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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.

Highlights

  • Residential
  • Single Family Residence
  • 2 Car Garage
  • 60 days on Market

  • Bedrooms
    4
  • Bathrooms
    1 full · 1 half
  • Architectural Style
    American 4-Sq.
  • Construction Materials
    Other
  • Foundation
    Block, Brick/Mortar, Stone, Concrete Perimeter
  • Garage Spaces
    2.0
  • Parking Features
    Gravel, Garage, Detached
  • Living Area
    1500.0
  • Interior Features
    Walk-In Closet(s), Built-in Features
  • Patio And Porch
    Porch
  • Cooling
    Window Unit(s)
  • Heating
    Forced Air, Natural Gas
  • Basement
    Partial, Unfinished, Exterior Entry

  • Water
    Public

  • Area
    Baker / Leland
  • County
    LaSalle
  • City
    Leland
  • Zip Code
    60531

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Frequently Asked Questions

How do I schedule a tour of 320 E Railroad?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 320 E Railroad.

They know residentials in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 320 E Railroad?

Click Ask a Question to talk with our team. You already know it is a 4 bed, 1 bath, listed for $146,500. We can talk through recent upgrades, potential seller motivation, how this single family residence compares to others in Leland, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 320 E Railroad?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 320 E Railroad at around $1,244. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 320 E Railroad?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in LaSalle County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 320 E Railroad?

In most cases, yes. Whether 320 E Railroad is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Leland's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 320 E Railroad?

We can handle that for you. Our preferred local agent specializes in residentials in Leland and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $146,500 with 1,500 sqft of space—that comes out to approximately $98 per square foot.

How long has this property been on the market?

320 E Railroad was listed on September 11, 2026, which means it's been on the market for 60 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

What are the property taxes for 320 E Railroad?

The most recent public record shows annual property taxes for 320 E Railroad were approximately $4,929. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 320 E Railroad still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Listing information provided exclusively 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 deemed reliable but not guaranteed by the MLS. Copyright 2026, Midwest Real Estate Data (MRED). All rights reserved.

Last Updated: November 10, 2026 at 10:24AM | Source: Midwest Real Estate Data (MRED) | MLS#: 12756666