Updated 8-Unit Apartment
For Sale
$599,990
113 NEWMAN Street, Durand, IL 61024
MULTI_FAMILY - DURAND, IL
Property Size6,304 SF
Price / SF$95.18
Days on Market105
Property Features for 113 NEWMAN Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
12
Bathrooms
6
Full bathrooms
6
Rooms
Bedroom 7, Bedroom 10, Bedroom 11, Bathroom 2, Bathroom 6, Bedroom 1, Bathroom 4, Bedroom 9, Bedroom 12, Bedroom 5, Bedroom 6, Bedroom 4, Bedroom 3, Bathroom 3, Bathroom 1, Bathroom 5, Bedroom 2, Bedroom 8
Parking
9
Appliances
Dryer, Refrigerator, Stove/Cooktop, Washer
Elementary school
Durand Elementary
Middle school
Durand Jr High
High school
Durand High
Elementary school district
Durand 322
Middle school district
Durand 322
High school district
Durand 322
Subdivision
Winnebago County
Standard status
Active
APN
0515229002
Size
6,304 SF
Taxes and HOA fees
Tax Year
2024
Tax Description
TO FOLLOW
Tax Annual Amount
8701
Legal Description
TO FOLLOW
Utilities
Heating system
Electric (Heating), Baseboard
Cooling system
Wall Unit(s)
Building Details
Year built
1971
Floors in Building
2
Number of units
8
Listing Agency:
DICKERSON & NIEMAN
(815) 227-5900
Listed By:
Seaver Sisler · License #475.200242
(815) 979-3136
Added: Apr 17
Changed: Jun 8
Last Checked: Jul 30 at 1:06PM
MLS# 202602141
Copyright © 2026 NorthWest Illinois Alliance of REALTORS. 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 is an opportunity to own a recently updated 8-unit apartment building located in Durand, Illinois. The property contains 8 units, each featuring 2 bedrooms and 1 bath. Recent improvements include repainting four of the units and securing new tenants for them. The common areas were updated last year with new paint, lighting, and flooring. The property size is 6304 square feet. The annual property taxes are $8700. Monthly expenses include $190 for electricity in common areas, $154 for the garage, and $562 for water and sewer.
Key Highlights
- Recently updated 8‑unit apartment building in Durand, with each unit offering 2 bedrooms and 1 bathroom
- Recent unit updates: four units repainted and have new tenants
- Common areas updated with new paint, lighting, and flooring (last year)
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
Location Intelligence
Trade Area within ½ mile
119
Businesses Nearby
Explore this area
Business Placement
Demographics for 61024, IL
2,456
Population
1,024
Households
2.4
Avg Household Size
45
Median Age
20%
College-Educated
93%
High-School Grad
59.1 sq mi
ZIP Area
42
Density / Sq Mi
$73,152
Median Household Income
$46,094
Median Earnings
$722
Median Rent
$153,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Recently updated 8-unit apartment building in Durand, Illinois.
Where is this apartment building located?
The property is located at 113 NEWMAN Street Durand, IL.
What is the asking price?
The asking price for this property is $599,990.
What are key features of this property?
This property features: Recently updated 8‑unit apartment building in Durand, with each unit offering 2 bedrooms and 1 bathroom; Recent unit updates: four units repainted and have new tenants; Common areas updated with new paint, lighting, and flooring (last year)
