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Multi Family 5+ · Deland, IL
$315,000
beds · baths
325 W South 3rd Street, Deland, IL, 61839
A brick-and-mortar place to make your own — room to make it home.
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What’s special

A rare opportunity to own a piece of local history! Why settle for a standard apartment complex when you can own a local landmark? This stunning schoolhouse has been completely reimagined, blending early 20th-century architecture with modern residential comforts. Currently, the building features five units. These aren't your typical rentals; they boast the "cool factor" that modern tenants crave. Massive Windows: Flooding rooms with natural light. Original Details: high ceilings, exposed brick, and wide hallways. These units are ready to lease, but the true upside lies in the unfinished wing. With thousands of square feet of additional raw space, the layout easily accommodates 6 to 8 more units, or even an event space in the old gym. The possibilities are endless! You can nearly double your door count without the cost of a ground-up build, not to mention the property is built to a standard of durability rarely seen today. Opportunities of this scale and character are rare. Whether you are looking to expand your portfolio or create a homestead, this schoolhouse is ready for its next chapter.
— the listing agent’s description

The home

Built in 1909
Lot 331 x 325
Multi Family 5+

What it’ll cost

$751 taxes / yr
No HOA
13 days on dwello

Estimated monthly payment

$1,830/mo
Principal & interest$1,675
Property taxes$63
Homeowners insurance$92
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Tour this home

In person, on your schedule — a dwello agent meets you there.
WED
Jun 3
THU
Jun 4
FRI
Jun 5
SAT
Jun 6
11:00 am
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13 days on dwello
Price history
Listed for sale
Apr 16, 2026
$315,000
Property taxes
2025
Annual tax bill (MLS)
$751/yr
From county records — verify with the assessor.

Features

Heat PumpBrickSeptic Tank
Neighborhood
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Nearby places via OpenStreetMap — approximate; verify what matters to you. Map © Mapbox © OpenStreetMap.
MLS listing dataMRED
Listed by Mark Waldhoff · KELLER WILLIAMS-TREC
Listing last updated May 13, 2026 · data refreshed from the MLS Jun 17, 2026, 6:17 PM CT
Based on information submitted to the MLS GRID as of Jun 17, 2026, 6:17 PM CT. Listing data © MRED LLC, distributed by MLS GRID — deemed reliable but not guaranteed; independently verify. Anything shown below this point is not MLS listing data.
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