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    24-Unit HUD-Subsidized Apartment Building
    Updated: Aug 29, 2025
    24-Unit HUD-Subsidized Apartment Building

    111 Bannon, Dwight, IL 60420

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    16,160 sqft
    24‑unit multifamily building built in 1961 with HUD subsidy support
    2024 pro‑forma NOI of $146,467 and pro‑forma cap rate of 11.74%
    HUD contract subsidizes a significant portion of the rent roll, supporting a stable income stream
    Asking price $1,248,000; $52,000 price per unit
    Unit mix described as desirable and property noted as well‑maintained
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    Based on your search, we've compiled 1 Potential Opportunities for your consideration. Besides 1 Active listings in Livingston County, IL, we suggest exploring several alternatives:

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    Explore 1 apartment buildings for sale in Livingston County, IL on our real estate platform. These investment opportunities span a total of 16,160 square feet of properties for sale.

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