IMAGINE OWNING A HOME WHERE YOUR RENTAL INCOME COVERS YOUR MORTGAGE! This unique single family nonconforming home with 2 rental units in the peaceful town of Malta offers a special opportunity to enjoy a spacious primary residence while generating income from two attached apartments. Unit A, the main residence, is a substantial 5-bedroom, 2-bath home with over 2,200 square feet. With spacious bedrooms, a primary suite featuring an ensuite bath, and a bonus room perfect as a nursery, office, or dressing room/extra closet, this home offers flexibility for all your needs. This unit is filled with character and offers incredible potential to make it your own. This main unit is also equipped with a Generac generator (installed in 2014) for reliable power. Unit B is a comfortable 2-bedroom, 1-bath apartment with 837 square feet of living space, featuring generously sized bedrooms and a bright atmosphere. Ideal for tenants seeking a cozy yet spacious home, this unit offers immediate rental potential. Unit C is a 1-bedroom, 1-bath apartment offering 625 square feet of well-designed space, including a functional kitchen, a large family room with room for a full dining area, and a comfortable bedroom. Perfect for tenants who seek a blend of comfort and practicality! This property has been well-maintained with some recent updates: a new roof and vinyl siding were installed around 2014, four new water heaters (2024), and the landscaping has been refreshed this year. This home offers ample opportunity to add your finishing touches and unlock its full potential! Conveniently located, this property is just 10 minutes from Northern Illinois University, Kishwaukee College, and DeKalb, and a 15-minute drive to Rochelle and Sycamore. Whether you're looking for a home with income potential or an investment to add to your portfolio, this property offers a unique blend of living space and rental opportunity-live comfortably while your investment works for you!
Closed
$255,000
401 Van Buren St, Malta, IL 60150
8beds
3,695sqft
Single Family Residence
Built in ----
0.38 Acres Lot
$261,100 Zestimate®
$69/sqft
$3,144 Estimated rent
Home value
$261,100
$198,000 - $345,000
$3,144/mo
Zestimate® history
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$1,839/mo
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Est. payment
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Zillow last checked: 7 hours ago
Listing updated: December 11, 2025 at 12:01am
Listing courtesy of:
Elizabeth Metcalf 815-757-4073,
Willow Real Estate, Inc
Bought with:
Abilene Villagran
OnPath Realty Inc
Abilene Villagran
OnPath Realty Inc
Source: MRED as distributed by MLS GRID,MLS#: 12255869
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Primary bedroom
- Features: Flooring (Carpet), Bathroom (Full)
- Level: Main
- Area: 208 Square Feet
- Dimensions: 16X13
Bedroom 2
- Features: Flooring (Carpet)
- Level: Main
- Area: 117 Square Feet
- Dimensions: 9X13
Bedroom 3
- Features: Flooring (Carpet)
- Level: Main
- Area: 126 Square Feet
- Dimensions: 9X14
Bedroom 4
- Features: Flooring (Carpet)
- Level: Second
- Area: 135 Square Feet
- Dimensions: 15X9
Bedroom 5
- Features: Flooring (Carpet)
- Level: Second
- Area: 156 Square Feet
- Dimensions: 12X13
Bedroom 6
- Features: Flooring (Carpet)
- Level: Second
- Area: 140 Square Feet
- Dimensions: 10X14
Other
- Features: Flooring (Carpet)
- Level: Second
- Area: 104 Square Feet
- Dimensions: 8X13
Other
- Features: Flooring (Carpet)
- Level: Second
- Area: 117 Square Feet
- Dimensions: 9X13
Bonus room
- Features: Flooring (Carpet)
- Level: Main
- Area: 84 Square Feet
- Dimensions: 7X12
Dining room
- Features: Flooring (Vinyl)
- Level: Main
- Area: 88 Square Feet
- Dimensions: 11X8
Kitchen
- Features: Flooring (Vinyl)
- Level: Main
- Area: 152 Square Feet
- Dimensions: 8X19
Living room
- Features: Flooring (Carpet)
- Level: Main
- Area: 375 Square Feet
- Dimensions: 15X25
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Included: Range, Microwave, Portable Dishwasher, Refrigerator, Washer, Dryer, Disposal, Multiple Water Heaters
- Laundry: In Unit
Features
- In-Law Floorplan
- Basement: Unfinished,Full
- Attic: Interior Stair
Interior area
- Total structure area: 0
- Total interior livable area: 3,695 sqft
Property
Parking
- Total spaces: 6
- Parking features: Gravel, Garage Door Opener, Garage Owned, Attached, Driveway, Owned, Garage
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: No Disability Access
Features
- Stories: 2
- Fencing: Fenced
Lot
- Size: 0.38 Acres
- Dimensions: 99X165
- Features: Corner Lot
Details
- Additional structures: Shed(s)
- Parcel number: 0723131001
- Special conditions: None
- Other equipment: Water-Softener Owned, Sump Pump, Generator
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Other
- Roof: Asphalt
Condition
- New construction: No
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Malta
Other
Other facts
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 12/9/2025 | Sold | $255,000-13.6%$69/sqft |
Source:  MRED as distributed by MLS GRID #12255869 Report a problem | ||
| 10/29/2025 | Contingent | $295,000$80/sqft |
Source: MRED as distributed by MLS GRID #12255869 Report a problem | ||
| 10/7/2025 | Listed for sale | $295,000-6.1%$80/sqft |
Source: MRED as distributed by MLS GRID #12255869 Report a problem | ||
| 9/25/2025 | Contingent | $314,000$85/sqft |
Source: MRED as distributed by MLS GRID #12255869 Report a problem | ||
| 9/13/2025 | Price change | $314,000-1.6%$85/sqft |
Source: MRED as distributed by MLS GRID #12255869 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,744 -0.7% | $72,570 +13.6% |
| 2023 | $5,786 +24.5% | $63,882 +10% |
| 2022 | $4,649 -2.3% | $58,075 +5.1% |
Find assessor info on the county website
Neighborhood: 60150
Nearby schools
GreatSchools rating
- 2/10Malta Elementary SchoolGrades: K-5Distance: 0.7 mi
- 3/10Huntley Middle SchoolGrades: 6-8Distance: 5.7 mi
- 3/10De Kalb High SchoolGrades: 9-12Distance: 5.4 mi
Schools provided by the listing agent
- Elementary: Malta Elementary School
- District: 428
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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Estimated market value
$261,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$261,100
- Illinois
- DeKalb County
- Malta
- 60150
- 401 Van Buren St