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314 2nd Street, Henry, IL 61537

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For Sale

$230,000

5 beds

Estimated Payment

$ 1,434 /mo. †

6.67% APR for 30 yrs.
$3,007 in taxes
Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Over 50 Years Old
    Age

Explore this Property

This property sounds like a fantastic opportunity! The combination of picturesque views over the Illinois River and its versatile layout makes it a unique find. Welcome to a distinctive property with stunning river views and excellent potential. This versatile building features three units: a spacious three-bedroom unit on the upper level and two mirrored one-bedroom units below. Upper-Level Unit: Size & Layout: Expansive three-bedroom unit with vaulted ceilings and abundant natural light. Living Space: Open-concept living room and eat-in kitchen. Additional Features: Private laundry room, updated bathroom, and a generously sized primary bedroom (24x11) that can be converted into two separate bedrooms if needed. Lower-Level Units: Configuration: Two mirrored one-bedroom units. Features: Each includes a full bath and a large family room/kitchen combo. Furnishings: Furniture in both units will remain, adding immediate rental appeal. Additional Amenities: Parking: One-car detached garage on the north side, with ample parking available in the long driveway and on the south side. Location: Overlooking the marina and adjacent to a hotel, this property is ideally situated for use as an Airbnb or VRBO. Whether you're looking for a rental investment or a cozy getaway with income potential, this property offers both charm and opportunity.
MLS# 12087892

Courtesy Of RE/MAX Rising

(309) 340-1000

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    New Traditional
  • Exterior Type
    Vinyl Siding
  • Heating System
    Forced Air
  • Lot Size
    0.76 Acres
  • Roof Type
    Asphalt

Map and Directions

Directions to 314 2nd Street, Henry, IL 61537

Home seller CENTURY 21 Lincoln National Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Lincoln National Realty

(309) 699-9551
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Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $1,184
  • Property Taxes
    $250
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $1,434

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Henry-senachwine Grade School

Grades PK-8 Public School

Henry, IL 61537 0.3 miles
201 richard st

372 total students

School Rating: D

School Details
Other Nearby Schools Distance Type Grades School Rating
Henry-senachwine High School 0.9 miles Public 9-12 B-

Henry-senachwine High School

Distance: 0.9 miles

Type Public

Grades: 9-12

B-

School information does not guarantee enrollment. School service boundaries are provided as a reference only, may change, and are not guaranteed to be accurate. Contact the school district directly to verify school enrollment eligibility.

Local area information for Henry, IL 61537

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Henry, IL 61537

This community’s employment is highest in the production occupations and administrative support industries. The area’s overall household expenses are below the national average.

86° July
Hottest Average Month
14° January
Coldest Average Month
1,182 Total Households in Area
-0.9% Increase in population since the year 2010
28.7%
of households
have children
26 minutes
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Demographic facts
for Henry, IL 61537

Henry, IL 61537 has a population of 2,836 people in 1,182 households with a median age of 43.8 years old.

-0.9%
Decrease in population
since the year 2010
Population is Trending down
1,211
Total households as of 2010
0.2%
projected percent change in total
households in 5 years

Community Population By Age

The median age for this area is 43.8 years old. The smallest percentage group is 45-54 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 94%
Hispanic 1%
Other <1%
Asian <1%
Black <1%
Native American <1%
The most prevalent ethnicity is White at 94%, followed by Hispanic at 1%, Other at <1%, and Asian at <1%.

Economics
for Henry, IL 61537

51 /sq mi
Population Density
$54,297 /yr
Median Household Income
$0
Median Sales Price
26 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 19.08% of the households.

Transportation to Work

  • Drive 91%
  • Work from Home 6%
  • Walk or Bike 1%
  • Public Transit 0%

Occupancy by Type

Owned 860 66%
Rented 322 25%
Vacant 128 10%

White vs Blue Collar Jobs







White Collar 53%
Blue Collar 47%

Family & Education Facts
for Henry, IL 61537

43.8 Median Age

Average Household Size

2.3
persons per
household

45.5%

Married Households

Community Population By Education

High School Graduate 40%
Some College 26%
Bachelors Degree 12%
Associates Degree 9%
Some High School 8%
Graduate Degree 4%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 40.3% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
28.7% of households have children

Weather
for Henry, IL 61537

The weather for this area ranges from a high of 86° F in July to a low of 14° F in January

86° July
Hottest Average Month
14° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
14°
31°
Feb
18°
35°
Mar
28°
48°
Apr
39°
62°
May
50°
73°
Jun
59°
82°
Jul
63°
86°
Aug
61°
84°
Sep
53°
77°
Oct
42°
65°
Nov
31°
49°
Dec
19°
36°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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