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    213 Broadway Highland, IL 62249

    For Sale
    $575,000

    5 Family or More, Apartment Style - Highland, IL

    Property size:
    6,519 SF
    Lot size:
    0.27 Acres
    Days on Market:
    46
    Last Refresh:
    Dec 6 at 12:06 pm

    Property Features for 213 Broadway

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement
    APN
    01-2-24-05-09-101-004
    Parking
    5
    Parking features
    Carport, Covered
    Exterior features
    Level, Entry Steps/Stairs
    Basement Y/N
    1
    Appliances
    Dishwasher, Range, Range - Gas, Refrigerator, Washer
    Size
    6,519 SF
    Lot size
    0.27 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Ceiling Fan(s), Central Air, Multi Units

    Building Details

    Year built
    1996
    Number of units
    5
    Building materials
    Vinyl Siding
    Architectural style
    Other

    RE/MAX Alliance (618) 975-6043 [email protected]

    Listing agent Tara Marr (618) 667-2111 License #475.181756

    Listing date Oct 22, 2025

    MLS# 25070576 Listing URL

    Copyright © 2025 MARIS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Highland Apartment Building Investment

    This five-unit apartment building presents an investment opportunity. Located in Highland, Illinois, the property includes two units with 1,500 square feet of living space each. Each unit is equipped with its own washer and dryer hookup, and all kitchen appliances are included. Covered parking is available. A new roof was installed in 2024. The seller is responsible for a $160 monthly expense covering the dumpster and house electric, while tenants cover all other utilities. The property is situated on a 0.2686-acre lot. The building has a total area of 6,519 square feet. All units are currently occupied.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Highland
    County
    Madison
    State
    Illinois
    Longitude
    -89.688754
    Latitude
    38.738726

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    FAQs

    What type of property is this?
    Apartment building - Five-unit apartment building in Highland, Illinois with covered parking.
    Where is this apartment building located?
    The property is located at 213 Broadway Highland, IL.
    What is the asking price?
    The asking price for this property is $575,000.
    What are key features of this property?
    This property features: - Great investment opportunity with 5 units, all currently occupied.; - Two large units offer **1,500 sqft of living space each**.; - **New roof installed in 2024**.
    (618) 667-2111
    Request Owner's contact information
    213 Broadway Highland, IL 62249
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    Highland, IL 62249
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    213 Broadway Highland, IL 62249
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