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Two-Unit Residential Income Property
For Sale
$130,000

123 W Waupansie Street, Dwight, IL 60420

MULTI_FAMILY - Dwight, IL

Lot Size0.17 Acres
Days on Market297

Property Features for 123 W Waupansie Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 6
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bedroom 4, Bathroom 2, Bedroom 2, Bedroom 6, Bedroom 5, Bedroom 3, Bathroom 1, Basement
Parking 6
Parking features Off Alley, Assigned
Basement Unfinished, Full
Elementary school Dwight Common School
Middle school Dwight Common School
High school Dwight Township High School
Elementary school district 232
Middle school district 232
High school district 230
Directions 47 to E Waupansie St - West on E Waupansie St to Property - Property is on the left hand side
Subdivision Dwight
Standard status Active
APN 050504379003
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 3823

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Water source Public

Building Details

Year built 1908
Building materials Aluminum Siding
Roof type Metal
Listing Agency: Keller Williams Infinity · Keller Williams Realty
Listed By: Kamil Tharani · License #475171491
Added: Oct 7, 2025 Changed: Jul 29 Last Checked: Jul 30 at 6:06PM
MLS# 12441642

Copyright © 2026 Midwest Real Estate Data, LLC. 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 two-unit residential income property offers a straightforward duplex setup with each unit featuring three bedrooms and one full bathroom. The main floor unit is currently tenant-occupied, supporting immediate rental occupancy. Utilities are paid by the tenants, which can help streamline owner expenses and simplify day-to-day property management. The property is zoned for multi-family use, aligning with its existing duplex configuration.

Located at 123 W Waupansie Street in Dwight, the home sits in a quiet residential neighborhood. It’s positioned with convenient access to local amenities, schools, and transportation, which can be helpful for tenant convenience and overall livability.

For investors or owner-operators seeking a manageable rental structure, the combination of two self-contained units and a currently tenant-occupied main floor may be attractive. With both units laid out similarly at three bedrooms and one full bath, it can be easier to market and maintain consistent unit standards. Tenants paying utilities further reduces the owner’s involvement with utility billing. This is a practical option for those looking to add a duplex-style residential property to a rental portfolio.

Key Highlights

  • 2‑unit residential property at 123 W Waupansie St in Dwight
  • Each unit has 3 bedrooms and 1 full bathroom
  • Main floor unit is currently tenant‑occupied

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Law Firm Hair Salon (Bike/Boat/Book/etc) Store Bakery Grocery & Convenience Store

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

319
Businesses Nearby

Demographics for 60420, IL

4,701
Population
2,002
Households
2.3
Avg Household Size
44
Median Age
21%
College-Educated
93%
High-School Grad
96.7 sq mi
ZIP Area
49
Density / Sq Mi
$68,184
Median Household Income
$38,973
Median Earnings
$984
Median Rent
$161,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Duplex with two 3-bedroom units, including a tenant-occupied main floor, with utilities paid by tenants.
Where is this duplex located?
The property is located at 123 W Waupansie Street Dwight, IL.
What is the asking price?
The asking price for this property is $130,000.
What are key features of this property?
This property features: 2‑unit residential property at 123 W Waupansie St in Dwight; Each unit has 3 bedrooms and 1 full bathroom; Main floor unit is currently tenant‑occupied
More about this property
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