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5-Unit Mixed-Use Building
New
For Sale
$149,000

112 W Main Street, Mount Olive, IL 62069

Residential Income, Mount Olive, IL

Property Size4,000 SF
Lot Size0.17 Acres
Price / SF$37.25
Days on Market7

Property Features for 112 W Main Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 3
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 3, Bedroom 1, Bathroom 3, Basement, Bedroom 2, Bathroom 2, Bathroom 1
Basement Block
Subdivision Mount Olive
Elementary school MOUNT OLIVE DIST 5
Middle school MOUNT OLIVE DIST 5
High school Mt Olive Community High School
Elementary school district MOUNT OLIVE DIST 5
Middle school district MOUNT OLIVE DIST 5
High school district MOUNT OLIVE DIST 5
Standard status Active
APN 02-000-886-00
Size 4,000 SF
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 4503

Utilities

Heating system Forced Air
Cooling system Central Air, Multi Units

Amenities

off-street parking
individual HVAC and electrical metering

Building Details

Year built 1980
Floors in Building 2
Number of units 5
Building materials Brick, Vinyl Siding
Roof type Rolled Hot Mop, Rubber
Listing Agency: RE/MAX Alliance · RE/MAX International
Listed By: Mark Roberts · License #475208136
Added: Sep 29 Last Checked: Oct 5 at 3:06PM
MLS# 26062614

Copyright © 2026 Mid America Regional Information Systems, Inc. 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.

At 112 W Main Street, this 4,000-square-foot mixed-use property contains five units: two commercial spaces and three apartments. The residential mix includes two two-bedroom units and one one-bedroom unit. The apartments and commercial spaces are occupied, and the leases may be renegotiated by new ownership. Separate heating, cooling, and electric service allows occupants to manage their own utilities. The building was constructed in 1980 and has brick and vinyl siding.

The 0.1722-acre property is in Mount Olive, Illinois, with off-street parking behind the building. Its combination of commercial and residential space is arranged within a single property, with the apartments above the commercial areas.

Key Highlights

  • Five units: two commercial spaces, two 2‑bedroom apartments, and one 1‑bedroom apartment
  • 4,000 square feet on 0.1722 acres
  • All units are occupied; leases may be renegotiated by new ownership

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Electrical Service (Bike/Boat/Book/etc) Store Hair Salon Dental Office Bakery

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
Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

126
Businesses Nearby

Demographics for 62069, IL

3,076
Population
1,658
Households
1.9
Avg Household Size
46
Median Age
15%
College-Educated
90%
High-School Grad
29.1 sq mi
ZIP Area
106
Density / Sq Mi
$57,642
Median Household Income
$38,254
Median Earnings
$711
Median Rent
$105,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Mixed-use property - The property combines street-level commercial space with occupied apartments and rear off-street parking.
Where is this mixed-use property located?
The property is located at 112 W Main Street Mount Olive, IL.
What is the asking price?
The asking price for this property is $149,000.
What are key features of this property?
This property features: Five units: two commercial spaces, two 2‑bedroom apartments, and one 1‑bedroom apartment; 4,000 square feet on 0.1722 acres; All units are occupied; leases may be renegotiated by new ownership
More about this property
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