Three-Unit Rental Property with
For Sale
$94,900
Pending
102 MAIN Street, Tallula, IL 62688
Residential Income, Tallula, IL
Property SizeContact for details
Days on Market149
Property Features for 102 MAIN Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 4, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 2, Bedroom 1, Bedroom 3
Parking features
On Street
Lot features
Corner Lot
High school
Porta CUSD #202
Directions
123 E, continue to Main St.
Standard status
Pending
APN
16-07-102-006
Taxes and HOA fees
Tax Year
2024
Tax Description
TALLULA ORIG TOWN OF TALLULA 21 1/2' MID PT LOTS 6 & 7 BLK 7.
Tax Annual Amount
1748
Legal Description
TALLULA ORIG TOWN OF TALLULA 21 1/2' MID PT LOTS 6 & 7 BLK 7.
Utilities
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
1900
Number of units
3
Building materials
Brick
Listing Agency:
The Real Estate Group, Inc.
(217) 787-7000
Listed By:
KC Sullivan · License #475121673
(217) 416-3681
Added: May 12
Changed: Sep 16
Last Checked: Oct 7 at 6:06PM
MLS# CA1043660
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 triplex includes three rental apartments arranged as two one-bedroom, one-bath units and one two-bedroom, one-bath unit. The property also includes a storage garage and two vacant lots, creating a five-parcel holding with both residential and ancillary components. Two of the three apartments are currently rented.
Located on Main Street in Tallula, Illinois, the property has brick construction, central air conditioning, forced-air heating, public water service, and on-street parking. The included parcels are identified as 16-07-102-005, 006, 007, 008, and 009. The residential parcels contain the apartments, parcel 007 contains the storage garage, and parcels 008 and 009 are vacant lots.
Located on Main Street in Tallula, Illinois, the property has brick construction, central air conditioning, forced-air heating, public water service, and on-street parking. The included parcels are identified as 16-07-102-005, 006, 007, 008, and 009. The residential parcels contain the apartments, parcel 007 contains the storage garage, and parcels 008 and 009 are vacant lots.
Key Highlights
- Three apartments: two 1‑bedroom/1‑bath units and one 2‑bedroom/1‑bath unit
- Two of three apartments are currently rented
- Five total parcels included in the sale
Property Analytics
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
23
Businesses Nearby
Explore this area
Business Placement
Demographics for 62688, IL
652
Population
373
Households
1.7
Avg Household Size
47
Median Age
19%
College-Educated
93%
High-School Grad
45.0 sq mi
ZIP Area
14
Density / Sq Mi
$62,188
Median Household Income
$42,473
Median Earnings
$1,094
Median Rent
$136,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Triplex - Brick multifamily asset with central air, forced-air heat, public water, a storage garage, and two vacant lots.
Where is this triplex located?
The property is located at 102 MAIN Street Tallula, IL.
What is the asking price?
The asking price for this property is $94,900.
What are key features of this property?
This property features: Three apartments: two 1‑bedroom/1‑bath units and one 2‑bedroom/1‑bath unit; Two of three apartments are currently rented; Five total parcels included in the sale
