Updated 8-Unit Apartment
For Sale
$599,990
113 Newman St, Durand, IL 61024
Eight two-bedroom apartments feature refreshed common areas, with four units recently repainted and occupied by new tenants.
Property Size6,304 SF
Price / SF$95.18
Days on Market136
Property Features for 113 Newman St
General Information
Standard status
Active
Size
6,304 SF
Property subtype
Residential Income
Units
Unit Mix
8 x 2BR/1BA
Multifamily Units
8
Taxes and HOA fees
Annual Taxes
$8,701
Building Details
Buildings
1
Listing Agency:
DICKERSON & NIEMAN
(815) 979-3136
Listed By:
Seaver Sisler · License #475.200242
(815) 979-3136
Source:
Exprealty
Added: Apr 17
Changed: Aug 29
Last Checked: Aug 29 at 11:27PM
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 DICKERSON & NIEMAN
Investment Insights
Based on property information with market context.
This 6,304-square-foot apartment building at 113 Newman St in Durand, IL contains eight residential units. Each apartment offers two bedrooms and one bathroom, creating a consistent unit layout across the property.
Recent work includes repainting four apartments, which also have new tenants. Common-area improvements completed last year included fresh paint, updated lighting, and new flooring. The property combines a uniform unit mix with completed updates to both select apartments and shared spaces.
Recent work includes repainting four apartments, which also have new tenants. Common-area improvements completed last year included fresh paint, updated lighting, and new flooring. The property combines a uniform unit mix with completed updates to both select apartments and shared spaces.
Key Highlights
- 8‑unit apartment building totaling 6,304 square feet
- Each unit includes 2 bedrooms and 1 bathroom
- Four units recently repainted and have new tenants
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 - Eight two-bedroom apartments feature refreshed common areas, with four units recently repainted and occupied by new tenants.
Where is this apartment building located?
The property is located at 113 Newman St 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: 8‑unit apartment building totaling 6,304 square feet; Each unit includes 2 bedrooms and 1 bathroom; Four units recently repainted and have new tenants
