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Quadplex With Garage Storage
New
For Sale
$495,000

118 W North Street, Plano, IL 60545

Fully leased four-unit property with updated laundry facilities, individual storage, and outdoor parking.

Property SizeContact for details
Lot Size0.33 Acres
Days on Market7

Property Features for 118 W North Street

General Information

Standard status Active
Total Parking Spaces 10
Lot size 0.33 Acres
Property subtype Residential Income
Occupancy 100%

Additional Details

Multifamily Units 4

Taxes and HOA fees

Annual Taxes $10,418

Amenities

coin-operated laundry
storage units

Building Details

Year Built 1958
Buildings 1
Listing Agency: Excel Realty Group
Listed By: Angelica LaCorte
Source: Exit2newbeginningz
Added: Aug 17 Changed: Aug 22 Last Checked: Aug 22 at 7:46AM

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 Excel Realty Group

Investment Insights

Based on property information with market context.

Built in 1958, this four-unit residential income property is fully rented and includes individual storage compartments in the garage for each apartment. Recent improvements include new water heaters and brand-new coin-operated washer and dryer facilities for tenant use. Exterior parking accommodates residents and guests.

The property occupies a double lot measuring approximately 120' x 120' at 118 W North Street in Plano, Illinois. Local shops, restaurants, and downtown Plano amenities are within walking distance. The roof is approximately 11 years old.

Key Highlights

  • Four‑unit building is fully rented
  • Brand‑new coin‑operated washer and dryer facilities
  • New water heaters

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office HVAC Service (Bike/Boat/Book/etc) Store Gym & Fitness Center

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

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

405
Businesses Nearby

Demographics for 60545, IL

13,888
Population
4,982
Households
2.8
Avg Household Size
34
Median Age
27%
College-Educated
93%
High-School Grad
36.6 sq mi
ZIP Area
379
Density / Sq Mi
$84,920
Median Household Income
$47,134
Median Earnings
$1,571
Median Rent
$235,500
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?
Quadplex - Fully leased four-unit property with updated laundry facilities, individual storage, and outdoor parking.
Where is this quadplex located?
The property is located at 118 W North Street Plano, IL.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Four‑unit building is fully rented; Brand‑new coin‑operated washer and dryer facilities; New water heaters
More about this property
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