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265 E Prairie Street, Manhattan, IL, 60442
Brick Four-Unit Multifamily Property

265 E Prairie Street Manhattan, IL 60442

For Sale
Contact for pricing

Two-story, fully occupied four-unit brick building with updated unit interiors and on-site parking.

Days on Market72

Property Features for 265 E Prairie Street

General Information

Standard status
Active
Property subtype
Multifamily

Building Details

Year Built
1969
Listing Agency: Village Realty, Inc.
Listed By: Anastasia Rimovsky · License #475203861
Source: Crexi
Added: May 13 Changed: Jul 23 Last Checked: Jul 23 at 2:44PM

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.

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

Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Dental Office Law Firm Pharmacy Big Box & Wholesale Store Kitchen & Bath Showroom Skin Care Clinic Bakery HVAC Service Barber Shop (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

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 $645,000.
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
(708) 268-0744 Call to check price and availability
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