Building Details

Year built 1950

Floors in Building 2

Number of units 9

Flooring type Carpet

Building materials Wood Siding, Block, Frame

Roof type Asphalt

Listing Agency: The Real Estate Group, Inc. m***@thegroup.com Show Phone

Listed By: Jami Winchester · License #475109074 Show Phone

Added: Jul 27 Changed: Sep 2 Last Checked: Sep 12 at 11:06PM

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MLS# CA1045421

Copyright © 2026 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This multifamily property combines a 9-unit apartment building at 102 Elm Street with two additional lots containing tenant-owned mobile homes at 209 N. Lewis. All apartment units and mobile home lots are currently full. The apartment layout includes 4 units on the main level, 4 upstairs, and 1 end unit reached by 4 steps. The building dates to 1950 and was converted from a school gymnasium in the 1970s.

Each apartment includes a window or wall/window AC unit, refrigerator, and range/oven. The units are all electric, with tenants paying their individual electric service. Ownership covers water, sewer, trash, snow removal, mowing, and utilities serving the common areas. Two washers and two dryers are located in the common area and operate on a coin basis. Most water heaters are newer. The property occupies 0.8636 acres and is served by public sewer.

Key Highlights

• 9 apartment units: 4 main‑level, 4 upstairs, and 1 end unit reached by 4 steps
• Two additional lots with full mobile homes; mobile homes are tenant owned
• All apartment units and mobile home lots are full

Property Analytics

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Current Use

Mobile home & RV ...

Suggested Use

Top Pick Storage Facility Restaurant

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

Lease Details

9

Residential units

100%

Occupancy

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

14

Businesses Nearby

Explore this area Business Placement

Demographics for 62520, IL

1,505

Population

630

Households

2.4

Avg Household Size

46

Median Age

18%

College-Educated

97%

High-School Grad

25.9 sq mi

ZIP Area

58

Density / Sq Mi

$84,457

Median Household Income

$40,550

Median Earnings

$805

Median Rent

$225,300

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?

Apartment building - Full occupancy includes two additional lots with tenant-owned mobile homes and shared coin-operated laundry.

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 $435,000.

What are key features of this property?

This property features: 9 apartment units: 4 main‑level, 4 upstairs, and 1 end unit reached by 4 steps; Two additional lots with full mobile homes; mobile homes are tenant owned; All apartment units and mobile home lots are full