Apartment Building

Hanna City, IL Apartment Buildings for Sale

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Peoria, IL Elmwood, IL Trivoli, IL Edwards, IL Brimfield, IL Bartonville, IL Mapleton, IL West Peoria, IL
Renovated 12-Unit Apartment Building
Updated: Jul 17
Renovated 12-Unit Apartment Building

522 N Main Street, Hanna City, IL 61536

$720,000
5,586 sqft
12‑unit apartment building (Year built 1967) with a mix of 1BD/1BA and 2BD/1BA units
Units have been completely renovated or updated; odd‑numbered units are 1 bedroom/1 bathroom and even‑numbered units are 2 bedroom/1 bathroom
Recent utility updates include new main water line from the street to the building (2023) and new sewer clean out (2023)
Boiler hot water lines and parts updated (2024/2025) plus a new water heater (2024)
Currently 1 vacant unit (#2); once rented, total monthly rents will be at least $8,545
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1 active listing matches your search: Apartment Building for sale in Hanna City, IL. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

19-Unit Apartment Portfolio
19-Unit Apartment Portfolio

2608-2632 W WILLOWLAKE Drive, Peoria, IL 61614

$1,150,000
19 units  Built 1975
$192,000 gross income

Condominium package with updated common areas, carports, secure entry, and central air.

Utilities to site  16 x 1BR  1 x 2BR/2BA  1 x 2BR/1BA  1 x 1BR+den  Neighborhood park  Private lake  Secure entry
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19-Unit Apartment Building Package
19-Unit Apartment Building Package

2608 W WILLOWLAKE Drive, Peoria, IL 61614

$60,527
19 units  Built 1975
Road access

Condominium package with refreshed common areas, secure entry, carports, and central air in each unit.

16 x 1BR  1 x 2BR/2BA  1 x 2BR/1BA  1 x 1BR+Den  Neighborhood park  Private lake  Secure entry  Updated hallways
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19-Unit Condo Package
19-Unit Condo Package

2608 W WILLOWLAKE Drive, Peoria, IL 61614

$60,527
19 units  Built 1975
$192,000 gross income  Road access

Nineteen condominium units are offered together with secure entry, carports, central air, and updated common hallways.

16 x 1BR  1 x 2BR/2BA  1 x 2BR/1BA  1 x 1BR+den  Neighborhood park  Private lake  Carports  Secure entry
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19-Unit Condo Package
19-Unit Condo Package

2608 W WILLOWLAKE Drive, Peoria, IL 61614

$60,527
19 units  Built 1975
$192,000 gross income  Road access

Well-maintained residential income property with secure entry, carports, central air, and a defined condominium unit mix.

16 x 1BR  1 x 2BR/2BA  1 x 2BR/1BA  1 x 1BR+den  Neighborhood park  Private lake  Dunlap School district  Carports
View details

Hanna City, IL Apartment Buildings Market Trends and Statistics

Explore 1 apartment buildings for sale in Hanna City, IL on our real estate platform. These investment opportunities span a total of 5,586 square feet of properties for sale, with an estimated market value of $720,000.

Sale prices for apartment complexes in Hanna City, IL average $720,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 3,445
Population Growth (5Y) +18.1%
Median Household Income $73,879
College Educated 33.3%

High-Yield Neighborhoods for Investment

Identify Hanna City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
61536 $720K

Taxes & Financing

Tax Rate (average for all types) 8.27%
Property Tax per SF $3.64 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Peoria County

New Delisted

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