406 N 3rd St
Malta, IL 60150
- 4 Beds
- 3 Baths
4 Beds
3 Baths
(on 0.45 acres)
Local Information
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Description
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!
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from April 17, 2025
Home Highlights
Parking
4 Parking Spaces
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
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 |
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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 |
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 |
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.Assigned Schools
These are the assigned schools for 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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Apartments for Rent
Homes for sale near 406 N 3rd St
Off Market Homes Near 406 N 3rd St

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
Homes for rent near 406 N 3rd St
406 N 3rd St, Malta, IL 60150 is a 4 bedroom, 3 bathroom multi-family. This property is not currently available for sale. 406 N 3rd St was last sold on Apr 15, 2025 for $178,900 (6% lower than the asking price of $189,900). The current Trulia Estimate for 406 N 3rd St is $189,900.

