Unique Two-Parcel Investment & Rehabilitation Opportunity in Malta! Bring your vision to this spacious 2,420-square-foot, two-story residence, offered together with the adjoining parcel at 401 E. Adams Street. The property features three existing apartment-style living areas, each configured with two bedrooms, a kitchen, living room, and bathroom. Historically used for extended-family living, the flexible layout offers potential for restoration, multigenerational use, or future conversion, subject to municipal approval. The adjoining parcel includes a substantial detached garage and additional outdoor space. This property requires extensive rehabilitation and offers an opportunity for investors, contractors, and buyers ready to undertake a major renovation. Both parcels are included in one sale and offered strictly AS-IS, with remaining contents and cleanout to be addressed in the purchase agreement. Square footage is based on a prior appraisal. Legal three-unit occupancy has not been established. Buyers are responsible for verifying property condition, measurements, permitted uses, and renovation feasibility.
Welcome to 914 Water Stone Way in Malta's Prairie Springs community! This professionally decorated, former builder model offers approximately 1,990 square feet with 4 bedrooms, 2.5 bathrooms, a versatile second-floor loft, full basement, and attached 2-car garage. The open-concept main level is designed for daily living AND entertaining, featuring a spacious family room that flows seamlessly into the dining area and kitchen. Upstairs, the private owner's suite offers a walk-in closet and ensuite bathroom. Three additional bedrooms, a full hall bath, convenient second-floor laundry, and a spacious loft provide plenty of flexibility for a home office, playroom, study area, or additional living space. The full basement offers excellent storage and plenty of potential for future finished living space. Located in Prairie Springs in Malta and served by DeKalb Community Unit School District 428, including Malta Elementary, Huntley Middle School, and DeKalb High School. With four bedrooms, flexible living spaces, a full basement, and nearly 2,000 square feet, 914 Water Stone Way offers new construction benefits without the wait...Schedule your showing today!
Enjoy beautiful pond views from not only the back yard of this spacious three-bedroom home but also from the living room/ dining room and primary bedroom! The main level features a primary bedroom with convenient Jack-and-Jill access to the full bath from both the bedroom and hallway, plus a separate half bath off the foyer for guests. The kitchen offers an abundance of cabinet space, and the dining room opens to the lovely backyard through sliding glass doors. The primary bedroom boasts an entire wall of closet space. The full basement is ready for your finishing touches, with a half bath already installed. Additional features include a radon mitigation system installed during a previous purchase and a recently serviced furnace. The oven and microwave in kitchen are not operable. The garage overhead door is not operable but seller is obtaining quotes to hopefully repair (garage door only, not appliances) prior to close and will update this information by Aug 11. While the seller is unable to make repairs, they are willing to consider reasonable repair credits with an acceptable offer. Just a few cosmetic updates will make this home truly shine! The neighborhood of Prairie Springs includes a wonderful park/ playground, STOCKED POND and bike/paved path to enjoy sunrises and sunsets.. STUNNING
Enjoy beautiful pond views from not only the back yard of this spacious three-bedroom home but also from the living room/ dining room and primary bedroom! The main level features a primary bedroom with convenient Jack-and-Jill access to the full bath from both the bedroom and hallway, plus a separate half bath off the foyer for guests. The kitchen offers an abundance of cabinet space, and the dining room opens to the lovely backyard through sliding glass doors. The primary bedroom boasts an entire wall of closet space. The full basement is ready for your finishing touches, with a half bath already installed. Additional features include a radon mitigation system installed during a previous purchase and a recently serviced furnace. The oven and microwave in kitchen are not operable. The garage overhead door is not operable but seller is obtaining quotes to hopefully repair (garage door only, not appliances) prior to close and will update this information by Aug 11. While the seller is unable to make repairs, they are willing to consider reasonable repair credits with an acceptable offer. Just a few cosmetic updates will make this home truly shine! The neighborhood of Prairie Springs includes a wonderful park/ playground, STOCKED POND and bike/paved path to enjoy sunrises and sunsets.. STUNNING

Malta is located in Illinois. Malta, Illinois has a population of 1,491. Malta is more family-centric than the surrounding county with 38.16% of the households containing married families with children. The county average for households married with children is 31.37%.
The median household income in Malta, Illinois is $73,047. The median household income for the surrounding county is $64,019 compared to the national median of $69,021. The median age of people living in Malta is 36.3 years.
The average high temperature in July is 82.6 degrees, with an average low temperature in January of 12.1 degrees. The average rainfall is approximately 36.7 inches per year, with 28.4 inches of snow per year.