Building Details

Buildings 2

Listing Agency: Mr. Landman j***@gmail.com Show Phone

Listed By: Jon Fisher · License #IN RB18000549

Source: Crexi

Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 12:20PM

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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 Mr. Landman

Investment Insights

Based on property information with market context.

This apartment property in Casey, Illinois, consists of two buildings containing seven residences. The smaller structure is a duplex with two-bedroom, one-bath layouts and a one-car garage for each unit. The second building contains five one-bedroom, one-bath apartments. Every residence includes a washer and dryer.

Building improvements include newer vinyl siding and steel roofing. The grounds are landscaped, with parking available on site and along the road for residents and guests. Tenants separately handle water, gas, electric, and garbage service, while the owner is responsible for property taxes, insurance, repairs, and maintenance. The current owner also manages mowing and maintenance locally.

Key Highlights

• Seven‑unit apartment property arranged across two buildings
• Duplex includes two‑bedroom, one‑bath units with one‑car garages
• Five additional apartments feature one‑bedroom, one‑bath layouts

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency HVAC Service Auto Parts Store Law Firm Pharmacy 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

7

Residential units

Location Intelligence

Trade Area within ½ mile

320

Businesses Nearby

Explore this area Business Placement

Demographics for 62420, IL

4,196

Population

2,140

Households

2

Avg Household Size

45

Median Age

17%

College-Educated

91%

High-School Grad

123.2 sq mi

ZIP Area

34

Density / Sq Mi

$68,235

Median Household Income

$40,182

Median Earnings

$738

Median Rent

$122,000

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 - Mixed one- and two-bedroom layouts with laundry in every residence.

Where is this apartment building located?

The property is located at 311 NW 2nd St Casey, IL.

What are key features of this property?

This property features: Seven‑unit apartment property arranged across two buildings; Duplex includes two‑bedroom, one‑bath units with one‑car garages; Five additional apartments feature one‑bedroom, one‑bath layouts