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Six-Unit Apartment Building
For Sale
$895,900

26045 South Oak Road, Monee, IL 60449

All-electric systems place heat and hot-water costs with residents.

Property Size12,500 SF
Price / SF$71.67
Days on Market156

Property Features for 26045 South Oak Road

General Information

Standard status Active
Size 12,500 SF
Property subtype Multi Family 5+ / Corridor-Interior Entrance
Zoning MULTI
Net Operating Income $72,847

Units

Unit Mix 6 x 2BR/1BA
Multifamily Units 6

Taxes and HOA fees

Annual Taxes $9,165

Amenities

coin-operated washer and dryer

Building Details

Year Built 1980
Buildings 1
Stories 2
Listing Agency: Landmark Property Management, Inc.
Listed By: Jason Marcordes · License #471018434
Source: Compass
Added: Mar 29 Changed: Aug 30 Last Checked: Aug 30 at 2:37PM

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 Landmark Property Management, Inc.

Investment Insights

Based on property information with market context.

This 12,500-square-foot apartment building contains six two-bedroom, one-bath units and was constructed in 1980. Several apartments have been rehabbed with newer cabinets, countertops, appliances, flooring, and windows. The roof was replaced in 2018, and the property includes seven water heaters, two sump pumps, and a fire alarm system connected directly to the fire department.

The all-electric setup places heating and hot-water costs with tenants. Additional property features include a coin-operated washer and dryer, parking at both the front and rear, and a large yard. The building is located at 26045 South Oak Road in Monee, near restaurants, shopping, and a dollar store, with Amazon approximately 2 miles away.

Key Highlights

  • Six 2 bedroom, 1 bath apartment units in a 12,500‑square‑foot building
  • Several units updated with newer cabinets, countertops, appliances, flooring, and windows
  • New roof installed in 2018

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Kitchen & Bath Showroom Hair Salon Parking Lot & Garage

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

6
Residential units

Location Intelligence

Trade Area within ½ mile

190
Businesses Nearby

Demographics for 60449, IL

8,961
Population
3,752
Households
2.4
Avg Household Size
45
Median Age
31%
College-Educated
92%
High-School Grad
49.2 sq mi
ZIP Area
182
Density / Sq Mi
$101,563
Median Household Income
$60,924
Median Earnings
$269,900
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 - All-electric systems place heat and hot-water costs with residents.
Where is this apartment building located?
The property is located at 26045 South Oak Road Monee, IL.
What is the asking price?
The asking price for this property is $895,900.
What are key features of this property?
This property features: Six 2 bedroom, 1 bath apartment units in a 12,500‑square‑foot building; Several units updated with newer cabinets, countertops, appliances, flooring, and windows; New roof installed in 2018
More about this property
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