Nine-Unit Multifamily
New
For Sale
$450,000
102 ELM Street, Dawson, IL 62520
COMMERCIAL - Dawson, IL
Lot Size0.86 Acres
Days on Market5
Property Features for 102 ELM Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
R3
Parking
12
Directions
GPS Friendly
Standard status
Active
APN
16080153009
Lot size
0.86 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
4295
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Wall/Window Unit(s), Window Unit(s)
Amenities
coin-operated laundry
Building Details
Year built
1950
Floors in Building
2
Number of units
9
Flooring type
Carpet
Building materials
Wood Siding, Block, Frame
Roof type
Asphalt
Listing Agency:
The Real Estate Group, Inc.
(217) 787-7000
Listed By:
Jami Winchester · License #475109074
(217) 306-1000
Added: Jul 27
Changed: Jul 30
Last Checked: Jul 31 at 12:06AM
MLS# CA1045421
Copyright © 2026 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This property includes a nine-unit apartment building plus two additional lots with tenant-owned mobile homes, offered together as part of a two-tax-ID package. The main building is arranged with four units on the main level, four units on the upper level, and one unit at the end with four steps up. All units are electric, with tenants paying their own electricity. In the commons area, there are two washers and two dryers that are coin operated. Most hot water heaters are newer.
The owner pays water, sewer, trash, snow removal, mowing, and gas/electric for the commons areas. Each apartment unit includes an individual window AC unit, a refrigerator, and a range/oven. The mobile homes on the included lots are tenant owned.
The main building was built in 1950 and features a mix of wood siding, block, and frame construction, with asphalt roofing and carpet flooring. Heating is natural gas, and cooling is provided via window unit(s).
The owner pays water, sewer, trash, snow removal, mowing, and gas/electric for the commons areas. Each apartment unit includes an individual window AC unit, a refrigerator, and a range/oven. The mobile homes on the included lots are tenant owned.
The main building was built in 1950 and features a mix of wood siding, block, and frame construction, with asphalt roofing and carpet flooring. Heating is natural gas, and cooling is provided via window unit(s).
Key Highlights
- Nine units: 4 on the main level, 4 up, and 1 at the end with 4 steps up
- Two lots with tenant‑owned mobile homes included
- Coin‑operated laundry in commons: 2 washers and 2 dryers
Property Analytics
Property Profile
Current Use
Lease Details
9
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
14
Businesses Nearby
Explore this area
Business Placement
Demographics for 62520, IL
1,505
Population
630
Households
2.4
Avg Household Size
46
Median Age
18%
College-Educated
97%
High-School Grad
25.9 sq mi
ZIP Area
58
Density / Sq Mi
$84,457
Median Household Income
$40,550
Median Earnings
$805
Median Rent
$225,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - All units are currently full, with tenant-paid electricity and owner-paid utilities for common services.
Where is this apartment building located?
The property is located at 102 ELM Street Dawson, IL.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Nine units: 4 on the main level, 4 up, and 1 at the end with 4 steps up; Two lots with tenant‑owned mobile homes included; Coin‑operated laundry in commons: 2 washers and 2 dryers
