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4-Unit Quadplex with Updated Exterior
For Sale
$162,500

135 E WASHINGTON Street, Rushville, IL 62681

MULTI_FAMILY - Rushville, IL

Property SizeContact for details
Days on Market288

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 Bedroom 5, Bathroom 4, Bedroom 3, Bedroom 1, Bathroom 2, Bathroom 3, Bedroom 2, Bathroom 1, Bedroom 4, Bedroom 6
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: Aug 7 Last Checked: Aug 21 at 12:06AM
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 4-unit quadplex offers brick and vinyl exterior with major updates already completed. New siding, roof, and most windows were completed in 2024, along with an updated sewer line to the street. The front yard is still settling.

Inside, the property includes multiple units with updates in progress and in place. Two units are currently rented. One unit is newly finished with fresh paint, new flooring, and a new bathroom. One unit is gutted and ready for rebuild, with HVAC on site and bathroom plumbing already updated. Unit #4 received new HVAC in 2025 with a 10-year warranty.

Additional improvements include a 2-car detached garage with new windows and extra siding to convey. The city has approved construction of an additional 4-unit structure along the alley where the main sewer line runs.

Key Highlights

  • Major exterior updates completed in 2024: new siding, roof, and most windows
  • Updated sewer line to the street in 2024; front yard still settling
  • Two units currently rented; one newly finished with fresh paint, new flooring, and new bathroom

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Building Supply Nail Salon Grocery & Convenience Store Skin Care Clinic 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

Multi-tenant
Tenancy

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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - 4-unit quadplex with brick and vinyl exterior, updated roof and siding, and a 2-car detached garage.
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: Major exterior updates completed in 2024: new siding, roof, and most windows; Updated sewer line to the street in 2024; front yard still settling; Two units currently rented; one newly finished with fresh paint, new flooring, and new bathroom
More about this property
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