49-Unit Apartment
211 N Kennedy Blvd, Vandalia, IL 62471
For Sale
$1,100,000
Converted from a former high school, the property offers multifamily housing in an Opportunity Zone and County Enterprise Zone.
Property Size51,600 SF
Days on Market101
Property Features for 211 N Kennedy Blvd
General Information
Standard status
Size
Property subtype
Additional Details
Opportunity Zone
Multifamily Units
Building Details
Building Size
Year Built
Listed By:
Michael Julius · License #475218869
(773) 293-5031
Source:
Kisergroup
Added: Aug 1
Changed: Nov 3
Last Checked: Nov 8 at 3:03AM
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 Michael Julius
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Built in 1935, this 49-unit apartment property occupies a former high school that was converted for residential use. The community is offered in as-is condition following storm damage sustained in late 2025. A replacement roof was installed in 2026, providing a recent building improvement while the property remains positioned for further rehabilitation.
The property is located at 211 N Kennedy Blvd in Vandalia, Illinois, within the St. Louis MSA. Its federally designated Opportunity Zone status and County Enterprise Zone designation are established economic-development characteristics of the site. The asset is suited to multifamily ownership requiring evaluation of existing conditions, storm-related impacts, and the completed roof work.
The property is located at 211 N Kennedy Blvd in Vandalia, Illinois, within the St. Louis MSA. Its federally designated Opportunity Zone status and County Enterprise Zone designation are established economic-development characteristics of the site. The asset is suited to multifamily ownership requiring evaluation of existing conditions, storm-related impacts, and the completed roof work.
Key Highlights
- 49‑unit apartment community in Vandalia, IL
- Former high school converted to multifamily housing
- Replacement roof installed in 2026
Property Analytics
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Lease Details
49
Residential units
Location Intelligence
Trade Area within ½ mile
362
Businesses Nearby
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Business Placement
Demographics for 62471, IL
10,530
Population
4,025
Households
2.6
Avg Household Size
40
Median Age
20%
College-Educated
88%
High-School Grad
128.2 sq mi
ZIP Area
82
Density / Sq Mi
$58,810
Median Household Income
$33,286
Median Earnings
$739
Median Rent
$119,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - Converted from a former high school, the property offers multifamily housing in an Opportunity Zone and County Enterprise Zone.
Where is this apartment building located?
The property is located at 211 N Kennedy Blvd Vandalia, IL.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 49‑unit apartment community in Vandalia, IL; Former high school converted to multifamily housing; Replacement roof installed in 2026
