Multi-Unit Residential Income
102 ELM Street Dawson, IL 62520
New
For Sale
$450,000
COMMERCIAL - Dawson, IL
Lot Size0.86 Acres
Days on Market2
Property Features for 102 ELM Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
R3
Parking
12
Standard status
Active
APN
16080153009
Lot size
0.86 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
4295
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Wall/Window Unit(s), Window Unit(s)
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.
(217) 787-7000
Listed By:
Jami Winchester · License #475109074
(217) 306-1000
Added: Jul 27
Changed: Jul 28
Last Checked: Jul 28 at 5:06PM
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 for-sale residential income property includes a main building with nine units and two additional lots that include mobile homes. The main building is arranged with four units on the main level, four units upstairs, and one unit at the end with four steps up. Laundry is available in the common area with two washers and two dryers that are coin operated. Most hot water heaters are newer, and each unit includes window A/C, a refrigerator, and a range/oven. Units are all-electric, with tenants paying electric for their own units, while the owner pays water, sewer, trash, snow removal, mowing, and gas/electric for the common areas.
The offering includes two tax IDs, and the secondary address is 209 N Lewis. The mobile homes on the lots are tenant owned, and lot rents are $250 each. The main building was converted from a former school gymnasium in the 1970s. Provided rent figures include 2 units at $450, 3 units at $500, 2 units at $550, 1 unit at $575, and 1 unit at $650.
Zoning is listed as R3 for the property, and the apartment building portion is described as zoned R2 for multi-family residential. The lot with mobile homes is also described as zoned R2 (duplex residential).
The offering includes two tax IDs, and the secondary address is 209 N Lewis. The mobile homes on the lots are tenant owned, and lot rents are $250 each. The main building was converted from a former school gymnasium in the 1970s. Provided rent figures include 2 units at $450, 3 units at $500, 2 units at $550, 1 unit at $575, and 1 unit at $650.
Zoning is listed as R3 for the property, and the apartment building portion is described as zoned R2 for multi-family residential. The lot with mobile homes is also described as zoned R2 (duplex residential).
Key Highlights
- Building with 9 total units: 4 on main level, 4 up, and 1 end unit with 4 steps up (school gymnasium conversion in the 1970s).
- Unit rent mix: 2 units at $450, 3 at $500, 2 at $550, 1 at $575, and 1 at $650.
- Mobile homes on the included lots are tenant‑owned and rented at $250 each; 209 N. Lewis is listed as the secondary address.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Apartment building - For sale multifamily building with nine units plus two mobile-home lots, with coin-operated laundry in common areas.
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: Building with 9 total units: 4 on main level, 4 up, and 1 end unit with 4 steps up (school gymnasium conversion in the 1970s).; Unit rent mix: 2 units at $450, 3 at $500, 2 at $550, 1 at $575, and 1 at $650.; Mobile homes on the included lots are tenant‑owned and rented at $250 each; 209 N. Lewis is listed as the secondary address.
