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Turn-Key Short-Term Rental Property
For Sale
Contact for pricing
Pending

310 S East St, Orangeville, IL 61060

Approximately 30,000 SF former grade school converted to Airbnb with 18 furnished, turnkey units.

Property Size30,000 SF
Days on Market122

Property Features for 310 S East St

General Information

Standard status Pending
Size 30,000 SF
Property subtype Mixed Use

Additional Details

Furnished Yes
Multifamily Units 18
Listing Agency: A-1 Agency
Listed By: Brian Borchardt · License #IL 471004534
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Aug 10 at 10:38AM

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 A-1 Agency

Investment Insights

Based on property information with market context.

This offering includes approximately 30,000 SF that was formerly a grade school and has been converted to an Airbnb short-term rental setup. The property is presented as completely furnished and turn key, with 18 units in place. Public remarks indicate the units are like new, though the building size is approximate.

The property is located at 310 S East St in Orangeville, IL 61060. The seller notes that creative financing may be possible.

This is an income-oriented residential property for sale, with the current configuration focused on short-term stays as converted from the original school layout.

Key Highlights

  • Approximately 30,000 SF former grade school converted to Airbnb
  • 18 units, offered for sale completely furnished and turnkey
  • Units are described as like new

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Electrical Service Plumbing Service Grocery & Convenience Store Bakery Kitchen & Bath Showroom Hair Salon

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

18
Residential units

Location Intelligence

Trade Area within ½ mile

75
Businesses Nearby

Demographics for 61060, IL

1,387
Population
710
Households
2
Avg Household Size
44
Median Age
20%
College-Educated
94%
High-School Grad
36.6 sq mi
ZIP Area
38
Density / Sq Mi
$73,688
Median Household Income
$45,000
Median Earnings
$689
Median Rent
$156,800
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?
Short term rental property - Approximately 30,000 SF former grade school converted to Airbnb with 18 furnished, turnkey units.
Where is this short term rental property located?
The property is located at 310 S East St Orangeville, IL.
What are key features of this property?
This property features: Approximately 30,000 SF former grade school converted to Airbnb; 18 units, offered for sale completely furnished and turnkey; Units are described as like new
(815) 238-2015 Call to check price and availability
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