Quadplex Multifamily
For Sale
Contact for pricing
1010 S Washington St, Paxton, IL 60957
Two nearby multifamily parcels combine renovated apartments, varied building improvements, and in-place tenants in Paxton.
Property SizeContact for details
Days on Market143
Property Features for 1010 S Washington St
General Information
Standard status
Active
Property subtype
Multifamily
Additional Details
Multifamily Units
10
Listing Agency:
Mr. Landman
(217) 202-0924
Listed By:
Jon Fisher · License #IN RB18000549
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 31 at 5:10AM
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 Paxton multifamily portfolio includes two parcels located within a couple of city blocks. The Washington Street property contains four 2-bedroom, 1-bath apartments constructed in 2004, each with a kitchen, living room, and utility room. Apartments 1, 2, and 3 received new flooring, doors, trim, and cabinets. The roof and HVAC are believed to be original, while two water heaters are believed to have been replaced.
The High Street parcel contains three duplex buildings constructed in 1962, creating six additional units. Roofs are estimated to be 10–12 years old, and Unit A has a new HVAC system. The remaining HVAC and water-heater ages vary. All ten units include washers and dryers, stoves, and refrigerators; four washer/dryer sets and two refrigerators and stoves are new.
The owner pays garbage service, some water, and yard maintenance. Tenants are directly billed for electricity and gas. Both parcels border the local town cemetery and are approximately 25 miles north of Champaign, IL.
The High Street parcel contains three duplex buildings constructed in 1962, creating six additional units. Roofs are estimated to be 10–12 years old, and Unit A has a new HVAC system. The remaining HVAC and water-heater ages vary. All ten units include washers and dryers, stoves, and refrigerators; four washer/dryer sets and two refrigerators and stoves are new.
The owner pays garbage service, some water, and yard maintenance. Tenants are directly billed for electricity and gas. Both parcels border the local town cemetery and are approximately 25 miles north of Champaign, IL.
Key Highlights
- Two multifamily parcels within a couple city blocks of each other in Paxton, IL
- 10 total units: a 4‑unit complex plus three duplex buildings
- 1010 S. Washington Street: four 2‑bedroom, 1‑bath units constructed in 2004
Property Analytics
Property Profile
Current Use
Lease Details
10
Residential units
Location Intelligence
Trade Area within ½ mile
106
Businesses Nearby
Explore this area
Business Placement
Demographics for 60957, IL
5,499
Population
2,627
Households
2.1
Avg Household Size
41
Median Age
23%
College-Educated
95%
High-School Grad
104.9 sq mi
ZIP Area
52
Density / Sq Mi
$66,741
Median Household Income
$45,213
Median Earnings
$920
Median Rent
$122,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Quadplex - Two nearby multifamily parcels combine renovated apartments, varied building improvements, and in-place tenants in Paxton.
Where is this quadplex located?
The property is located at 1010 S Washington St Paxton, IL.
What are key features of this property?
This property features: Two multifamily parcels within a couple city blocks of each other in Paxton, IL; 10 total units: a 4‑unit complex plus three duplex buildings; 1010 S. Washington Street: four 2‑bedroom, 1‑bath units constructed in 2004
