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: Aug 7 Last Checked: Aug 10 at 5:06AM

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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 property includes a nine-unit apartment building plus two additional lots with tenant-owned mobile homes, offered together as part of a two-tax-ID package. The main building is arranged with four units on the main level, four units on the upper level, and one unit at the end with four steps up. All units are electric, with tenants paying their own electricity. In the commons area, there are two washers and two dryers that are coin operated. Most hot water heaters are newer.

The owner pays water, sewer, trash, snow removal, mowing, and gas/electric for the commons areas. Each apartment unit includes an individual window AC unit, a refrigerator, and a range/oven. The mobile homes on the included lots are tenant owned.

The main building was built in 1950 and features a mix of wood siding, block, and frame construction, with asphalt roofing and carpet flooring. Heating is natural gas, and cooling is provided via window unit(s).

Key Highlights

• Nine units: 4 on the main level, 4 up, and 1 at the end with 4 steps up
• Two lots with tenant‑owned mobile homes included
• Coin‑operated laundry in commons: 2 washers and 2 dryers

Property Analytics

Property Profile

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

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 - All units are currently full, with tenant-paid electricity and owner-paid utilities for common services.

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: Nine units: 4 on the main level, 4 up, and 1 at the end with 4 steps up; Two lots with tenant‑owned mobile homes included; Coin‑operated laundry in commons: 2 washers and 2 dryers