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Brick Apartment Building
For Sale
$179,900

14 North Central Avenue Unit 107, Casey, IL 62420

The layout combines three-bedroom residences with smaller apartments in a converted office building.

Property Size5,131 SF
Price / SF$35.06
Days on Market91

Property Features for 14 North Central Avenue Unit 107

General Information

Standard status Active
Size 5,131 SF
Property subtype Residential Income / Multi Family
Zoning COM
Net Operating Income $24,438

Additional Details

Multifamily Units 9

Taxes and HOA fees

Annual Taxes $1,691

Amenities

Window Unit(s)
Electric, Other
Gas Water Heater
Yes

Building Details

Year Built 1900
Stories 2
Construction brick
Listing Agency: Stence Realty
Listed By: Reuben Stence · License #471020568
Source: Compass
Added: Jul 20 Changed: Oct 13 Last Checked: Oct 16 at 10:36AM

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 Stence Realty

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Located at 14 North Central Avenue, Unit 107, in Casey, Illinois, this 5,131-square-foot brick apartment building contains 9 units. The configuration includes three 3-bedroom apartments and six additional 1-unit apartments, providing a mix of residential layouts within a single structure.

Originally constructed in 1900, the building was previously used for offices before being converted to apartments. Interior features include window unit cooling, natural gas service, and a water heater. The property has averaged 90% occupancy over the last year and carries an Other zoning designation.

Key Highlights

  • 9‑unit apartment building with three 3‑bedroom units and six 1‑unit apartments
  • 5,131‑square‑foot brick building
  • 90% average occupancy over the last year

Property Analytics

Current Use

Eighteen-Ninety Sleepover Hotel & Motel Reschsiemer Law Office Law Firm

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Building Supply Pharmacy HVAC Service Dental Office

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

9
Residential units

Location Intelligence

Trade Area within ½ mile

330
Businesses Nearby

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

Frequently Asked Questions

What type of property is this?
Apartment building - The layout combines three-bedroom residences with smaller apartments in a converted office building.
Where is this apartment building located?
The property is located at 14 North Central Avenue Unit 107 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: 9‑unit apartment building with three 3‑bedroom units and six 1‑unit apartments; 5,131‑square‑foot brick building; 90% average occupancy over the last year
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