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7-Unit Apartment Building
For Sale
$369,900

101 S Center Street, Colfax, IL 61728

Commercial Sale, Colfax, IL

Property SizeContact for details
Days on Market9

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 5, Bedroom 36, Bedroom 28, Bathroom 14, Bedroom 45, Bedroom 30, Bedroom 35, Bathroom 7, Bathroom 17, Bedroom 8, Bathroom 10, Bedroom 33, Bedroom 23, Bedroom 14, Bedroom 17, Bedroom 12, Bedroom 3, Bathroom 27, Bedroom 44, Bathroom 20, Bathroom 2, Bedroom 7, Bathroom 28, Bedroom 15, Bathroom 19, Bedroom 48, Bedroom 19, Bathroom 3, Bedroom 21, Bathroom 22, Bathroom 25, Bedroom 5, Bedroom 1, Bathroom 12, Bedroom 46, Bedroom 9, Bedroom 22, Bathroom 21, Bedroom 11, Bedroom 2, Bathroom 1, Bedroom 29, Bathroom 29, Bathroom 15, Bedroom 16, Bedroom 31, Bathroom 8, Bedroom 49, Bedroom 26, Bedroom 6, Bedroom 39, Bedroom 25, Bedroom 24, Bathroom 26, Bedroom 20, Bathroom 16, Bedroom 41, Bathroom 30, Bedroom 42, Bathroom 31, Bathroom 9, Bedroom 27, Bathroom 23, Bedroom 40, Bedroom 37, Bedroom 34, Bedroom 18, Bathroom 4, Bathroom 32, Bedroom 32, Bathroom 24, Bedroom 38, Bathroom 18, Bedroom 47, Bathroom 13, Bedroom 4, Bedroom 13, Bedroom 43, Bathroom 11, Bedroom 10, Bathroom 6
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 · License #481012475
Added: Oct 22 Changed: Oct 28 Last Checked: Oct 30 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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