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Apartment Complex with Onsite Office
For Sale
$875,000

210 North 12th Street Unit 206N, Mount Vernon, IL 62864

Five-building multifamily property with one- and two-bedroom units, office space, and MULTI zoning.

Property SizeContact for details
Days on Market991

Property Features for 210 North 12th Street Unit 206N

General Information

Standard status Active
Property subtype Multi Family 5+ / Multi Family 5+-Other / Multi Family 5+
Zoning MULTI
Net Operating Income $1.00

Units

Unit Mix 19 x 1BR, 2 x 2BR
Multifamily Units 21

Taxes and HOA fees

Annual Taxes $14,597,644

Building Details

Year Built 1965
Buildings 5
Stories 2
Listing Agency: Buy Home Realty
Listed By: PAMELA KIRKPATRICK · License #471013838
Source: Compass
Added: Dec 14, 2023 Changed: Aug 30 Last Checked: Aug 30 at 9:53AM

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 Buy Home Realty

Investment Insights

Based on property information with market context.

This multifamily property includes five buildings with 19 one-bedroom apartments and two two-bedroom apartments, along with an onsite office. The property was built in 1965 and includes a shop/office, shed, and three vacant lots. MULTI zoning supports its apartment-building classification.

Recent work includes replacement water tanks, window units, flooring, interior paint, and roofing. The property addresses include 200 N 12th, 206 N 12th, 210 N 12th, and 1114 Harrison in Mount Vernon, Illinois. Detailed property information is available for review.

Key Highlights

  • Five‑building multifamily property with 19 one‑bedroom units and 2 two‑bedroom units
  • Onsite office plus a shop/office and shed
  • Three vacant lots included with the property

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Furniture & Home Goods (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Electrical Service 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

21
Residential units

Location Intelligence

Trade Area within ½ mile

730
Businesses Nearby

Demographics for 62864, IL

23,327
Population
11,105
Households
2.1
Avg Household Size
41
Median Age
21%
College-Educated
94%
High-School Grad
143.0 sq mi
ZIP Area
163
Density / Sq Mi
$58,082
Median Household Income
$36,440
Median Earnings
$882
Median Rent
$117,600
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-building multifamily property with one- and two-bedroom units, office space, and MULTI zoning.
Where is this apartment building located?
The property is located at 210 North 12th Street Unit 206N Mount Vernon, IL.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Five‑building multifamily property with 19 one‑bedroom units and 2 two‑bedroom units; Onsite office plus a shop/office and shed; Three vacant lots included with the property
More about this property
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