49-Unit Apartment
For Sale
$1,100,000
211 N Kennedy Blvd, Vandalia, IL 62471
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 Market9
Property Features for 211 N Kennedy Blvd
General Information
Standard status
Active
Size
51,600 SF
Property subtype
Multifamily
Additional Details
Opportunity Zone
Yes
Multifamily Units
49
Building Details
Building Size
51,600 SF
Year Built
1935
Listing Agency:
(773) 293-5031
Listed By:
Michael Julius · License ##475.185903
Source:
Kisergroup
Added: Aug 1
Changed: Aug 8
Last Checked: Aug 9 at 5:16AM
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
Investment Insights
Based on property information with market context.
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
Current Use
Lease Details
49
Residential units
Location Intelligence
Trade Area within ½ mile
308
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in Midwest region
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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
