Nine-Unit Multifamily
New
For Sale
Contact for pricing
14 North Central Avenue, Casey, IL 62420
Commercially zoned asset with nine occupied apartments, an owner-use office, and storage space with conversion potential.
Property Size8,912 SF
Price / SF$20.19
Days on Market6
Property Features for 14 North Central Avenue
General Information
Standard status
Active
Size
8,912 SF
Class
C
Property subtype
Multifamily
Zoning
Commercial
Occupancy
100%
Investment Type
Value Add
Net Operating Income
$24,438
Additional Details
Multifamily Units
9
Building Details
Year Built
1900
Buildings
1
Stories
2
Units
11
Tenancy
Multi
Listing Agency:
Keller Williams TREC
Listed By:
Blake McWilliams · License #475204739
(618) 508-1808
Source:
Crexi
Added: Aug 31
Changed: Sep 4
Last Checked: Sep 4 at 11:34AM
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 Keller Williams TREC
Investment Insights
Based on property information with market context.
Located at 14 North Central Avenue in downtown Casey, this 8,912-square-foot multifamily property contains nine apartments that are fully rented. The building also includes an office currently used by the owner and a separate storage unit that may be converted into an additional apartment, subject to applicable approvals.
The property carries Commercial zoning and was built in 1900. Its downtown setting places it near local shops and Casey’s walkable central area, which also includes the community’s “Big Things Small Town” attractions and visitor activity. The existing apartment count, office component, and additional storage area create a varied configuration within one multifamily asset.
The property carries Commercial zoning and was built in 1900. Its downtown setting places it near local shops and Casey’s walkable central area, which also includes the community’s “Big Things Small Town” attractions and visitor activity. The existing apartment count, office component, and additional storage area create a varied configuration within one multifamily asset.
Key Highlights
- Nine fully rented apartments
- 8,912 square feet in downtown Casey
- Commercial zoning
Property Analytics
Property Profile
Current Use
Lease Details
9
Residential units
Location Intelligence
Trade Area within ½ mile
330
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Commercially zoned asset with nine occupied apartments, an owner-use office, and storage space with conversion potential.
Where is this multifamily property located?
The property is located at 14 North Central Avenue Casey, IL.
What is the asking price?
The asking price for this property is $179,900.
What are key features of this property?
This property features: Nine fully rented apartments; 8,912 square feet in downtown Casey; Commercial zoning
