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  • Price cut: $10K (3/27)
    $585,000

    497 South Lake Street, Montello, WI 53949

    16beds
    14,000sqft
    : 
    Multi Family, Apartment
    Built in ----
    -- sqft lot
    $-- Zestimate®
    $42/sqft
    $-- HOA

    What's special

    Brick and vinyl exteriorSprinkler system in placeAll electric heatWalk out patiosKitchens and dining rooms
    Former CBRF, Community based Residential facility, 2 units 8 rooms each. 16 total rooms large living rooms, Kitchens and dining rooms, new carpet front building, 2 full baths in each building, plus Apt. 1 and 6 each have a half bath, private office in each building, all electric heat, window air, sprinkler system in place, no basements, laundry, pantry's and walk out patios. Black top parking out-front on a large lot, 2 car detached garage. Current tenant is relocating. Currently no income. Set your own rents. Great extra income property. many different uses, nursing home, apt. building, efficiency rental. Located in a great historical city of Montello Wi. located near the fox river system. Quiet neighborhood. great investment! Built in 1997. Brick and vinyl exterior. Easy to maintain.
    328 days
    |
    185
    |
    4
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 07, 2026 at 02:51am

    Listed by:

    Terry Dixon 608-697-0750,

    United Country Midwest Lifesty

    Source: WIREX MLS,MLS#: 1999848MLS LogoOriginating MLS: South Central Wisconsin MLS

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 16
      • Bathrooms: 8
      • Full bathrooms: 4
      • 1/2 bathrooms: 4
      • Main level bedrooms: 3
      Heating
      • Electric, Radiant/Electric
      Features
      • Windows: Low Emissivity Windows
      • Basement: None / Slab
      • Has fireplace: No
      Interior area
      • Total structure area: 14,000
      • Total interior livable area: 14,000 sqft

      Property

      Parking
      • Parking features: Outside
      Features
      • Levels: One
      • Stories: 1
      • Fencing: Fenced
      Lot
      • Size: 1.38 Acres
      Details
      • Parcel number: 251000670000
      • Zoning: Commerical

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family, Apartment
      Materials
      • Vinyl Siding, Brick

      Utilities & green energy

      • Electric: Separate Electric Meters
      • Water: Public
      • Utilities for property: Separate Electric Meters

      Community & HOA

      Community
      • Security: Fire Sprinkler System
      Location
      • Region: Montello
      • Municipality: Montello

      Financial & listing details

      • Price per square foot: $42/sqft
      • Tax assessed value: $494,800
      • Annual tax amount: $12,363
      • Date on market: 5/15/2025
      • Exclusions: Personal Property
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,093/mo

        Price history

        Price history
        DateEventPrice
        3/27/2026Price change$585,000-1.7%$42/sqft
        Source: WIREX MLS #1999848 Report a problem
        9/10/2025Price change$595,000-14.9%$43/sqft
        Source: WIREX MLS #1999848 Report a problem
        5/15/2025Listed for sale$699,000$50/sqft
        Source: WIREX MLS #1999848 Report a problem

        Public tax history

        Public tax history
        Tax history is unavailable.

        Monthly payment

        Est. payment
        $3,490/mo
        Principal & interest
        $2832
        Property taxes
        $658
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          Climate risks

          Neighborhood: 53949

          Getting around

          25 / 100
          Car-Dependent
          35 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Middle: Montello
          • High: Montello
          • District: Montello

          Source: WIREX MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

          Local experts in 53949