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Triplex With Garage
For Sale
$115,000

106 W 5th Street, Tilton, IL 61833

Three-unit residential property with updated roof and siding, central air, and supplemental garage income.

Property SizeContact for details
Days on Market85

Property Features for 106 W 5th Street

General Information

Standard status Active
Property subtype Triplex

Additional Details

Multifamily Units 3

Amenities

Central Air
Gas Water Heater
Oven
Refrigerator
Asphalt

Building Details

Year Built 1978
Stories 1
Listing Agency: Keller Williams The Real Estate Center of Illinois, LLC
Listed By: Hayley Siefert · License #475
Source: Kw
Added: May 26 Changed: Aug 14 Last Checked: Aug 13 at 5:04PM

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 Keller Williams The Real Estate Center of Illinois, LLC

Investment Insights

Based on property information with market context.

This 1978 triplex contains three apartments with varied occupancy: Apartment A is leased, Apartment B has a long-term tenant, and Apartment C is vacant. The building received a new roof and replacement siding in 2020. Interior features include central air, gas water heating, an oven, and a refrigerator.

The property includes a 24-by-30-foot garage that produces additional rental income, along with a carport behind the building. The owner pays all utilities, while trash pickup does not create an expense. Located at 106 W 5th Street in Tilton, Illinois, the property offers a three-unit configuration with an additional income-producing improvement.

Key Highlights

  • Three‑unit triplex with Apartments A, B, and C
  • 24x30 garage provides additional rental income
  • Roof and siding replaced in 2020

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick HVAC Service Law Firm Hair Salon Plumbing Service Nail Salon Kitchen & Bath Showroom

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

100
Businesses Nearby

Demographics for 61833, IL

1,968
Population
953
Households
2.1
Avg Household Size
48
Median Age
7%
College-Educated
91%
High-School Grad
1.5 sq mi
ZIP Area
1,312
Density / Sq Mi
$47,340
Median Household Income
$39,091
Median Earnings
$837
Median Rent
$70,300
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?
Triplex - Three-unit residential property with updated roof and siding, central air, and supplemental garage income.
Where is this triplex located?
The property is located at 106 W 5th Street Tilton, IL.
What is the asking price?
The asking price for this property is $115,000.
What are key features of this property?
This property features: Three‑unit triplex with Apartments A, B, and C; 24x30 garage provides additional rental income; Roof and siding replaced in 2020
More about this property
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