS Id : PA1264874

Year Built : --

County : Fulton

Map

What's Nearby

Nearby Areas

Features

Room Information

Has Basement: Yes Basement: Full
Roofing Information

Rubber
Interior Features

Roof: Rubber Appliances: Electric Water Heater, Water Heater Laundry Features: None
Heating & Cooling

Has Heating: Yes Heating: Electric Has Cooling: Yes Cooling: Window Unit(s)

Building Information

Building Area Total: 8000 Construction Materials: Vinyl Siding, Wood Siding Private Pool: No Association Fee Frequency: Monthly

Lot Information

Lot Dimensions: 75x332x147x196x71x131 Lot Description: Level

Property Information

Subdivision: None Source Property Type: Residential Income MLS Area Minor: PAAR Area

Listing Price Information

Listing Price: $399000

Tax Information

Parcel Number: 05-04-01-405-016 Tax Year: 2024 Annual Tax: $7767.3 Tax Legal Desc: SECT/LOT: 07 OUT LOTS ON SEC ONE W 75 N 200 E 74 8

Parking Information

Parking Total: 15 Guest, Other

Homeowners Association Information
Has Association: Yes

School Information

Elementary School:

Junior High School:

Senior High School: Farmington
Location Information

Direction: West on Rte 116. Right in town on the right. WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
627 E Fort Street, Farmington, IL, 61531	$97,000	3	1	1,664	1,664 SqFt
361 W Fulton Street, Farmington, IL, 61531	$44,900	3	1	1,004	1,004 SqFt
449 W Fort Street, Farmington, IL, 61531	$94,900	2	1	1,124	1,124 SqFt
34 N Hickory Street, Farmington, IL, 61531	$59,000	4	1	1,720	1,720 SqFt

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Based on information submitted to the MLS GRID as of 07/22/2026 @ 15:00. 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.

ByOwner last updated this listing 07/22/2026 @ 15:00

MLS: PA1264874 LISTED BY: Lisa Inman, Move Smart Realty 309-215-2500 SOURCE: RMLS Alliance