Brick Four-Unit Multifamily
For Sale
Contact for pricing
265 E Prairie Street, Manhattan, IL 60442
Two-story, fully occupied four-unit brick building with updated unit interiors and on-site parking.
Property SizeContact for details
Days on Market120
Property Features for 265 E Prairie Street
General Information
Standard status
Active
Total Parking Spaces
7
Property subtype
Multifamily
Occupancy
100%
Additional Details
Multifamily Units
4
Amenities
common laundry area
Building Details
Year Built
1969
Stories
2
Construction
brick
Tenancy
Multi
Listing Agency:
Village Realty, Inc.
Listed By:
Anastasia Rimovsky · License #475203861
(708) 268-0744
Source:
Crexi
Added: May 13
Changed: Aug 31
Last Checked: Sep 8 at 6:42AM
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 Village Realty, Inc.
Investment Insights
Based on property information with market context.
Solid brick, two-story four-unit multifamily property is being offered fully occupied. The unit mix consists of three 2-bedroom, 1-bath apartments and one 1-bedroom, 1-bath apartment. Most interiors were thoughtfully updated and improved within the last three years.
The building is designed for simplified management, with all-electric appliances, electric heat, and separate electric hot water heaters. Additional improvements include an updated roof and windows completed within the last 11 years, along with a renovated common laundry area.
On-site parking includes abundant rear parking as well as additional front parking. The property is located on a quiet residential street just moments from downtown Manhattan, with nearby access to restaurants, shopping, transportation, and parks, and convenient commuter service via Metra to Chicago.
The building is designed for simplified management, with all-electric appliances, electric heat, and separate electric hot water heaters. Additional improvements include an updated roof and windows completed within the last 11 years, along with a renovated common laundry area.
On-site parking includes abundant rear parking as well as additional front parking. The property is located on a quiet residential street just moments from downtown Manhattan, with nearby access to restaurants, shopping, transportation, and parks, and convenient commuter service via Metra to Chicago.
Key Highlights
- Fully occupied 4‑unit brick building built in 1969
- Unit mix: three 2BD/1BA units and one 1BD/1BA unit
- Most interior updates completed within the last 3 years
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
313
Businesses Nearby
Explore this area
Business Placement
Demographics for 60442, IL
12,218
Population
4,680
Households
2.6
Avg Household Size
36
Median Age
32%
College-Educated
98%
High-School Grad
67.0 sq mi
ZIP Area
182
Density / Sq Mi
$128,307
Median Household Income
$57,850
Median Earnings
$1,225
Median Rent
$340,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Two-story, fully occupied four-unit brick building with updated unit interiors and on-site parking.
Where is this quadplex located?
The property is located at 265 E Prairie Street Manhattan, IL.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Fully occupied 4‑unit brick building built in 1969; Unit mix: three 2BD/1BA units and one 1BD/1BA unit; Most interior updates completed within the last 3 years
