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Duplex Residential Income Property
For Sale
$115,000

101 W Richardson Street, Farmer City, IL 61842

Established duplex asset suited to residential income ownership in DeWitt County.

Property SizeContact for details
Days on Market321

Property Features for 101 W Richardson Street

General Information

Standard status Active
Total Parking Spaces 4
Property subtype Residential Income

Taxes and HOA fees

Annual Taxes $3,156

Amenities

Baseboard

Building Details

Year Built 1978
Listing Agency: The Real Estate Group
Listed By: Carol Meinhart · License #475127814
Source: Evrealestate
Added: Oct 15, 2025 Changed: Aug 30 Last Checked: Aug 30 at 11:51PM

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 The Real Estate Group

Investment Insights

Based on property information with market context.

This duplex residential income property is located at 101 W Richardson Street in Farmer City, Illinois. The structure was built in 1978, providing an established residential asset for continued ownership or investment use.

Access is available from Exit 159 off Interstate 74, with the route continuing through Farmer City via Main Street and Richardson Street.

Key Highlights

  • Duplex property at 101 W Richardson Street, Farmer City, IL 61842
  • Built in 1978
  • Located in DeWitt County

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Electrical Service Pharmacy Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

202
Businesses Nearby

Demographics for 61842, IL

2,771
Population
1,145
Households
2.4
Avg Household Size
44
Median Age
18%
College-Educated
94%
High-School Grad
110.4 sq mi
ZIP Area
25
Density / Sq Mi
$79,167
Median Household Income
$40,417
Median Earnings
$514
Median Rent
$152,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Established duplex asset suited to residential income ownership in DeWitt County.
Where is this duplex located?
The property is located at 101 W Richardson Street Farmer City, IL.
What is the asking price?
The asking price for this property is $115,000.
What are key features of this property?
This property features: Duplex property at 101 W Richardson Street, Farmer City, IL 61842; Built in 1978; Located in DeWitt County
More about this property
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