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9-Unit Apartment Building
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102 ELM Street, Dawson, IL 62520

Fully occupied multifamily property with mobile homes and shared coin-operated laundry.

Property SizeContact for details
Days on Market14

Property Features for 102 ELM Street

General Information

Standard status Active
Property subtype Multifamily
Zoning R3
Occupancy 100%

Additional Details

Utilities to Site Yes
Multifamily Units 9

Amenities

coin-operated laundry

Building Details

Year Built 1950
Buildings 1
Units 9
Tenancy Multi
Listing Agency: The Real Estate Group, Inc.
Listed By: Jami Winchester · License #475109074
Source: Crexi
Added: Jul 28 Changed: Aug 9 Last Checked: Aug 9 at 5:25PM

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, Inc.

Investment Insights

Based on property information with market context.

The property includes a 9-unit apartment building arranged with 4 residences on the main level, 4 upstairs, and 1 end unit reached by 4 steps. Originally constructed in 1950, the main building was converted from a school gymnasium in the 1970s. Apartments are equipped with window AC units, refrigerators, and range/ovens, while most water heaters are newer. Two washers and 2 dryers are located in a common area and operate on a coin basis.

The offering also includes 2 lots with tenant-owned mobile homes, all reported full, at the secondary address of 209 N Lewis. Apartment residents pay their own electric service. Ownership expenses include water, sewer, trash, snow removal, mowing, and gas and electric service for common areas. The property carries 2 tax IDs, both of which are to be included in offers.

Key Highlights

  • 9‑unit apartment building with 4 main‑level units, 4 upstairs units, and 1 end unit
  • All apartment units and mobile homes are reported full
  • 2 lots with tenant‑owned mobile homes at 209 N Lewis

Property Analytics

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
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

14
Businesses Nearby

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 - Fully occupied multifamily property with 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 $450,000.
What are key features of this property?
This property features: 9‑unit apartment building with 4 main‑level units, 4 upstairs units, and 1 end unit; All apartment units and mobile homes are reported full; 2 lots with tenant‑owned mobile homes at 209 N Lewis
(217) 306-1000 Call to check price and availability
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