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Brick 4-Unit Multifamily Investment

275 E Prairie Street Manhattan, IL 60442

275 E Prairie Street, Manhattan, IL, 60442
Contact for pricing
For Sale
Contact for pricing

Fully occupied two-story building with three 2-bed units and one 1-bed unit, all-electric utilities and updated windows.

Days on Market71

Property Features for 275 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 Updated: Jul 22 at 12:06AM Checked: Jul 22 at 12:06AM

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 4-unit multifamily property presented as fully occupied. The unit mix includes three 2-bedroom, 1-bath apartments and one 1-bedroom, 1-bath apartment. Most interiors have been thoughtfully updated and improved within the last three years.

The building is supported by an all-electric setup with electric heat and separate electric hot water heaters, along with updated windows completed within the last 11 years. A renovated common laundry area is included, and the property also offers abundant rear parking plus additional front parking.

Located on a quiet residential street just moments from downtown Manhattan, the property is positioned near local restaurants, shopping, transportation, parks, and school districts. The neighboring property at 265 is also being sold.

Key Highlights

  • 1969‑built, solid brick 4‑unit multifamily building with fully occupied status
  • Unit mix: three 2‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath unit
  • Most interiors updated 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 - Fully occupied two-story building with three 2-bed units and one 1-bed unit, all-electric utilities and updated windows.
Where is this quadplex located?
The property is located at 275 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: 1969‑built, solid brick 4‑unit multifamily building with fully occupied status; Unit mix: three 2‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath unit; Most interiors updated within the last 3 years
Contact an agent
(708) 268-0744 Call to check price and availability
More about this property
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