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9-Unit Brick Apartment Building
For Sale
$180,000

107-14 N Central Ave, Casey, IL 62420

Converted office improvements now accommodate a varied residential unit configuration in a brick building.

Property SizeContact for details
Days on Market174

Property Features for 107-14 N Central Ave

General Information

Standard status Active
Property subtype Residential Income

Units

Unit Mix 3 x 3BR, 6 x 1-unit
Multifamily Units 9

Taxes and HOA fees

Annual Taxes $1,691

Building Details

Construction brick
Listing Agency: Stence Realty
Listed By: Reuben Stence · License #471020568
Source: Exprealty
Added: Mar 13 Changed: Aug 31 Last Checked: Aug 31 at 7:41PM

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 Stence Realty

Investment Insights

Based on property information with market context.

This 9-unit apartment property is housed in an all-brick building that was previously configured for office use and has since been converted to residential apartments. The unit mix includes three 3-bedroom apartments and six additional apartments, providing a range of layouts within the complex.

Average occupancy was 90% during the last year. The property is located at 107-14 N Central Ave in Casey, Illinois, offering an established apartment asset with an adaptive prior commercial configuration.

Key Highlights

  • 9‑unit apartment complex in Casey, Illinois
  • Three 3‑bedroom apartments plus six additional apartments
  • All‑brick building converted from prior office use

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Building Supply Pharmacy HVAC Service Law Firm

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

Location Intelligence

Trade Area within ½ mile

330
Businesses Nearby

Demographics for 62420, IL

4,196
Population
2,140
Households
2
Avg Household Size
45
Median Age
17%
College-Educated
91%
High-School Grad
123.2 sq mi
ZIP Area
34
Density / Sq Mi
$68,235
Median Household Income
$40,182
Median Earnings
$738
Median Rent
$122,000
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 - Converted office improvements now accommodate a varied residential unit configuration in a brick building.
Where is this apartment building located?
The property is located at 107-14 N Central Ave Casey, IL.
What is the asking price?
The asking price for this property is $180,000.
What are key features of this property?
This property features: 9‑unit apartment complex in Casey, Illinois; Three 3‑bedroom apartments plus six additional apartments; All‑brick building converted from prior office use
More about this property
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