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Multi-Building Apartment Complex
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219 S F St, La Harpe, IL 61450

12-unit complex in three buildings with separate electric meters, water service, baseboard heat, and window A/C.

Property Size10,296 SF
Price / SF$38.84
Days on Market160

Property Features for 219 S F St

General Information

Standard status Active
Size 10,296 SF
Class B
Property subtype Multifamily
Occupancy 75%
Investment Type Stabilized
Net Operating Income $63,032

Additional Details

Business Included Yes
Multifamily Units 12

Building Details

Year Built 1996
Buildings 3
Units 12
Listing Agency: LOYD Realty
Listed By: Eli Ahmadov · License #FL
Source: Crexi
Added: Mar 30 Changed: Aug 8 Last Checked: Aug 30 at 10:02PM

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 12-unit apartment complex is arranged across three separate buildings, with four 2-bedroom, 1-bath units in each building. The property is described as being in good shape and features separate electric meters and water, which supports independent utility metering. Each unit is heated with baseboard heat and includes window A/C.

On-site laundry facilities are located in each building, adding convenience for residents and additional revenue potential. The property is offered for sale in La Harpe, Illinois.

The current unit configuration is consistent throughout the buildings, creating a straightforward overall layout for management and leasing.

Key Highlights

  • 12‑unit apartment complex in three buildings, built in 1996
  • Each building has four 2 bed/1 bath units (total 12 units)
  • Separate electric meters and water service

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Auto Parts Store Storage Facility Garden Center Furniture & Home Goods Bakery Hair Salon

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

12
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

102
Businesses Nearby

Demographics for 61450, IL

1,576
Population
850
Households
1.9
Avg Household Size
46
Median Age
24%
College-Educated
91%
High-School Grad
76.3 sq mi
ZIP Area
21
Density / Sq Mi
$66,071
Median Household Income
$43,672
Median Earnings
$703
Median Rent
$95,400
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 - 12-unit complex in three buildings with separate electric meters, water service, baseboard heat, and window A/C.
Where is this apartment building located?
The property is located at 219 S F St La Harpe, IL.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: 12‑unit apartment complex in three buildings, built in 1996; Each building has four 2 bed/1 bath units (total 12 units); Separate electric meters and water service
More about this property
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