8-Unit Apartment
For Sale
$599,990
113 NEWMAN Street, Durand, IL 61024
MULTIFAMILY, DURAND, IL
Property Size6,304 SF
Price / SF$95.18
Days on Market138
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 3, Bedroom 4, Bathroom 1, Bathroom 5, Bedroom 12, Bathroom 6, Bathroom 2, Bedroom 1, Bedroom 5, Bedroom 10, Bedroom 8, Bedroom 6, Bathroom 4, Bathroom 3, Bedroom 2, Bedroom 9, Bedroom 11, Bedroom 7
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: Aug 19
Last Checked: Sep 1 at 12:06PM
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 6,304-square-foot apartment property contains 8 units, with each apartment configured as 2 bedrooms and 1 bath. Four units have received recent interior repainting and are occupied by new tenants. Shared areas were improved last year with fresh paint, upgraded lighting, and new flooring.
Built in 1971, the building includes refrigerators, ranges, washers, and dryers. Heating is provided by electric baseboard systems, while wall-mounted units provide cooling. The property is located at 113 Newman Street in Durand, Illinois, within ZIP Code 61024. Its apartment configuration and updated common spaces provide a straightforward multifamily format for ownership or management.
Built in 1971, the building includes refrigerators, ranges, washers, and dryers. Heating is provided by electric baseboard systems, while wall-mounted units provide cooling. The property is located at 113 Newman Street in Durand, Illinois, within ZIP Code 61024. Its apartment configuration and updated common spaces provide a straightforward multifamily format for ownership or management.
Key Highlights
- 8‑unit apartment building totaling 6,304 square feet
- All 8 units include 2 bedrooms and 1 bath
- Four units recently repainted and leased to 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 - Residential income property with refreshed common areas and a two-bedroom, one-bath layout in every apartment.
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: 8‑unit apartment building totaling 6,304 square feet; All 8 units include 2 bedrooms and 1 bath; Four units recently repainted and leased to new tenants
