Renovated Apartment Building
For Sale
Contact for pricing
305 W Mazon Ave, Dwight, IL 60420
Two-building residential portfolio with completed renovations and ongoing capital improvements across Dwight and Pontiac.
Property SizeContact for details
Days on Market180
Property Features for 305 W Mazon Ave
General Information
Standard status
Active
Property subtype
Multifamily
Occupancy
100%
Building Details
Buildings
4
Stories
2
Units
40
Listing Agency:
WEB VIDEO Realty
(815) 955-9489
Listed By:
Michael O'Donnell · License #IL 471.009539
Source:
Crexi
Added: Mar 2
Changed: Aug 29
Last Checked: Aug 29 at 4:12PM
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 WEB VIDEO Realty
Investment Insights
Based on property information with market context.
This apartment portfolio includes 40 units across two Illinois properties: a 24-unit complex in Pontiac and a 16-unit building at 305 W Mazon Ave in Dwight. Renovated units feature updated cabinets and vinyl plank flooring, while the Pontiac property also has new windows, vinyl siding, and blown-in cellulose insulation. Roof replacements were completed in 2016, and bathroom exhaust systems at the 24-unit complex were redirected to exterior soffits. The Dwight building received additional unit improvements in 2025, with 5 units remaining for renovation. Exterior carpenter-built stairs were added in 2023, and coin-operated laundry facilities were updated in 2022. The properties are positioned along the I-55 corridor, providing a multi-property apartment ownership structure in Dwight and Pontiac.
Key Highlights
- 40 units across two apartment properties: 24 units in Pontiac and 16 units in Dwight
- 25 of 40 units remodeled, representing 62.5% of the portfolio
- Pontiac improvements include new windows, vinyl siding, and blown‑in cellulose insulation
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
274
Businesses Nearby
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Business Placement
Demographics for 60420, IL
4,701
Population
2,002
Households
2.3
Avg Household Size
44
Median Age
21%
College-Educated
93%
High-School Grad
96.7 sq mi
ZIP Area
49
Density / Sq Mi
$68,184
Median Household Income
$38,973
Median Earnings
$984
Median Rent
$161,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Two-building residential portfolio with completed renovations and ongoing capital improvements across Dwight and Pontiac.
Where is this apartment building located?
The property is located at 305 W Mazon Ave Dwight, IL.
What is the asking price?
The asking price for this property is $3,098,000.
What are key features of this property?
This property features: 40 units across two apartment properties: 24 units in Pontiac and 16 units in Dwight; 25 of 40 units remodeled, representing 62.5% of the portfolio; Pontiac improvements include new windows, vinyl siding, and blown‑in cellulose insulation
