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Three-Unit Multifamily Property
For Sale
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221 E 2ND Avenue, Andalusia, IL 61232

Income-producing residential building offered in its existing condition without seller-performed repairs.

Property SizeContact for details
Days on Market628

Property Features for 221 E 2ND Avenue

General Information

Standard status Active
Property subtype Multi Family

Additional Details

Multifamily Units 3

Taxes and HOA fees

Annual Taxes $3,614

Building Details

Year Built 1948
Listing Agency: Quad Cities Iowa Realty - Moline
Listed By: Eric Ryden · License #471.010835/B42437000
Source: Exitrealty
Added: Jan 31, 2025 Changed: Sep 2 Last Checked: Sep 15 at 5:45AM

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 Quad Cities Iowa Realty - Moline

Rey
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Investment Insights

Based on property information with market context.

This three-unit multifamily property was constructed in 1948 and is offered for sale in its present condition. The seller will not complete repairs requested by a buyer or lender, placing responsibility for any desired work with the purchaser.

Key Highlights

  • Three‑unit multifamily property
  • Built in 1948
  • Sale offered in as‑is condition

Property Analytics

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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

64
Businesses Nearby

Demographics for 61232, IL

1,335
Population
700
Households
1.9
Avg Household Size
44
Median Age
15%
College-Educated
96%
High-School Grad
3.2 sq mi
ZIP Area
417
Density / Sq Mi
$71,806
Median Household Income
$45,213
Median Earnings
$925
Median Rent
$174,600
Median Home Value
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Income-producing residential building offered in its existing condition without seller-performed repairs.
Where is this triplex located?
The property is located at 221 E 2ND Avenue Andalusia, IL.
What are key features of this property?
This property features: Three‑unit multifamily property; Built in 1948; Sale offered in as‑is condition
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