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ActiveMLS #: 127566661 / 32Get an accurate number
ActiveMLS #: 127566661 / 324 Beds · 1.5 Baths · 1,500 sq ft
$146,500
320 E Railroad, Leland IL, 60531
Est. payment: $1,187/mo · 20% down, 30-year fixed at 6.95%, principal, interest, and taxes per the listing
Price per sq ft
$98
Property size
1,500 sq ft
Property type
Detached Single
Listed by Don Wiley with Swanson Real Estate
Questions about this home: Nick Rife, Rife Realty, (815) 258-1471 or Nick@RifeRealty.com
Overview
A classic two-story home offering 4 or 5 bedrooms and 1-1/2 baths in 1,500 sq. ft. on two city lots. Just the place for a rehabber or handy person looking for a project home to turn a profit or for their very own. Or perhaps an investor looking for a lower-cost rental property to add to their portfolio. Some of the big-ticket items are already done, with a newer furnace and water heater, and roofs on the home, garage and shed completed 8 years ago. Electrical service was upgraded to 100 amp with breakers. The main floor offers a large living room, dining room, kitchen, and a 5th bedroom (or office/craft room). There's also a big half bath with large storage space for a pantry (or future laundry?). And room to relax on the enclosed 18 x 6-foot enclosed porch. The second floor has 4 bedrooms, with the master and one of the others having walk-in closets. The smallest room could be an office, nursery, or used as a very large closet. There's also a full bathroom. Above the second floor, the unfinished attic could be made into a private master bedroom retreat with lots of storage. Or a game room, or whatever. There is a partial basement for good storage areas, as well as laundry hookups. An exterior cellar door provides easy access for moving items in and out of the basement. The exterior includes a 24x22 garage with a large partially floored storage area above it. For even more storage, there's a 12 x 21-foot shed. The home and buildings are offered in as-is condition.
Location
320 E Railroad, Leland IL, 60531
- Township
- Adams
- County
- LaSalle
- Area
- Baker / Leland
Interior
- Bedrooms
- 4
- Full bathrooms
- 1
- Half bathrooms
- 1
- Total rooms
- 8
- Living area
- 1,500 sq ft (Estimated)
- Interior features
- Built-in Features, Walk-In Closet(s)
- Basement
- Unfinished, Exterior Entry, Partial
- Cooling
- Window Unit(s)
- Heating
- Natural Gas, Forced Air
- Electric
- Circuit Breakers, 100 Amp Service
Exterior and lot
- Style
- American 4-Sq.
- Construction
- Other
- Roof
- Asphalt
- Patio and porch
Listing details
- MLS number
- 12756666
- Status
- Active
- Property type
- Detached Single
- Town
- Leland
- ZIP
- 60531
- Updated
- Sep 18, 2026
Estimate your payment
Term, years
Your monthly payment will be
$1,187
Principal, interest, and estimated taxes.
Loan $117,200 Down $29,300
- Principal and interest
- $776
- Property taxes (2025, per the listing)
- $411
Ballpark estimated payments for planning. Not a quote or a preapproval.
What this estimate includes
Principal, interest, and property taxes: the listing's reported bill when MRED has one, otherwise an estimate from typical corridor rates. Insurance and any PMI are not included, and this is not an offer of credit. Your real number depends on your credit, the lender, and the property.
Talk to Nick and he will connect you with one of his preferred lenders for a real figure.
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Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of Sep 21, 2026, 5:52 PM CT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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