Building Details

Buildings 10

Units 20

Listing Agency: North Star Equities t***@svn.com Show Phone

Listed By: Getty Greer · License #IL - 475212188

Source: Crexi

Added: Mar 11 Changed: Aug 15 Last Checked: Aug 18 at 8:29PM

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Investment Insights

Based on property information with market context.

This 22-unit Central Illinois multifamily rental portfolio consists of 12 individual parcels across three small-town markets. The portfolio is primarily composed of workforce housing assets generating in-place cash flow with demonstrated operating history. The offering is positioned as a basis-driven acquisition in tertiary markets where entry pricing remains below replacement cost. Rents are generally near prevailing market levels, providing stable income with incremental upside through operational efficiencies and selective rent optimization at turnover. This portfolio is well-suited for investors seeking durable yield, low basis, and long-term hold cash flow rather than a heavy value-add repositioning strategy.

Key Highlights

• Portfolio of 22 units across 12 parcels in Central Illinois.
• Generates in‑place cash flow with demonstrated operating history.
• Positioned as a basis‑driven acquisition below replacement cost.

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick HVAC Service Auto Parts Store Big Box & Wholesale Store Law Firm Auto Repair Shop Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

90

Businesses Nearby

Explore this area Business Placement

Demographics for 61756, IL

2,165

Population

1,109

Households

2

Avg Household Size

43

Median Age

32%

College-Educated

96%

High-School Grad

84.0 sq mi

ZIP Area

26

Density / Sq Mi

$83,889

Median Household Income

$42,321

Median Earnings

$794

Median Rent

$183,100

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 - 22-unit multifamily portfolio in Central Illinois for sale.

Where is this apartment building located?

The property is located at 110 S Wood St Maroa, IL.

What is the asking price?

The asking price for this property is $1,350,000.

What are key features of this property?

This property features: Portfolio of 22 units across 12 parcels in Central Illinois.; Generates in‑place cash flow with demonstrated operating history.; Positioned as a basis‑driven acquisition below replacement cost.