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Multi-Family Investment Opportunity in Dawson

102 ELM Street, Dawson, IL 62520

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For Sale

$450,000

MULTI_FAMILY - Dawson, IL

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Jami Winchester

Real Estate License ID: 475109074

HighLights

9‑unit building (4 main level, 4 upper, 1 at the end with 4 steps up)
Monthly rents: 2 @ $450, 3 @ $500, 2 @ $550, 1 @ $575, 1 @ $650
All units full; tenants pay electricity for the main building (units are electric)
Owner pays water, sewer, trash, snow removal, mowing, and gas/electric for commons areas
Includes 2 lots with mobile homes (209 N. Lewis); mobile homes are tenant owned and full
Commons area has coin‑operated laundry with 2 washers and 2 dryers; most hot water heaters are newer

For Sale

$450,000

MULTI_FAMILY - Dawson, IL

Added:: Feb 19, 2026
Days on Market:: 137
Last Refresh:: Jul 6 at 10:06 pm

Property Features for 102 ELM Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Bedrooms: 8
Bathrooms: 4
Rooms: Bedroom 6, Bedroom 7, Bedroom 8, Bathroom 3, Bathroom 4, Bedroom 3, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 4, Bedroom 1, Bedroom 5
Parking: 12
Parking features: Alley
Interior features: Storage
Basement: Partial
Standard status: Active
APN: 16080153009

Taxes and HOA fees

Tax Year: 2024
Tax Description: See tax records
Tax Annual Amount: 4123

Utilities

Heating system: Electric (Heating)
Water source: Public

Building Details

Year built: 1950
Number of units: 9
Building materials: Wood Siding
Roof type: Shingle
Additional Structures: Storage

We can help!

Contact an agent

Jami Winchester

Listing agent Jami Winchester License #475109074

Listing office The Real Estate Group, Inc. 3701 West Wabash, Springfield, IL

Listing date Feb 19, 2026

MLS# CA1041847 Listing URL

HighLights

9‑unit building (4 main level, 4 upper, 1 at the end with 4 steps up)
Monthly rents: 2 @ $450, 3 @ $500, 2 @ $550, 1 @ $575, 1 @ $650
All units full; tenants pay electricity for the main building (units are electric)
Owner pays water, sewer, trash, snow removal, mowing, and gas/electric for commons areas
Includes 2 lots with mobile homes (209 N. Lewis); mobile homes are tenant owned and full
Commons area has coin‑operated laundry with 2 washers and 2 dryers; most hot water heaters are newer

Overview

This multi-family property in Dawson, Illinois, features a nine-unit building with a mix of layouts: four units on the main level, four upstairs, and one with a few steps up. The property also includes two additional lots with mobile homes. The mobile homes are tenant-owned. A common area provides coin-operated laundry facilities with two washers and two dryers. Most hot water heaters are newer. The main building, originally a school gymnasium converted in the 1970s, has all-electric units, with tenants responsible for their individual electric bills. The owner covers water, sewer, trash, snow removal, mowing, and gas/electric for the common areas. Each unit is equipped with a window AC unit, refrigerator, and range/oven. The electric expense listed reflects the owner's costs for the common areas' electric and gas. The property includes two tax IDs, with the secondary address being 209 N Lewis. The lot dimensions and taxes provided encompass both tax IDs. The current rent structure includes: two units at $450, three at $500, two at $550, one at $575, and one at $650. All units are currently occupied.

Property Profile Location Intelligence

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Apartment buildings

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Local Demand

City: Dawson
County: Sangamon
State: Illinois
Longitude: -89.462989
Latitude: 39.854988

For sale
Apartment buildings
IL
Dawson
62520
102 ELM Street

What type of property is this?

Apartment building - Nine-unit building plus two mobile home lots for sale.

Where is this apartment building located?

The property is located at 102 ELM Street Dawson, IL.

What is the asking price?

The asking price for this property is $450,000.

What are key features of this property?

This property features: 9‑unit building (4 main level, 4 upper, 1 at the end with 4 steps up); Monthly rents: 2 @ $450, 3 @ $500, 2 @ $550, 1 @ $575, 1 @ $650; All units full; tenants pay electricity for the main building (units are electric)

102 ELM Street, Dawson, IL 62520

MULTI_FAMILY - Dawson, IL

Property Features for 102 ELM Street

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

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