Two-Story Triplex with
For Sale
Contact for pricing
509 3rd Avenue, Sterling, IL 61081
Multifamily property with a renovated studio, multiple porches, and flexible month-to-month occupancy.
Property SizeContact for details
Days on Market143
Property Features for 509 3rd Avenue
General Information
Standard status
Active
Total Parking Spaces
3
Property subtype
Multifamily
Units
Unit Mix
1 x 2BR/1BA, 1 x 1BR/1BA, 1 x studio
Multifamily Units
3
Amenities
large porch
rear screened-in porch
Building Details
Buildings
1
Stories
2
Tenancy
Multi
Listing Agency:
Re/Max Sauk Valley
Listed By:
Tim McCaslin · License #IL 471002068
(815) 716-7653
Source:
Crexi
Added: Apr 13
Changed: Aug 31
Last Checked: Aug 30 at 7:04AM
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 Re/Max Sauk Valley
Investment Insights
Based on property information with market context.
This two-story triplex includes a two-bedroom apartment, a one-bedroom apartment, and a furnished studio. The studio received a complete renovation in 2019, while the property also benefits from a roof installed in 2018 and windows added in 2021. Original woodwork contributes period character throughout the units.
Outdoor features include a large front porch and a rear screened porch. A three-car garage provides additional functional space and may be rented separately. The landlord pays all utilities, and tenants handle landscaping. Current occupancy is on a month-to-month basis, offering flexibility for future leasing decisions.
Outdoor features include a large front porch and a rear screened porch. A three-car garage provides additional functional space and may be rented separately. The landlord pays all utilities, and tenants handle landscaping. Current occupancy is on a month-to-month basis, offering flexibility for future leasing decisions.
Key Highlights
- Triplex with two‑bedroom, one‑bedroom, and furnished studio units
- Studio completely renovated in 2019
- New roof installed in 2018
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
541
Businesses Nearby
Explore this area
Business Placement
Demographics for 61081, IL
21,064
Population
9,753
Households
2.2
Avg Household Size
43
Median Age
20%
College-Educated
91%
High-School Grad
124.4 sq mi
ZIP Area
169
Density / Sq Mi
$60,854
Median Household Income
$40,497
Median Earnings
$791
Median Rent
$121,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Multifamily property with a renovated studio, multiple porches, and flexible month-to-month occupancy.
Where is this triplex located?
The property is located at 509 3rd Avenue Sterling, IL.
What are key features of this property?
This property features: Triplex with two‑bedroom, one‑bedroom, and furnished studio units; Studio completely renovated in 2019; New roof installed in 2018
