Courtesy: Green Street Realty
217-356-8750
Excellent investment opportunity in the heart of Philo! This income-producing property offers over 2,000 square feet and has been successfully operated as a duplex for many years. Currently configured as two 2-bedroom, 1-bath units, the home also offers the potential to be converted back into a single-family residence by reopening the interior staircase to the second floor. The upper unit, accessed by a private exterior staircase, features updated paint, an updated bathroom, and an updated kitchen area, while the spacious main-level unit is occupied by long-term tenants. A shared laundry area is located in the basement, and both residential leases extend through April 2027, providing immediate rental income. Additional income is generated by a detached 3-car garage and a separate 1-car garage, both currently leased as storage units. The property features an updated septic system with city water service, a roof replaced by the current owner, separately metered electric service, shared water and gas that are billed back to the tenants, a large welcoming front porch, rear tenant parking, and a common outdoor area perfect for relaxing or grilling. Being sold as is, this handyman special offers outstanding investment potential with multiple possibilities in a desirable small-town community.
Courtesy: KELLER WILLIAMS-TREC
217-356-6100
What a great opportunity to own 5 picturesque country acres just south of Philo in the highly sought-after Unit 7 School District. This property offers the ultimate canvas for horse enthusiasts, hobbyists, mechanics, or anyone searching for the perfect blend of rural freedom and elite functional space.The standout feature of this property is the incredible collection of four distinct outbuildings. An Amish-built shed features office space - perfect for a home business or studio - on one side, with a storage area on the other. Nearby sits a 30' by 62' detached garage facility capable of comfortably housing 4 to 6 vehicles. For animal lovers, the dedicated 42' by 42' horse barn includes two stalls and attaches directly to two separate fenced-in areas for horses to safely roam. Rounding out the buildings is a 64' by 69' machine shed and workshop built on a solid concrete pad, outfitted with a large overhead door ideal for heavy equipment or big projects.The spacious 3-bedroom, 2-bathroom manufactured home provides an excellent footprint to update and customize to your exact tastes. The layout features separate living and family rooms, a separate dining area, and a kitchen with table space. The primary suite includes a walk-in closet along with a full bathroom featuring a tub and stand-up shower. Enjoy quiet country evenings on the screened-in porch overlooking your expansive backyard.Whether you want to restore the existing home or utilize this prime 5-acre lot to build your dream home down the road, this location and infrastructure cannot be matched.
Courtesy: KELLER WILLIAMS-TREC-MONT
217-210-4944
Welcome home to this well-maintained 3-bedroom ranch offering comfortable living and plenty of space both inside and out! Situated on a spacious lot, this property features an oversized 2-car garage, a fenced backyard, and a garden shed for additional storage. Inside, you'll find a spacious living room, an open-concept kitchen and dining area perfect for gathering, a second living space and a screened in porch. Numerous interior updates have been completed within the last six years, creating a move-in-ready home with modern appeal. Whether you're entertaining guests or enjoying a quiet evening at home, this property offers the space and functionality you've been looking for.
Courtesy: Coldwell Banker R.E. Group
217-351-1988
Welcome to this well-maintained brick ranch in the charming community of Philo. This home features a newer metal roof, new siding, updated windows, furnace, and central A/C, offering comfort and peace of mind for years to come. Situated on a generous half-acre lot in the highly sought-after Unit 7 School District, the property provides plenty of space to enjoy both indoors and out. Tucked away on a quiet cul-de-sac, you'll appreciate the peaceful setting while still being just a short drive from nearby amenities. A wonderful opportunity to enjoy small-town living. New Carpeting being installed!
Philo is located in Illinois. Philo, Illinois has a population of 1,421. Philo is more family-centric than the surrounding county with 32.99% of the households containing married families with children. The county average for households married with children is 30.63%.
The median household income in Philo, Illinois is $94,635. The median household income for the surrounding county is $56,939 compared to the national median of $69,021. The median age of people living in Philo is 37.3 years.
The average high temperature in July is 84.4 degrees, with an average low temperature in January of 16.6 degrees. The average rainfall is approximately 40.6 inches per year, with 22 inches of snow per year.
