Building Details

Tenancy Multi

Listing Agency: Swanson Real Estate t***@gmail.com Show Phone

Listed By: Tara Eberly · License #475195661

Source: Kw

Added: Aug 12 Changed: Aug 13 Last Checked: Aug 18 at 10:42PM

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Investment Insights

Based on property information with market context.

This three-unit property in Earlville offers an established multifamily configuration with all units occupied. The lower south apartment has one bedroom and one bathroom, along with new flooring and fresh paint. The lower north apartment includes three bedrooms and one bathroom, with new carpet, paint, and an updated bathroom. The upper apartment provides two bedrooms and one bathroom.

Recent work includes a newer water heater, roof and gutter repairs, flooring, interior painting, and bathroom updates in two units. The property sits on a double lot adjacent to the city park and includes a two-car garage with an interior divider. Additional features include natural gas, forced-air heating, a porch, and asphalt surfaces. The property is being sold as is.

Key Highlights

• Three‑unit property with all apartments currently occupied
• Unit mix includes 1‑bedroom, 3‑bedroom, and 2‑bedroom apartments
• New flooring, fresh paint, and bathroom updates in two units

Property Analytics

Property Profile

Current Use

Triplexes

Suggested Use

Top Pick Dental Office Electrical Service Hair Salon Furniture & Home Goods (Bike/Boat/Book/etc) Store Nail Salon

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

3

Residential units

100%

Occupancy

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

104

Businesses Nearby

Explore this area Business Placement

Demographics for 60518, IL

3,325

Population

1,590

Households

2.1

Avg Household Size

43

Median Age

16%

College-Educated

90%

High-School Grad

132.6 sq mi

ZIP Area

25

Density / Sq Mi

$73,750

Median Household Income

$38,929

Median Earnings

$1,051

Median Rent

$151,200

Median Home Value

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?

Triplex - Occupied triplex with refreshed interiors, varied unit layouts, and a divided two-car garage.

Where is this triplex located?

The property is located at 302 S Ottawa Street Earlville, IL.

What is the asking price?

The asking price for this property is $170,000.

What are key features of this property?

This property features: Three‑unit property with all apartments currently occupied; Unit mix includes 1‑bedroom, 3‑bedroom, and 2‑bedroom apartments; New flooring, fresh paint, and bathroom updates in two units