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Apartment Building with 56 Units
For Sale
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117 W Polk Ave, Charleston, IL 61920

For sale, 56-unit apartment property in Charleston, Illinois.

Property SizeContact for details
Days on Market122

Property Features for 117 W Polk Ave

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Multifamily Units 56
Listing Agency: Catalyst Property Group
Listed By: Kyle Winston · License #00252196
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 7:45AM

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 Catalyst Property Group

Investment Insights

Based on property information with market context.

MAC Apartments is a 56-unit apartment building offered for sale as a residential income property. The offering is positioned for buyers interested in implementing value-add improvements.

The property is located at 117 W Polk Ave in Charleston, Illinois.

With 56 units, the building provides a multifamily income opportunity for investors looking to purchase an apartment asset in a submarket described as thriving in the offering materials.

Key Highlights

  • 56‑unit apartment property for sale in Charleston, Illinois

Property Analytics

Current Use

Carlyle Rentals Apartment Building

Suggested Use

Top Pick Garden Center Computer & Electronic Repair (Bike/Boat/Book/etc) Store Bakery Home Appliance Store Plumbing Service

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

56
Residential units

Location Intelligence

Trade Area within ½ mile

33
Businesses Nearby

Demographics for 61920, IL

20,847
Population
9,786
Households
2.1
Avg Household Size
34
Median Age
35%
College-Educated
93%
High-School Grad
148.3 sq mi
ZIP Area
141
Density / Sq Mi
$54,229
Median Household Income
$27,949
Median Earnings
$823
Median Rent
$144,700
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 - For sale, 56-unit apartment property in Charleston, Illinois.
Where is this apartment building located?
The property is located at 117 W Polk Ave Charleston, IL.
What are key features of this property?
This property features: 56‑unit apartment property for sale in Charleston, Illinois
(913) 375-8254 Call to check price and availability
More about this property
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