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Updated 4-Unit Quadplex
For Sale
$162,500

135 E WASHINGTON Street, Rushville, IL 62681

Residential Income, Rushville, IL

Property SizeContact for details
Days on Market324

Property Features for 135 E WASHINGTON Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 2, Bedroom 5, Bathroom 4, Bathroom 1, Bedroom 6, Bedroom 2, Bathroom 3, Bedroom 3, Bedroom 4, Bedroom 1
Parking 4
Parking features On Street
Basement Partial
Lot features Level
High school Schulyer-Industry Unit 5
Directions E on Washington to 135
Standard status Active
APN 08-30-334-009

Taxes and HOA fees

Tax Year 2025
Tax Description 291' N & S X 103' E & W LOT 5 WM MANLOVE'S ADDITION
Tax Annual Amount 3783
Legal Description 291' N & S X 103' E & W LOT 5 WM MANLOVE'S ADDITION

Utilities

Heating system Natural Gas
Water source Public

Building Details

Number of units 4
Building materials Brick
Roof type Shingle
Listing Agency: Happel, Inc., REALTORS
Listed By: Jacquelyn Weisenburger · License #475141177
Added: Nov 6, 2025 Changed: Sep 17 Last Checked: Sep 26 at 5:06PM
MLS# CA1040404

Copyright © 2026 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This four-unit residential income property in Rushville combines a brick-and-vinyl exterior with substantial recent improvements. The roof, siding, and most windows were completed in 2024, while the sewer connection to the street has also been updated. Three units have been recently remodeled, and Unit #4 received a new HVAC system in 2025 with a 10-year warranty.

The property includes a detached two-car garage with replacement windows and additional siding conveying with the sale. Public water, natural gas heat, a shingle roof, and on-street parking are in place. The city has approved construction of an additional four-unit building along the alley, with the main sewer line running through that area.

Key Highlights

  • Four‑unit residential income property in Rushville
  • Roof, siding, and most windows completed in 2024
  • Three units recently updated or remodeled

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Building Supply Nail Salon Grocery & Convenience Store Furniture & Home Goods Pharmacy

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

411
Businesses Nearby

Demographics for 62681, IL

5,284
Population
2,505
Households
2.1
Avg Household Size
47
Median Age
19%
College-Educated
92%
High-School Grad
177.0 sq mi
ZIP Area
30
Density / Sq Mi
$66,809
Median Household Income
$41,938
Median Earnings
$823
Median Rent
$106,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Quadplex - Brick-and-vinyl income property with renovated units, recent exterior improvements, and approved plans for additional residential construction.
Where is this quadplex located?
The property is located at 135 E WASHINGTON Street Rushville, IL.
What is the asking price?
The asking price for this property is $162,500.
What are key features of this property?
This property features: Four‑unit residential income property in Rushville; Roof, siding, and most windows completed in 2024; Three units recently updated or remodeled
More about this property
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