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Updated 4-Unit Quadplex
For Sale
$214,900

1688 State Street, Cazenovia, IL 61545

Four occupied residential units support an income-producing multifamily configuration in Cazenovia.

Property Size3,288 SF
Days on Market89

Property Features for 1688 State Street

General Information

Standard status Active
Size 3,288 SF
Total Parking Spaces 6
Property subtype Residential Income
Occupancy 100%

Additional Details

Multifamily Units 4

Taxes and HOA fees

Annual Taxes $5,445

Building Details

Building Size 3,288 SF
Year Built 1900
Units 4
Listing Agency: Keller Williams Revolution
Listed By: Angie Powers · License #475
Source: Shawneehillsrealestate
Added: Jun 5 Changed: Aug 31 Last Checked: Aug 31 at 5:12PM

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 Revolution

Investment Insights

Based on property information with market context.

Built in 1900, this four-unit multifamily property is located at 1688 State Street in Cazenovia, Illinois. All units are currently rented, providing an occupied residential configuration.

Capital improvements include a new roof, well, and septic system completed in 2012. A water filtration system was added in 2016, along with three new pumps for the boiler system.

Key Highlights

  • Four‑unit quadplex with all units currently rented
  • New roof, well, and septic system completed in 2012
  • Water filtration system installed in 2016

Property Analytics

Current Use

Quadplexes

Lease Details

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

7
Businesses Nearby

Demographics for 61545, IL

597
Population
371
Households
1.6
Avg Household Size
47
Median Age
28%
College-Educated
99%
High-School Grad
27.0 sq mi
ZIP Area
22
Density / Sq Mi
$75,822
Median Household Income
$61,964
Median Earnings
$1,266
Median Rent
$188,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Four occupied residential units support an income-producing multifamily configuration in Cazenovia.
Where is this quadplex located?
The property is located at 1688 State Street Cazenovia, IL.
What is the asking price?
The asking price for this property is $214,900.
What are key features of this property?
This property features: Four‑unit quadplex with all units currently rented; New roof, well, and septic system completed in 2012; Water filtration system installed in 2016
More about this property
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