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11-Unit Apartment Property
For Sale
$620,000
Pending

1609 South 22nd Street, Herrin, IL 62948

Multifamily asset with shared laundry space and washer-dryer hookups in every duplex unit.

Property SizeContact for details
Days on Market287

Property Features for 1609 South 22nd Street

General Information

Standard status Pending
Property subtype Multi Family 5+ / Multi Family 5+-Other / Multi Family 5+
Net Operating Income $68,060

Additional Details

Multifamily Units 11

Taxes and HOA fees

Annual Taxes $19,240

Amenities

laundry area
washer/dryer hookups

Building Details

Year Built 1992
Buildings 4
Stories 2
Listing Agency: PROPERTY WITH TLC, LLC
Listed By: TERESA CAMARATO · License #471001948
Source: Compass
Added: Nov 16, 2025 Changed: Aug 29 Last Checked: Aug 29 at 3:20PM

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 PROPERTY WITH TLC, LLC

Investment Insights

Based on property information with market context.

This apartment property contains 11 units arranged across one five-unit building and three duplex buildings. The five-unit structure includes a basement laundry area serving the building, while each duplex unit is equipped with washer and dryer hookups. Constructed in 1992, the property occupies a little over 4 acres at 1609 South 22nd Street in Herrin, Illinois.

Property access requires at least 24 hours’ notice, and prospective buyers must be preapproved before arranging a visit.

Key Highlights

  • 11 total units across a 5‑plex and 3 duplexes
  • Situated on a little over 4 acres
  • Basement laundry area serves the 5‑plex

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Electrical Service Skin Care Clinic HVAC Service

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

11
Residential units

Location Intelligence

Trade Area within ½ mile

216
Businesses Nearby

Demographics for 62948, IL

12,536
Population
6,177
Households
2
Avg Household Size
40
Median Age
24%
College-Educated
92%
High-School Grad
20.0 sq mi
ZIP Area
627
Density / Sq Mi
$59,031
Median Household Income
$40,633
Median Earnings
$1,010
Median Rent
$112,400
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?
Apartment building - Multifamily asset with shared laundry space and washer-dryer hookups in every duplex unit.
Where is this apartment building located?
The property is located at 1609 South 22nd Street Herrin, IL.
What is the asking price?
The asking price for this property is $620,000.
What are key features of this property?
This property features: 11 total units across a 5‑plex and 3 duplexes; Situated on a little over 4 acres; Basement laundry area serves the 5‑plex
More about this property
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