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7-Unit Apartment Building
New
For Sale
$369,900

101 S Center Street, Colfax, IL 61728

Commercial Sale, Colfax, IL

Property SizeContact for details
Days on Market3

Property Features for 101 S Center Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 49
Bathrooms 32
Full bathrooms 32
Rooms Bathroom 2, Bedroom 29, Bedroom 44, Bedroom 38, Bedroom 35, Bedroom 23, Bathroom 16, Bathroom 24, Bathroom 31, Bedroom 12, Bedroom 43, Bathroom 9, Bedroom 4, Bedroom 30, Bathroom 11, Bedroom 14, Bedroom 48, Bedroom 45, Bedroom 7, Bedroom 5, Bathroom 28, Bedroom 33, Bathroom 27, Bedroom 31, Bathroom 5, Bathroom 7, Bathroom 20, Bedroom 37, Bathroom 3, Bathroom 19, Bathroom 26, Bedroom 3, Bedroom 32, Bathroom 17, Bedroom 6, Bedroom 18, Bedroom 9, Bathroom 6, Bedroom 21, Bedroom 49, Bathroom 30, Bedroom 19, Bedroom 34, Bathroom 8, Bedroom 40, Bedroom 11, Bedroom 20, Bedroom 15, Bathroom 10, Bedroom 36, Bathroom 13, Bedroom 22, Bedroom 26, Bathroom 14, Bedroom 13, Bedroom 42, Bedroom 25, Bathroom 22, Bathroom 23, Bathroom 4, Bathroom 32, Bedroom 16, Bedroom 1, Bathroom 12, Bathroom 25, Bathroom 15, Bedroom 28, Bedroom 46, Bathroom 21, Bedroom 41, Bedroom 17, Bedroom 24, Bathroom 18, Bedroom 27, Bedroom 47, Bathroom 1, Bedroom 10, Bedroom 8, Bedroom 39, Bathroom 29, Bedroom 2
Directions E on Hwy 165, S on Center St.
Subdivision Colfax
Standard status Active
APN 1703283001

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 1891

Building Details

Year built 1874
Floors in Building 2
Number of units 7
Listing Agency: RE/MAX Rising · RE/MAX International
Listed By: Brandon Holtz
Added: Oct 22 Changed: Oct 23 Last Checked: Oct 24 at 5:06AM
MLS# 12791643

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 7-unit apartment building in Colfax was built in 1874 and received a roof update in 2024. The property has long-term renters, providing an established residential rental configuration.

Key Highlights

  • Seven‑unit apartment building
  • Roof updated in 2024
  • Built in 1874

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

7
Residential units

Location Intelligence

Trade Area within ½ mile

93
Businesses Nearby

Demographics for 61728, IL

1,381
Population
531
Households
2.6
Avg Household Size
41
Median Age
29%
College-Educated
98%
High-School Grad
69.4 sq mi
ZIP Area
20
Density / Sq Mi
$93,654
Median Household Income
$52,350
Median Earnings
$799
Median Rent
$152,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - A 2024 roof update adds a recent improvement to this established rental property.
Where is this apartment building located?
The property is located at 101 S Center Street Colfax, IL.
What is the asking price?
The asking price for this property is $369,900.
What are key features of this property?
This property features: Seven‑unit apartment building; Roof updated in 2024; Built in 1874
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