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Updated Apartment Building
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For Sale
$330,000

419 W Main St, Du Quoin, IL 62832

Five-unit residential property with remodeled interiors, modern mechanical systems, and consistent two-bedroom layouts.

Property Size4,900 SF
Days on Market6

Property Features for 419 W Main St

General Information

Standard status Active
Size 4,900 SF
Property subtype Residential Income

Units

Unit Mix 5 x 2BR/1BA
Multifamily Units 5

Taxes and HOA fees

Annual Taxes $4,005

Building Details

Building Size 4,900 SF
Year Built 1976
Year Renovated 2021
Buildings 1
Units 5
Listing Agency: Property Peddler, Inc
Listed By: Brad Chandler · License #475162275
Source: Nesterrealty
Added: Aug 24 Changed: Aug 28 Last Checked: Aug 29 at 10:19AM

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 Property Peddler, Inc

Investment Insights

Based on property information with market context.

This apartment building contains five units, each configured with two bedrooms and one bathroom. The property received substantial updates in 2021, including high-efficiency HVAC systems, five new hot water heaters, electrical panels, renovated kitchens with Forevermark cabinets, granite countertops, and stainless steel appliances. Bathrooms were also rebuilt with new shower enclosures, vanities, toilets, and fixtures. New flooring, paint, switches, outlets, and light fixtures completed the interior improvements.

A new roof was installed in 2018. The property is located at 419 W Main St in Duquoin, Illinois, and combines a uniform unit mix with extensive recent improvements across the building.

Key Highlights

  • Five‑unit apartment property with 2 bedrooms and 1 bathroom in each unit
  • 2021 installation of high‑efficiency HVAC systems and five new hot water heaters
  • 2021 kitchen renovations with Forevermark cabinets, granite countertops, and stainless steel appliances

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Building Supply Pharmacy Parking Lot & Garage Dental Office Bakery

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

5
Residential units

Location Intelligence

Trade Area within ½ mile

314
Businesses Nearby

Demographics for 62832, IL

8,921
Population
4,256
Households
2.1
Avg Household Size
43
Median Age
13%
College-Educated
89%
High-School Grad
97.9 sq mi
ZIP Area
91
Density / Sq Mi
$57,324
Median Household Income
$34,955
Median Earnings
$716
Median Rent
$94,600
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 - Five-unit residential property with remodeled interiors, modern mechanical systems, and consistent two-bedroom layouts.
Where is this apartment building located?
The property is located at 419 W Main St Du Quoin, IL.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: Five‑unit apartment property with 2 bedrooms and 1 bathroom in each unit; 2021 installation of high‑efficiency HVAC systems and five new hot water heaters; 2021 kitchen renovations with Forevermark cabinets, granite countertops, and stainless steel appliances
More about this property
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