406 N  3rd St, Malta, IL 60150
Property image
Property image
OFF MARKET

$198,100

Trulia Estimate
  • 4 Beds
  • 3 Baths

406 N 3rd St, Malta, IL 60150

Est. Refi. Payment $1,494/mo*
Refinance Your Home
Currently Off Market - Sold Apr 15, 2025 for $178,900

Home Value

Trulia Estimate
$198K
Since last month
Increased$6K (+3%)
Since last year
Increased$16K (+8.9%)
Since last sale
Increased$20K (+11.1%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +167% in the last 10 years
MonthEstimated value
2026
August 2026$199K
August 2026$199K
July 2026$193K
June 2026$191K
May 2026$190K
April 2026$193K
March 2026$192K
February 2026$192K
January 2026$193K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
3.97
Multi-Family Home
$230,000
12/23/25
3
1.5
1,470
4.10
Multi-Family Home
$235,000
09/19/25
3
3.5
1,550
4.93
Multi-Family Home
$325,000
10/06/25
6
3
-

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.05
$260,000
4
1.5
1,300
Recently Sold
0.11
$173,600
2
1
832
Off Market
0.16
$255,000
8
4
3,695
Recently Sold
0.14
$159,800
3
1
1,900
Off Market
0.16
$266,200
5
2
2,320
Off Market
0.19
$218,800
2
2
1,218
Off Market
0.21
$218,000
3
1
1,350
Off Market
0.21
$300,500
3
2
1,448
Off Market
0.22
$286,500
3
2
1,800
Off Market
0.23
$302,900
4
1.5
2,100
Recently Sold
0.29
$217,800
2
1
1,000
Off Market

Local Information

  • Map ViewExplore the area around 406 N 3rd St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
0.45 acre lot
4 Parking Spaces

About this House

Check out this prime 3-unit investment in Malta that offers an excellent opportunity for steady rental income! Situated on a spacious double lot under one PIN number, the building features separate entrances, utilities, and ample living space for each tenant. Recent updates to the property include a new roof and gutters (2019), newer carpet in Unit 3 (2022), updated windows, electrical service, and two new water heaters, as well as a new fridge, front door, and foundation repairs. In 2024, additional improvements were made with the replacement of the front stairs and the installation of new soffit and fascia. The property also offers plenty of off-street parking, a fenced in area for dogs, & a large backyard with plenty of privacy! This property is conveniently located near DeKalb & Northern Illinois University, making it ideal for student or faculty housing. With easy access to Route 38 and I-88, residents can quickly reach surrounding areas like Sycamore and Cortland. Additionally, it's close to the Shabbona Lake State Park, schools, healthcare centers, and has everything you need with a touch of country living! Schedule a showing today!
406 N 3rd St, Malta, IL 60150 is a 4 bedroom, 3 bathroom multi-family. It last sold for $178,900 on Apr 15, 2025 (6% below the $189,900 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $198,100, with a rent estimate of $1,362/month.
Last check for updates: about 3 hours ago
Listed by Bryan Bartholomew, (630) 779-3963
iHome Real Estate
Bought with: Sherry Murphy, (815) 761-4554, Hayden Real Estate, Inc.
Source: MRED as distributed by MLS GRID, MLS#12273690

Home Details for 406 N 3rd St

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Unfinished,PartialNumber of Rooms: 11
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 3Number of Bathrooms (full): 3
Heating & Cooling
Heating: Natural GasHas HeatingHeating Fuel: Natural Gas
View
No View

Exterior Features

Exterior Home Features
Roof: Asphalt
Parking & Garage
No Attached GarageParking Spaces: 4Parking: On Site,Owned
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: Aluminum SidingNot a New ConstructionNo Additional Parcels
Property Information
Parcel Number: 0723108005

Price & Status

Price
List Price: $189,900
Status Change & Dates
Off Market Date: Wed Mar 26 2025Possession Timing: Close Of Escrow

Location

Direction & Address
City: Malta
School Information
Elementary School District: 428Jr High / Middle School District: 428High School District: 428

Lot Information

Lot Area: 0.45 acres

Listing Info

Special Conditions: None

Offer

Listing Terms: Cash

Business

Business Information
Ownership: Fee Simple

Miscellaneous

BasementMls Number: 12273690

Additional Information

Source Internet Entire Listing DisplayMRD REMARKSINTERNET: YesSource Internet Address Display

Price and Tax history

DateEventPrice
Apr 15, 2025
Source: MRED as distributed by MLS GRID #12273690
Sold
$178,900
Mar 27, 2025
Source: MRED as distributed by MLS GRID #12273690
Contingent
$189,900
Mar 7, 2025
Source: MRED as distributed by MLS GRID #12273690
PriceChange
$189,900
Price decreased by 9%
Feb 23, 2025
Source: MRED as distributed by MLS GRID #12273690
PriceChange
$209,400
Price decreased by 5%
Feb 7, 2025
Source: MRED as distributed by MLS GRID #12273690
PriceChange
$219,400
Price decreased by 0%

Market trends in Malta

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings

What Locals Say about Malta

At least 9 Trulia users voted on each feature.
  • 100 % Say parking is easy

  • 91 % Say yards are well-kept

  • 89 % Say it's dog friendly

  • 86 % Say there's holiday spirit

  • 85 % Say people would walk alone at night

  • 83 % Say kids play outside

  • 80 % Say car is needed

  • 79 % Say it's walkable to restaurants

  • 60 % Say neighbors are friendly

  • 54 % Say there's wildlife

  • 46 % Say there are community events

  • 44 % Say there are sidewalks

  • 42 % Say they plan to stay for at least 5 years

  • 36 % Say it's quiet

  • 31 % Say streets are well-lit

Sourced by Trulia users. Learn more about our methodology.
  • Kristen Beyer
    "Small, friendly & safe "

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026. 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. Click here for more information

Frequently asked questions about 406 N 3rd St

  • What is 406 N 3rd St estimated to be worth?
    Trulia's estimated value for 406 N 3rd St in Malta, IL is $198,100.
  • What is the price history for 406 N 3rd St?
    406 N 3rd St in Malta, IL last sold for $178,900 in April 2025.
  • Is Malta a buyer's or seller's market?
    Malta is currently a seller's market, based on recent for-sale activity.
  • What do residents say about Malta?
    Residents describe Malta, IL as easy to park in, well-kept, and dog-friendly. Most residents say you need a car. See recently sold homes in Malta, IL.
  • Does 406 N 3rd St have parking?
    Yes, 406 N 3rd St in Malta, IL has on-site parking.

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