406 N 3rd St
Malta, IL 60150
4 Beds
3 Baths
4 Beds
3 Baths
(on 0.45 acres)
Local Information
- Map ViewExplore the area around 406 N 3rd St.
- Schools1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
Home Highlights
Property Type
Multi-Family
Lot Size
0.45 acres
Parking
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). It is currently off market. The Trulia Estimate is $192,200, with a rent estimate of $1,361/month.
Home Details for 406 N 3rd St
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MLS Status: Closed |
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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 |
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Exterior Home Features Roof: Asphalt |
Parking & Garage No Attached GarageParking Spaces: 4Parking: On Site,Owned |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
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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 |
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Price List Price: $189,900 |
Status Change & Dates Off Market Date: Wed Mar 26 2025Possession Timing: Close Of Escrow |
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Direction & Address City: Malta |
School Information Elementary School District: 428Jr High / Middle School District: 428High School District: 428 |
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Lot Area: 0.45 acres |
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Special Conditions: None |
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Listing Terms: Cash |
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Business Information Ownership: Fee Simple |
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BasementMls Number: 12273690 |
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Source Internet Entire Listing DisplayMRD REMARKSINTERNET: YesSource Internet Address Display |
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
Price History for 406 N 3rd St
| Date | Price | Event | Source |
|---|---|---|---|
| 04/15/2025 | $178,900 | Sold | MRED as distributed by MLS GRID #12273690 |
| 03/27/2025 | $189,900 | Contingent | MRED as distributed by MLS GRID #12273690 |
| 03/07/2025 | $189,900 | PriceChange | MRED as distributed by MLS GRID #12273690 |
| 02/23/2025 | $209,400 | PriceChange | MRED as distributed by MLS GRID #12273690 |
| 02/07/2025 | $219,400 | PriceChange | MRED as distributed by MLS GRID #12273690 |
| 01/20/2025 | $219,900 | Listed For Sale | MRED as distributed by MLS GRID #12273690 |
| 08/05/2019 | $77,000 | Sold | MRED as distributed by MLS GRID #10430318 |
| 06/28/2019 | $86,000 | Pending | Agent Provided |
| 06/26/2019 | $86,000 | Listed For Sale | Agent Provided |
| 09/01/2017 | $78,000 | ListingRemoved | Agent Provided |
| 02/13/2017 | $78,000 | Listed For Sale | Agent Provided |
| 09/10/2016 | $78,900 | ListingRemoved | Agent Provided |
| 05/17/2016 | $78,900 | Listed For Sale | Agent Provided |
Market trends in Malta
Last updated June 2026
Avg. sale price
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Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | $3,064 |
| Assessment | $116,139 |
Home facts updated by county records
Comparable Sales for 406 N 3rd St
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 homes
Get a sense of prices in the area by checking nearby homes.
OFF MARKETWeichert REALTORS Signature Professionals, Closed
SOLDDEC 9, 2025Willow Real Estate, Inc, Closed
OFF MARKETBearrows Real Estate & Auction Co, Closed
OFF MARKETNorthern Illinois Realty LLC, Closed
OFF MARKETPremier Property Group of IL, Closed
OFF MARKETHometown Realty Group, Closed
OFF MARKETWeichert REALTORS Signature Professionals, Closed
OFF MARKETKey Realty Inc., Closed
Assigned Schools
These are the assigned schools for 406 N 3rd St.
- De Kalb High School
- 9-12
- Public
- 1995 Students
3/10GreatSchools RatingParent Rating AverageAwful. This school praises kids from mediocrity and does little to award actual accomplishment. I am glad that Covid-19 has allowed me to learn on my own for the most part for the second half of my junior year.Student Review6y ago - Huntley Middle School
- 6-8
- Public
- 853 Students
3/10GreatSchools RatingParent Rating AverageI'm a student here in huntley. This School has its ups and downs. the teachers are mostly nice, there are some Ok teachers but, other than that this is a pretty good school. they have this thing called web leaders. where 8th graders help 6th graders learn what middle school is about. they have a decent amount of clubs. the students aren't very nice to the teachers tho. for example, if a student is on their phone during class and a teacher tells them to put it away. The student will either talk back and get sent to the office, or Put it away and Whispers some questionable things under their breath. they have great field trips. and i believe the education here too. They food is not that great. they have the same food everyday, with one extra meal that's different every day. The meals are always chicken patties and nachos. The only good meal is the biscotti sticks. Anyway, they have big tests for high school and prep you well. i recommend, but, there are lots of fights, not like everyday, but yea, 1 to 2 per week. That i know of. and i also don't see any bullying and if i did, i would either top it, or they would stand up for themselves. But overall i give this a 3-4 star school.Student Review3y ago - Malta Elementary School
- K-5
- Public
- 289 Students
2/10GreatSchools RatingParent Rating AverageMalta had a serious problem with racism my sons teacher and classmates were saying resist slurs which offended myself and my child they also had bad buss drivers which crashed once.My kid kept getting bullied and the teachers did nothing about the issue and the teachers thought the bullying was amusing.Also the teachers were sexiest to boys.I VARRY HIGHLY DO NOT RECOMMEND THIS SCHOOL FOR YOUR CHILD AND HIS OR HERS SAFETY!Parent Review1y ago 
Check out schools near 406 N 3rd St.
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.
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Homes for sale near 406 N 3rd St
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Off Market Homes Near 406 N 3rd St
SOLDJUL 7, 2026
SOLDJUN 12, 2026
SOLDMAY 11, 2026HomeSmart Connect LLC, Closed
SOLDAPR 17, 2026Lake Holiday Homes, Inc, Closed- SOLDAPR 6, 2026
- SOLDMAR 27, 2026
SOLDMAR 26, 2026Coldwell Banker Real Estate Group, Closed- SOLDJAN 14, 2026
See more homes for sale inMalta
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