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Brick Apartment Building with Five Units
For Sale
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209 S CENTRAL AVE, Casey, IL 62420

Solid brick rental building featuring five large apartments with separate utility metering.

Property Size3,948 SF
Price / SF$35.46
Days on Market8

Property Features for 209 S CENTRAL AVE

General Information

Standard status Active
Size 3,948 SF
Property subtype Retail, Multifamily, Mixed Use

Additional Details

Multifamily Units 5

Building Details

Year Built 1900
Construction solid brick
Listing Agency: LOYD Realty
Listed By: Eli Ahmadov · License #FL
Source: Crexi
Added: Jul 23 Changed: Jul 29 Last Checked: Jul 30 at 3:36PM

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 LOYD Realty

Investment Insights

Based on property information with market context.

This solid brick apartment building is configured as five large rental units. The property is described as being in great condition and designed for low maintenance and easy management.

The units have separate electric, water, and gas meters, supporting independent utility responsibility by unit. The building is located at 209 S Central Ave in Casey, IL.

The offering includes property management and financing options as noted in the remarks.

Key Highlights

  • Solid brick rental building built in 1900
  • 5 large apartments
  • Rents projected at $600 per unit

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Pharmacy Auto Parts Store 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

5
Residential units

Location Intelligence

Trade Area within ½ mile

290
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Solid brick rental building featuring five large apartments with separate utility metering.
Where is this apartment building located?
The property is located at 209 S CENTRAL AVE Casey, IL.
What is the asking price?
The asking price for this property is $139,999.
What are key features of this property?
This property features: Solid brick rental building built in 1900; 5 large apartments; Rents projected at $600 per unit
More about this property
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