408 N 3RD Street, Dunlap, IL 61525

• 4 beds |
• 3 baths |
• 1,898 sqft

Property Description

Discover a rare opportunity designed for flexibility, comfort, and possibility. Fully renovated in 2025, this thoughtfully updated property offers an ideal setup for a mother-in-law suite, multigenerational living, an older child wanting their own space, or an owner-occupied home with rental income potential. The main two-story living space offers comfortable everyday living with three bedrooms, a bright living room, informal dining area, kitchen, and a beautifully updated full bathroom upstairs. The basement adds even more living space with a welcoming family room, additional bathroom, and laundry—perfect for movie nights or hobbies. A separate main-level side unit provides its own sense of independence while remaining connected to the property. This flexible space features a bedroom, living room combo, den or office area, kitchen, bathroom, and its own laundry, making it ideal for extended family, guests, a private mother-in-law suite, or potential rental income. Nearly every major component has been updated in 2025, including new electrical, PEX plumbing, HVAC, shingles and gutters, landscaping, a newly designed front porch area, brand-new interior finishes, and new appliances in both units. Outside, you'll find a backyard shed for extra storage and ample rear parking. Whether you're looking to bring family together while maintaining privacy or take advantage of built-in income potential, this versatile property offers a rare blend of flexible living options!

Listing Status:

Active

Data Last Updated:

April 4, 2026 at 8:18PM

Listing Office:

RE/MAX Traders Unlimited : 309-687-5000

Listing Agent:

Amanda Allsup : 309-648-8187

MLS ID:

PA1264664

Interior

• General: Cable AvailableCeiling Fan(s)
• Appliances: DryerRange HoodMicrowaveRangeRefrigeratorWasher
• Basement: FinishedPartial
• A/C: Central Air
• Heating: ElectricForced AirGas Water Heater
• Fireplace: Fireplaces: 0

Exterior

• General: Shed(s)
• Parking: GuestOn Street

Construction

• Roofing: Shingle
• General: TwoBlock

Location

• Road/Access: Paved
• Originating MLS: rmlsa
• County: Peoria

Lot

• Zoning: Alva Dunlap's ADD NW 1/4 SEC 11-10-7E Lot 12 BLK 5 (96-29093)08-11-156-003

Utilities

• Water: PublicPublic Sewer

Financial

• Source: rmlsa