15-Unit Multifamily
For Lease
Contact for pricing
1811 South Illinois Avenue, Weslaco, TX 78596
Fifteen 2-bedroom, 1-bath units make this a practical option for stabilized rental operations.
Space Size710 SF
Property Size10,659 SF
Days on Market102
Property Features for 1811 South Illinois Avenue
General Information
Standard status
Active
Size
710 SF
Class
B
Property subtype
Retail
Additional Details
Multifamily Units
15
Building Details
Building Size
10,659 SF
Year Built
2011
Tenancy
Multiple
Spaces For Lease
at 1811 South Illinois Avenue Contact us- Size
- 710 SF
- Availability
- Active
15 units
Listing Agency:
Ursa Real Estate, LLC
Listed By:
Marc Moran · License #TREC # 0504281
Source:
Crexi
Added: May 29
Changed: Sep 4
Last Checked: Sep 5 at 11:40PM
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 Ursa Real Estate, LLC
Investment Insights
Based on property information with market context.
The property is a 15-unit multifamily building offering a consistent unit mix of fifteen 2-bedroom, 1-bath apartments. The asset is structured as a larger residential income property, supporting straightforward management across the same primary layout type.
The building is located at 1811 South Illinois Avenue in Weslaco, Texas. The offering is presented as owner financing available, which may provide flexibility for qualified buyers compared with relying solely on traditional lending.
This property fits buyers or operators looking for a multi-unit rental portfolio with repeatable unit configuration across all units. It is available for rent as a multifamily investment; however, the remarks note that traditional financing is available and that no creative financing is being offered. Owner financing availability is highlighted as part of the purchase terms for eligible purchasers.
The building is located at 1811 South Illinois Avenue in Weslaco, Texas. The offering is presented as owner financing available, which may provide flexibility for qualified buyers compared with relying solely on traditional lending.
This property fits buyers or operators looking for a multi-unit rental portfolio with repeatable unit configuration across all units. It is available for rent as a multifamily investment; however, the remarks note that traditional financing is available and that no creative financing is being offered. Owner financing availability is highlighted as part of the purchase terms for eligible purchasers.
Key Highlights
- 15‑unit multifamily property at 1811 S Illinois Ave, Weslaco, TX
- Built in 2011
- Unit mix: fifteen 2‑bedroom, 1‑bath units (all 2BD/1BA)
Property Analytics
Property Profile
Current Use
Lease Details
15
Residential units
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
728
Businesses Nearby
Explore this area
Business Placement
Demographics for 78596, TX
37,329
Population
15,824
Households
2.4
Avg Household Size
36
Median Age
21%
College-Educated
75%
High-School Grad
40.1 sq mi
ZIP Area
931
Density / Sq Mi
$53,797
Median Household Income
$31,618
Median Earnings
$917
Median Rent
$92,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Fifteen 2-bedroom, 1-bath units make this a practical option for stabilized rental operations.
Where is this apartment building located?
The property is located at 1811 South Illinois Avenue Weslaco, TX.
What are key features of this property?
This property features: 15‑unit multifamily property at 1811 S Illinois Ave, Weslaco, TX; Built in 2011; Unit mix: fifteen 2‑bedroom, 1‑bath units (all 2BD/1BA)
