Search
Three-Unit Apartment Building
For Sale
$119,900

263 S 1ST Avenue, Canton, IL 61520

MULTI_FAMILY - Canton, IL

Property SizeContact for details
Days on Market153

Property Features for 263 S 1ST Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 3
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 3, Bathroom 2, Bathroom 4, Bathroom 1, Bedroom 1, Bathroom 3, Bedroom 2
Parking 3
Parking features Alley
Basement Unfinished, Full
Subdivision Wright
Lot features Level
High school Canton
Directions S 1st Ave to E on Maple, turn S into alley (parking in rear of building)
Standard status Active
APN 09-08-34-216-007

Taxes and HOA fees

Tax Year 2024
Tax Description Sec/lot: 43 WRIGHT S ADD S40
Tax Annual Amount 3113
Legal Description Sec/lot: 43 WRIGHT S ADD S40

Utilities

Heating system Forced Air, Natural Gas
Water source Public

Building Details

Number of units 3
Building materials Vinyl Siding
Roof type Shingle
Listing Agency: Jim Maloof Realty, Inc.
Listed By: Kelly Mason
Added: Mar 19 Changed: Aug 1 Last Checked: Aug 18 at 7:06AM
MLS# PA1264986

Copyright © 2026 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This three-unit apartment building offers separate utilities for each unit, with tenants paying their own utilities. The property includes off-street parking behind the building, with alley access, and is constructed with vinyl siding. Heating is provided via forced air systems using natural gas. The roof is approximately three years old, and there are updates including newer flooring, windows, and wiring. The building is being sold as is.

The home is located at 263 S 1st Avenue in Canton, IL 61520, in Fulton County. Public water service is available.

The interior configuration includes multiple bedrooms and bathrooms across the three units, supporting a straightforward residential income setup with individually metered utility responsibility.

Key Highlights

  • Three‑unit apartment building with separate utilities for each unit
  • Tenants pay their own utilities
  • Off‑street parking behind the building via alley

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency HVAC Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Food Market 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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

712
Businesses Nearby

Demographics for 61520, IL

16,156
Population
7,301
Households
2.2
Avg Household Size
43
Median Age
16%
College-Educated
89%
High-School Grad
152.0 sq mi
ZIP Area
106
Density / Sq Mi
$56,618
Median Household Income
$35,240
Median Earnings
$814
Median Rent
$116,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Triplex - Three-unit apartment building with separate utilities for each unit and off-street parking in the alley.
Where is this triplex located?
The property is located at 263 S 1ST Avenue Canton, IL.
What is the asking price?
The asking price for this property is $119,900.
What are key features of this property?
This property features: Three‑unit apartment building with separate utilities for each unit; Tenants pay their own utilities; Off‑street parking behind the building via alley
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message