Listing Agency: Dickerson & Nieman Realtors l***@dickersonnieman.com Show Phone

Listed By: Linda Kaszynski · License #475.081328

Source: Crexi

Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 7:47PM

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Investment Insights

Based on property information with market context.

This multifamily property comprises 3 apartment buildings with 4 individual apartments in each building. Units feature open layouts, galley kitchens equipped with stoves and refrigerators, dinette areas, and spacious walk-in closets. Main-floor apartments include small bedroom decks, while each building provides a locked front entrance and coin-operated laundry on the main floor.

Full basements provide dedicated storage space for tenants. All apartments are leased on yearly terms, offering a consistent lease structure across the property. The asset is located at 311 S Hawthorne St in Granville, Illinois.

Key Highlights

• 3 apartment buildings with 4 apartments in each building
• 2 apartments on the main floor and 2 upstairs per building
• Open‑floor‑plan units with galley kitchens, stoves, refrigerators, and dinette areas

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Building Supply Storage Facility Hair Salon Kitchen & Bath Showroom

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

108

Businesses Nearby

Explore this area Business Placement

Demographics for 61326, IL

2,103

Population

981

Households

2.1

Avg Household Size

44

Median Age

23%

College-Educated

93%

High-School Grad

47.9 sq mi

ZIP Area

44

Density / Sq Mi

$71,071

Median Household Income

$43,063

Median Earnings

$778

Median Rent

$137,000

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?

Apartment building - Multi-building apartment property with individual storage, on-site laundry, and annual tenant leases.

Where is this apartment building located?

The property is located at 311 S Hawthorne St Granville, IL.

What are key features of this property?

This property features: 3 apartment buildings with 4 apartments in each building; 2 apartments on the main floor and 2 upstairs per building; Open‑floor‑plan units with galley kitchens, stoves, refrigerators, and dinette areas