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Brick Quadplex with Newer Roof
For Sale
$64,900

297 Oak Street, Dallas City, IL 62330

Commercial Sale, Dallas City, IL

Property SizeContact for details
Days on Market55

Property Features for 297 Oak Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 16
Bathrooms 10
Full bathrooms 10
Rooms Bedroom 16, Bedroom 2, Bedroom 12, Bathroom 6, Bathroom 1, Bathroom 7, Bedroom 3, Bedroom 11, Bedroom 10, Bathroom 4, Bedroom 6, Bathroom 2, Bedroom 1, Bathroom 9, Bedroom 9, Bedroom 13, Bathroom 8, Bedroom 14, Bathroom 10, Bedroom 5, Bedroom 4, Bedroom 15, Bathroom 3, Bathroom 5, Bedroom 7, Bedroom 8
Directions Drive north on West 3rd St/IL 9/IL 96. You have arrived at your destination.
Subdivision Dallas City
Standard status Active
APN 04020004130000

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 2258

Building Details

Year built 1900
Floors in Building 2
Number of units 4
Listing Agency: Beycome Brokerage Realty LLC
Listed By: Misael Chacon · License #471021523
Added: Jul 23 Changed: Sep 12 Last Checked: Sep 15 at 8:06AM
MLS# 12712902

Copyright © 2026 Midwest Real Estate Data, LLC. 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.

Built in 1900, this brick multifamily property contains more than 5,200 square feet and is configured with four apartments. The building includes a newer roof and a brand-new gas furnace, adding useful updates to the existing structure. Additional interior area may support the creation of two more apartments, subject to applicable approvals.

The property is located at 297 Oak Street in downtown Dallas City, one block from the water. Four apartments are in place, with long-term tenants providing established occupancy within the building.

Key Highlights

  • More than 5,200 square feet of building area
  • Four apartments currently configured within the property
  • Additional space to add a couple more apartments

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Auto Repair Shop HVAC Service Garden Center Storage Facility (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.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

61
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-apartment income property with brick construction, a newer roof, and a recently installed gas furnace.
Where is this quadplex located?
The property is located at 297 Oak Street 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: More than 5,200 square feet of building area; Four apartments currently configured within the property; Additional space to add a couple more apartments
More about this property
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