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Two-Home Multifamily Property
For Sale
$70,000

1405 1/2 S 19th Ave 1405, Viola, IL 61486

Two separate residences share one parcel, each with its own driveway and remaining appliances.

Property SizeContact for details
Days on Market48

Property Features for 1405 1/2 S 19th Ave 1405

General Information

Standard status Active
Property subtype Multi-Family

Building Details

Year Built 1900
Listing Agency: RE/MAX Country Crossroads
Listed By: Sharon Esslinger
Source: Illianahomesource
Added: Jul 16 Changed: Aug 31 Last Checked: Aug 31 at 5:44PM

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 RE/MAX Country Crossroads

Investment Insights

Based on property information with market context.

This multifamily property includes two homes on a single lot, with one bedroom in each residence. Appliances remain in both homes, and each has a dedicated driveway. The property dates to 1900, with circuit-breaker service in the front home and fuse-type service in the rear. Both residences have older furnaces.

The front home is occupied under a month-to-month arrangement, while the rear home is vacant. Residents are responsible for their own utilities. Showings of the front residence require 24-hour notice.

Key Highlights

  • Two residences on one lot, each with 1 bedroom
  • Separate driveway provided for each home
  • Appliances remain in both residences

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Grocery & Convenience Store Garden Center Parking Lot & Garage Cafe & Coffee Shop Nail Salon Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

70
Businesses Nearby

Demographics for 61486, IL

1,383
Population
694
Households
2
Avg Household Size
46
Median Age
18%
College-Educated
93%
High-School Grad
43.4 sq mi
ZIP Area
32
Density / Sq Mi
$71,786
Median Household Income
$42,117
Median Earnings
$833
Median Rent
$126,000
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?
Multifamily property - Two separate residences share one parcel, each with its own driveway and remaining appliances.
Where is this multifamily property located?
The property is located at 1405 1/2 S 19th Ave 1405 Viola, IL.
What is the asking price?
The asking price for this property is $70,000.
What are key features of this property?
This property features: Two residences on one lot, each with 1 bedroom; Separate driveway provided for each home; Appliances remain in both residences
More about this property
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