This opportunity presents an excellent chance to generate substantial rental income. The property comprises 4 rental units spread across two separate houses, as well as a spacious 24 x 40 garage, all situated on a one-acre wooded lot. The first building underwent reconstruction in the early 2000s and now features two units, each boasting two bedrooms and a full bathroom, as well as a full basement. Each units is on separate utilities The second building contains two units: the first unit consists of two bedrooms with a full bathroom, and a extra bonus room. The upper unit offers two bedrooms with a full bathroom. Notably, the detached garage also serves as a source of rental income.
Closed
$400,000
8305 N Solon Rd, Richmond, IL 60071
7beds
--sqft
Multi Family
Built in 1896
-- sqft lot
$404,500 Zestimate®
$--/sqft
$1,845 Estimated rent
Home value
$404,500
$368,000 - $441,000
$1,845/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: November 07, 2025 at 12:03am
Listing courtesy of:
Russell Hart 630-309-9939,
RE/MAX Plaza
Bought with:
Jennifer Henry
RE/MAX All Pro - St Charles
Source: MRED as distributed by MLS GRID,MLS#: 12466570
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 2
Heating
- Natural Gas
Features
- Basement: Cellar,Full
Property
Parking
- Total spaces: 10
- Parking features: Detached, Garage
- Garage spaces: 4
Lot
- Size: 1 Acres
- Dimensions: 165 x 264
Details
- Parcel number: 0422400008
- Special conditions: List Broker Must Accompany
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding, Cedar
Condition
- New construction: No
- Year built: 1896
- Major remodel year: 2000
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & neighborhood
Location
- Region: Richmond
Other
Other facts
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 11/5/2025 | Sold | $400,000-2.4% |
Source:  MRED as distributed by MLS GRID #12466570 | ||
| 5/15/2025 | Listing removed | $410,000 |
Source: MRED as distributed by MLS GRID #12141802 | ||
| 4/10/2025 | Price change | $410,000-8.9% |
Source: MRED as distributed by MLS GRID #12141802 | ||
| 5/20/2024 | Price change | $450,000-5.3% |
Source: MRED as distributed by MLS GRID #11925481 | ||
| 11/8/2023 | Listed for sale | $475,000+69.6% |
Source: MRED as distributed by MLS GRID #11925481 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $7,563 +2.7% | $102,087 +9.4% |
| 2023 | $7,366 -9.3% | $93,324 -3.7% |
| 2022 | $8,126 +3.1% | $96,900 +4.2% |
Find assessor info on the county website
Neighborhood: 60071
Nearby schools
GreatSchools rating
- 6/10Richmond Grade SchoolGrades: PK-5Distance: 2.7 mi
- 6/10Nippersink Middle SchoolGrades: 6-8Distance: 2.2 mi
- 8/10Richmond-Burton High SchoolGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- Elementary: Richmond-Burton Community High S
- Middle: Richmond-Burton Community High S
- High: Richmond-Burton Community High S
- District: 157
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$404,500
2% more+ $8,090
With Zillow Showcase(estimated)
$412,590