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18-Unit Brick Apartment Buildings
For Sale
Contact for pricing
Pending

218 Carolyn Ln, Eureka, IL 61530

Three brick structures offer an all two-bedroom unit mix with updates completed across most apartments.

Property SizeContact for details
Days on Market263

Property Features for 218 Carolyn Ln

General Information

Standard status Pending
Total Parking Spaces 18
Property subtype Multifamily
Investment Type Stabilized

Units

Unit Mix 18 x 2BR
Multifamily Units 18

Building Details

Year Built 1965
Buildings 3
Units 18
Construction brick
Listing Agency: AJ Commercial Group
Listed By: Anthony Munoz · License #RB20001582
Source: Crexi
Added: Dec 11, 2025 Changed: Aug 30 Last Checked: Aug 30 at 6:14PM

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 AJ Commercial Group

Investment Insights

Based on property information with market context.

Built in 1965, this multifamily asset comprises three brick apartment buildings with 18 total units. Every apartment is configured as a two-bedroom unit, creating a consistent residential layout across the property. Most units have received interior work over time, including refreshed flooring, paint, trim, and other finishes, with improvements dating from 2017 through 2025.

Garage parking is available with select units and contributes an additional income source. Existing rents are in place, while further interior improvements and turnover provide a path to continued unit-by-unit enhancement. The property is located on Carolyn Lane in Eureka, Illinois, within the Central Illinois market.

Key Highlights

  • 18‑unit multifamily property arranged across three brick apartment buildings
  • All units feature a two‑bedroom layout
  • Majority of units updated between 2017 and 2025

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Electrical Service Auto Parts Store Plumbing Service Bakery Garden Center

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

18
Residential units

Location Intelligence

Trade Area within ½ mile

406
Businesses Nearby

Demographics for 61530, IL

6,698
Population
2,804
Households
2.4
Avg Household Size
38
Median Age
34%
College-Educated
97%
High-School Grad
63.7 sq mi
ZIP Area
105
Density / Sq Mi
$68,631
Median Household Income
$42,050
Median Earnings
$690
Median Rent
$166,700
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 - Three brick structures offer an all two-bedroom unit mix with updates completed across most apartments.
Where is this apartment building located?
The property is located at 218 Carolyn Ln Eureka, IL.
What are key features of this property?
This property features: 18‑unit multifamily property arranged across three brick apartment buildings; All units feature a two‑bedroom layout; Majority of units updated between 2017 and 2025
(224) 627-1295 Call to check price and availability
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