Off Market Apr 2017 for $80K

$368,631

Est. refi paymentEst. refi $562/mo

•

4 ba

•

—

sq ft

623 Reed St, Beecher, IL 60401

About this home

Great investment opportunity! Located on extra large lot in historic downtown Beecher, this four unit building is completely rented! Every unit has large closets, a deck, interior and exterior stairways. Units are currently maintained by a licensed management company. Two newer furnaces! Large garage is also rented for extra income. Property also comes with buildable lot right near the Depot. Great price. Don't miss this investment

Multi-familyProperty Type

1929Year Built

7,405 sq ftLot Size

2 spacesParking

Listed by Althea Machtemes • McColly Real Estate

Bought with Sue Teske • Coldwell Banker Realty

Redfin checked: 2 minutes ago

•Source:MRED as Distributed by MLS Grid #09334457

Redfin Estimate

$368,631

$289K since sold in April 2017$16K since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 15.1% higher than the average sale price ($320K) of 6 comparable homes.

SOLD MAR 6, 2026
$340,000
A
3 beds2.5 baths2,000 sq ft
618 Woodward St, Beecher, IL 60401
BOUGHT WITH REDFIN AUG 6, 2026
$324,900
B
4 beds2 baths1,683 sq ft
622 Woodward St, Beecher, IL 60401
SOLD MAY 15, 2026
$395,000
C
4 beds2.5 baths2,400 sq ft
257 Pine St, Beecher, IL 60401
SOLD MAY 22, 2026
$213,500
D
5 beds2 baths2,200 sq ft
26841 S Linden Ln, Crete, IL 60417
SOLD JUL 10, 2026
$390,000
E
4 beds2.5 baths2,430 sq ft
1398 Clifton Ave, Beecher, IL 60401
SOLD MAY 26, 2026
$258,000
F
4 beds1.5 baths1,651 sq ft
639 Dunbar St, Beecher, IL 60401

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Sell

$298,990

Est. take-home

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Est. cash available

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Market trends in 60401, IL

Last updated July 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

98.7%

+0.1% MoM

Median sale price

$351K

$21K MoM

Avg. days on market

92d

41 days MoM

Recently sold homes

1 MoM

New listings for sale

NEW
$45,000
3 beds2 baths— sq ft
192 Whipporwill Dr, Beecher, IL 60401
$29,900
2 beds2 baths— sq ft
124 Flamingo Dr Unit 124flam, Beecher, IL 60401
$370,000
4 beds3 baths2,650 sq ft
1541 Mallards Cv, Beecher, IL 60401
$315,000
3 beds2 baths1,800 sq ft
642 Country Ln, Beecher, IL 60401
$20,000
2 beds2 baths— sq ft
141 Flamingo Dr, Beecher, IL 60401
$400,000
3 beds3 baths1,610 sq ft
30640 S Ashland Ave, Beecher, IL 60401
See all

Provided by Redfin

Sale history for 623 Reed St

Date

Event

Price

MRED as Distributed by MLS Grid #09334457

Apr 11, 2017

Sold (MLS) (Closed Sale)

$80,000

Mar 16, 2017

Pending

—

Mar 2, 2017

Relisted (Back On Market)

—

Feb 28, 2017

Listing Removed

—

Sep 6, 2016

Listed (New)

$97,500

MRED as Distributed by MLS Grid #08984418

Nov 10, 2015

Listing Removed

—

Aug 15, 2015

Price Changed

Jul 16, 2015

Listed (New)

MRED as Distributed by MLS Grid #08756985

Jul 14, 2015

Listing Removed

—

Oct 20, 2014

Listed (New)

MRED as Distributed by MLS Grid #08586247

Oct 3, 2014

Listing Removed

—

Apr 15, 2014

Listed (New)

Public Records

Aug 21, 2013

Sold

$85,000

MRED as Distributed by MLS Grid #08183706

Jul 17, 2013

Sold (MLS) (Closed Sale)

$85,000

Jul 12, 2013

Pending

—

Feb 20, 2013

Contingent

—

Feb 7, 2013

Price Changed (Price Change)

$95,000

Jan 30, 2013

Price Changed (Price Change)

$110,000

Jan 24, 2013

Price Changed (Price Change)

$162,500

Oct 19, 2012

Listed (New)

$175,000

MRED as Distributed by MLS Grid #07417098

Jun 16, 2010

Listing Removed

—

Jan 15, 2010

Listed (New)

MRED as Distributed by MLS Grid #07260937

Dec 3, 2009

Listing Removed

—

Jul 2, 2009

Listed (New)

MRED as Distributed by MLS Grid #07097014

May 23, 2009

Listing Removed

—

Dec 23, 2008

Listed

MRED as Distributed by MLS Grid #06839786

Sep 24, 2008

Listing Removed

—

Mar 25, 2008

Listed

MRED as Distributed by MLS Grid #06839812

Sep 24, 2008

Listing Removed

—

Mar 25, 2008

Listed

MRED as Distributed by MLS Grid #06655749

Mar 1, 2008

Listing Removed

—

Aug 29, 2007

Listed

MRED as Distributed by MLS Grid #06626600

Nov 1, 2007

Listing Removed

—

Aug 1, 2007

Listed

MRED as Distributed by MLS Grid #06528390

Aug 25, 2007

Listing Removed

—

May 25, 2007

Listed

MRED as Distributed by MLS Grid #06362493

May 19, 2007

Listing Removed

—

Dec 20, 2006

Listed

Public Records

Jun 28, 2004

Sold

$214,500

Public Records

May 7, 1997

Sold

$142,000

Public Records

Dec 22, 1992

Sold

$143,500

Public Records

Feb 1, 1988

Sold

$38,000

Year

Property tax

Land + Additions

Assessment*

2024

$9,565 (+3.7%)

$19,513 + $81,644

$101,157

2023

$9,223 (+16.0%)

$17,895 + $74,875

$92,770

2022

$7,953 (−4.8%)

$17,895 + $74,875

$92,770

2021

$8,354 (+2.5%)

$16,585 + $69,393

$85,978

2020

$8,152 (+3.7%)

$15,464 + $64,702

$80,166

2019

$7,858 (+2.1%)

$14,537 + $60,822

$75,359

2018

$7,698 (+2.1%)

$13,650 + $57,110

$70,760

2017

$7,542 (−0.2%)

$13,178 + $55,136

$68,314

2015

$7,557 (+3.3%)

$13,178 + $55,136

$68,314

2013

$7,317 (−1.9%)

$13,753 + $57,538

$71,291

2012

$7,460 (+1.3%)

$14,631 + $61,211

$75,842

2011

$7,367 (+6.0%)

$15,683 + $65,614

$81,297

2010

$6,947 (+3.3%)

$15,882 + $66,445

$82,327

2008

$6,726 (+3.7%)

$16,107 + $67,388

$83,495

2007

$6,489

$16,107 + $67,388

$83,495

Tax history for 623 Reed St

Year

Property tax

Land + Additions

Assessment*

2024

$9,565 (+3.7%)

$19,513 + $81,644

$101,157

2023

$9,223 (+16.0%)

$17,895 + $74,875

$92,770

2022

$7,953 (−4.8%)

$17,895 + $74,875

$92,770

2021

$8,354 (+2.5%)

$16,585 + $69,393

$85,978

2020

$8,152 (+3.7%)

$15,464 + $64,702

$80,166

2019

$7,858 (+2.1%)

$14,537 + $60,822

$75,359

2018

$7,698 (+2.1%)

$13,650 + $57,110

$70,760

2017

$7,542 (−0.2%)

$13,178 + $55,136

$68,314

2015

$7,557 (+3.3%)

$13,178 + $55,136

$68,314

2013

$7,317 (−1.9%)

$13,753 + $57,538

$71,291

2012

$7,460 (+1.3%)

$14,631 + $61,211

$75,842

2011

$7,367 (+6.0%)

$15,683 + $65,614

$81,297

2010

$6,947 (+3.3%)

$15,882 + $66,445

$82,327

2008

$6,726 (+3.7%)

$16,107 + $67,388

$83,495

2007

$6,489

$16,107 + $67,388

$83,495

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

7,500 Sq. Ft.

Year renovated

—

Sq. Ft.

2,224

Year built

1895

Style

Other

County

Will County

APN

2222163070320000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 2, 2026.

B-1

Historic Downtown Business District

The Historic Downtown Business District as delineated on the Zoning District Map includes the older and original business area of the Village. The district will provide for the retail business which is needed to serve the day-to-day and general shopping needs of adjacent residential neighborhoods.

Permitted uses

Include but are not limited to:

Bank
Laundromat
General retail
Retail-Grocery
Restaurant
Hospital / medical center
Office
Educational/school
Library

Property details

Parking

Parking Information
# of Cars: 2
# of Garage Spaces: 2
Garage Parking
Detached Garage
Garage On-Site
Owned Garage

Interior

Bedroom Information
# of Bedrooms: 6
# of Bedrooms (Above Grade): 6

Bathroom Information
# of Baths (Full): 4

Additional Rooms Information
Full Basement
Unfinished Basement, Exterior Access to Basement

Heating & Cooling
Gas Heating

Exterior

Building Information
# of Units: 4
Built Before 1978
Age: 81-90 Years
Frame Exterior

Lot Information
Dimensions: 100X150
.25-.49 Acre
Zoning: MULTI

Property Information
# of Rooms: 14
Ownership: Fee Simple
Parcel Identification Number: 2222163070320000

Financial

Financial Information
Tax: $7,558
Tax Year: 2015
Special Service Area: N
Finance Code: Cash

Utilities

Utility Information
Water: Public
Sewer (Public)

Location

Unit 1 Information
# of Rooms: 4
# of Beds: 2
# of Baths (Full): 1
Floor #: 1
Stove, Refrigerator
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Rent: $720
Security Deposit: $695
Lease Expiration Date: 04/15

Unit 2 Information
# of Rooms: 3
# of Beds: 1
# of Baths (Full): 1
Floor #: 1
Stove, Refrigerator
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Rent: $375
Security Deposit: $475
Lease Expiration Date: 08/15

Unit 3 Information
# of Rooms: 4
# of Beds: 2
# of Baths (Full): 1
Floor #: 2
Stove, Refrigerator
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Rent: $650
Security Deposit: $650
Lease Expiration Date: MO/MO

Unit 4 Information
# of Rooms: 3
# of Beds: 1
# of Baths (Full): 1
Floor #: 2
Stove, Refrigerator
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Rent: $650
Security Deposit: $650
Lease Expiration Date: MO/MO

School Information
Elementary School District: 200U
Junior High District: 200U
High School District: 200U

Location Information
Township: WASHINGTON
Corporate Limits: BEECHER
Directions: RT 1 to Penfield West to Reed N to building

Public facts

Beds: —
Baths: —
Sq. Ft.: 2,224
Stories: —
Lot Size: 7,500 square feet
Style: Other
Year Built: 1895
Year Renovated: —
County: Will County
APN: 2222163070320000

Home facts updated by county records on Jul 2, 2026

Other

Listing Information
Possession: Tenant's Rights
Holds Earnest Money: Yes
Seller Concessions: No

Around this home

Schools

Beecher Elementary School

Public PreK-5 • Assigned • 0.2mi

8/10

Beecher Junior High School

Public 6-8 • Assigned • 1.4mi

8/10

Beecher High School

Public 9-12 • Assigned • 0.4mi

7/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 101° expected this year, 16 days in 30 years

2/10 Wind Factor

0% chance of strong winds in next 30 years

3/10 Air Factor

2 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Beecher, IL • 60401

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap

Estimated sale price

$351,000 – $424,000

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4 beds1.5 baths3,880 sq ft

605 Reed St, Beecher, IL 60401

New listings for sale in 60401

NEW

$45,000

3 beds2 baths— sq ft

192 Whipporwill Dr, Beecher, IL 60401

$29,900

2 beds2 baths— sq ft

124 Flamingo Dr Unit 124flam, Beecher, IL 60401

$370,000

4 beds3 baths2,650 sq ft

1541 Mallards Cv, Beecher, IL 60401

$315,000

3 beds2 baths1,800 sq ft

642 Country Ln, Beecher, IL 60401

$20,000

2 beds2 baths— sq ft

141 Flamingo Dr, Beecher, IL 60401

$400,000

3 beds3 baths1,610 sq ft

30640 S Ashland Ave, Beecher, IL 60401

Home values near 623 Reed St

Data from public records.

Address	Redfin Estimate
643 Reed St, Beecher, IL 5 Beds \| 2 Baths \| - Sq. Ft.	$251,710
638 Woodward St, Beecher, IL 3 Beds \| 1 Baths \| 966 Sq. Ft.	$210,946

Address	Redfin Estimate
633 Reed St, Beecher, IL 3 Beds \| 1.5 Baths \| 1100 Sq. Ft.	$216,558
622 Woodward St, Beecher, IL 4 Beds \| 2 Baths \| 1683 Sq. Ft.	$328,999

Address	Redfin Estimate
605 Reed St, Beecher, IL 4 Beds \| 1.5 Baths \| 3880 Sq. Ft.	$291,963
619 Woodward St, Beecher, IL 3 Beds \| 2 Baths \| 1850 Sq. Ft.	$316,728

Property information provided by MRED as Distributed by MLS Grid when last listed in 2016. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 60401, IL

Sale history for 623 Reed St

Tax history for 623 Reed St

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 60401

Home values near 623 Reed St

More real estate resources