Search
Brick Quadplex with Updated Systems
For Sale
Contact for pricing

297 OAK ST, Dallas City, IL 62330

Four-apartment income property with masonry construction, a newer roof, and recently installed gas heating.

Property Size5,200 SF
Price / SF$12.48
Days on Market22

Property Features for 297 OAK ST

General Information

Standard status Active
Size 5,200 SF
Class B
Property subtype Multifamily
Occupancy 100%
Investment Type Value Add
Net Operating Income $12,855

Building Details

Year Built 1900
Buildings 1
Units 4
Listing Agency: LOYD Realty
Listed By: Eli Ahmadov · License #FL
Source: Crexi
Added: Jul 21 Changed: Aug 3 Last Checked: Aug 9 at 11:59AM

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 LOYD Realty

Investment Insights

Based on property information with market context.

Built in 1900, this 5,200-square-foot quadplex contains four apartments within an all-brick building. The property has a newer roof and a brand-new gas furnace, providing updated core building systems alongside its historic construction. Long-term tenants are noted in the property information.

The building is located at 297 Oak Street in Dallas City, Illinois, approximately one block from the water. Its four-apartment configuration offers an established multifamily format for an owner or operator evaluating a smaller residential income property.

Key Highlights

  • 5,200‑square‑foot quadplex with 4 apartments
  • All‑brick building constructed in 1900
  • Newer roof

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Auto Repair Shop HVAC Service Storage Facility Garden Center (Bike/Boat/Book/etc) Store Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

55
Businesses Nearby

Demographics for 62330, IL

1,600
Population
870
Households
1.8
Avg Household Size
50
Median Age
17%
College-Educated
93%
High-School Grad
86.7 sq mi
ZIP Area
18
Density / Sq Mi
$57,083
Median Household Income
$40,476
Median Earnings
$831
Median Rent
$83,600
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?
Quadplex - Four-apartment income property with masonry construction, a newer roof, and recently installed gas heating.
Where is this quadplex located?
The property is located at 297 OAK ST Dallas City, IL.
What is the asking price?
The asking price for this property is $64,900.
What are key features of this property?
This property features: 5,200‑square‑foot quadplex with 4 apartments; All‑brick building constructed in 1900; Newer roof
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