About This Home

This 3-bedroom, 2-bathroom single family at 1720 5th Street in Madison, IL is listed for $145,000 ($100 per sqft). Built in 1926, the home offers 1,456 sqft of living space on a 0.16 acres lot.

Key Features

  • Built in 1926
  • 0.16 acre lot
  • 2 stories

Property Details

2 stories
2 full
2-car garage
1926

Amenities

A/C
Listing Description

Unique opportunity with a vacant rear house! This property offers the flexibility of a charming 2-story main home plus a separate 1-bedroom, 1-bath rear house. Whether you're an investor looking for potential rental income or a homeowner wanting additional space, this property offers plenty of possibilities.

The main level welcomes you through the foyer and features a spacious living room with large windows, a separate dining room, and a kitchen with ample cabinetry and workspace. Upstairs, you'll find three bedrooms, including a primary bedroom, along with a full bathroom.

The unfinished basement provides additional storage and usable space with plenty of potential for future improvements. The separate rear house adds even more flexibility. the 1-bedroom, 1-bath space could potentially be used as a guest suite, additional living space, or rental opportunity, making this property particularly attractive to investors and buyers looking for added value.

Need TLC, but with the right hands, vision, and some updating, this property has the potential to become a beautiful home and/or income-producing property. Seller selling the property AS-IS.

Monthly Cost Estimate

$775/mo

20% down · 6.5% · 30 years

Principal$105
Interest$628
Insurance$42

Estimates only. Actual payments may vary.

Location

1720 5th Street

Madison, IL 62060

Addition 02/Madison

Property Details

Construction

Frame

Heating

Electric (Heating)

Cooling

Central Air

Questions & Answers

This 3-bedroom, 2-bathroom single family at 1720 5th Street is listed at $145,000 ($100/sqft). The estimated monthly payment is $775 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1926, 0.16 acre lot, 2 stories.

This property is listed by Latoya Lancaster.

LL

Latoya Lancaster

Agent at Keller Williams Marquee

Listed by Keller Williams Marquee · Broker phone: (618) 307-5616 · View on Broker Site · Broker website

MLS# 26061379· Source: Mid America Regional Information Systems, Inc.· 1 day on PropertySimple

Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1720 5th Street, Madison, IL 62060

Open this listing in: