Single-Story 16-Unit Apartment
For Sale
$649,900
1008 S Logan St, Lena, IL 61048
The unit mix pairs studios with two-bedroom apartments, all within a one-level layout.
Property Size12,545 SF
Lot Size1.90 Acres
Price / SF$51.81
Days on Market10
Property Features for 1008 S Logan St
General Information
Standard status
Active
Size
12,545 SF
Lot size
1.90 Acres
Units
Unit Mix
8 x studio, 8 x 2BR
Multifamily Units
16
Taxes and HOA fees
Annual Taxes
$23,030
Building Details
Year Built
1978
Buildings
1
Stories
1
Listing Agency:
Home One Realty
Listed By:
Nicholas Hansen · License #471017504
(708) 214-6425
Source:
Exprealty
Added: Oct 28
Changed: Nov 5
Last Checked: Nov 4 at 7:36PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Home One Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 12,545-square-foot apartment building contains 16 units on one level. The mix comprises 8 studios of approximately 529 square feet each and 8 two-bedroom apartments of approximately 634 square feet each; every unit has a bathroom. Built in 1978, the property occupies a 1.90-acre parcel. Ten apartments are vacant, and most are described as being in rentable condition with light work needed.
The property is on the south side of Lena, near IL Route 73 and a short drive from Freeport. Its single-story configuration provides access to all units without stairs.
The property is on the south side of Lena, near IL Route 73 and a short drive from Freeport. Its single-story configuration provides access to all units without stairs.
Key Highlights
- 16 apartments: 8 studios and 8 two‑bedroom units
- 12,545‑square‑foot, single‑story building constructed in 1978
- Studio units are approximately 529 square feet; two‑bedroom units are approximately 634 square feet
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
16
Residential units
Location Intelligence
Trade Area within ½ mile
219
Businesses Nearby
Explore this area
Business Placement
Demographics for 61048, IL
4,081
Population
1,740
Households
2.3
Avg Household Size
46
Median Age
28%
College-Educated
93%
High-School Grad
81.8 sq mi
ZIP Area
50
Density / Sq Mi
$87,604
Median Household Income
$45,680
Median Earnings
$655
Median Rent
$170,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - The unit mix pairs studios with two-bedroom apartments, all within a one-level layout.
Where is this apartment building located?
The property is located at 1008 S Logan St Lena, IL.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: 16 apartments: 8 studios and 8 two‑bedroom units; 12,545‑square‑foot, single‑story building constructed in 1978; Studio units are approximately 529 square feet; two‑bedroom units are approximately 634 square feet
