Brick Apartment Building with Expansion
For Sale
$315,000
325 W S 3rd Street, De Land, IL 61839
Commercial Sale, Deland, IL
Property SizeContact for details
Days on Market153
Property Features for 325 W S 3rd Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
7
Bathrooms
6
Full bathrooms
6
Rooms
Bedroom 7, Bathroom 3, Bedroom 3, Bathroom 5, Bedroom 4, Bedroom 1, Bathroom 1, Bathroom 4, Bedroom 6, Bathroom 6, Bathroom 2, Bedroom 5, Bedroom 2
Directions
From Deland Monticello Rd, turn west onto County Rd 2225 N. The property will be on the left at 325 SW 3rd St.
Subdivision
De Land
Standard status
Active
APN
04002200000501
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
751
Utilities
Sewer type
Septic Tank
Cooling system
Heat Pump
Building Details
Year built
1909
Floors in Building
2
Number of units
5
Building materials
Brick
Listing Agency:
KELLER WILLIAMS-TREC · Keller Williams Realty
(217) 356-6100
Listed By:
Mark Waldhoff · License #475
(217) 714-3603
Added: Apr 16
Changed: Sep 14
Last Checked: Sep 15 at 9:06AM
MLS# 12619780
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.
This 1909 brick apartment building contains five residential units within a reworked schoolhouse structure. Interior character includes large windows, high ceilings, exposed brick, and broad hallways. Heat pump cooling and a septic tank serve the property, while the unfinished wing provides thousands of square feet of raw interior area. The former gym is also identified as a potential event-space configuration.
Located at 325 W S 3rd Street in Deland, Illinois, the property combines existing multifamily improvements with substantial unfinished space. The remaining area is described as capable of accommodating 6 to 8 additional units, subject to applicable approvals and construction requirements. The building’s layout and durable brick construction provide a substantial base for continued residential development.
Located at 325 W S 3rd Street in Deland, Illinois, the property combines existing multifamily improvements with substantial unfinished space. The remaining area is described as capable of accommodating 6 to 8 additional units, subject to applicable approvals and construction requirements. The building’s layout and durable brick construction provide a substantial base for continued residential development.
Key Highlights
- Five existing apartment units in a 1909 brick building
- Unfinished wing contains thousands of square feet of raw space
- Layout described as accommodating 6 to 8 additional units
Property Analytics
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Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
25
Businesses Nearby
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Business Placement
Demographics for 61839, IL
584
Population
289
Households
2
Avg Household Size
38
Median Age
17%
College-Educated
95%
High-School Grad
32.4 sq mi
ZIP Area
18
Density / Sq Mi
$63,393
Median Household Income
$37,417
Median Earnings
$831
Median Rent
$110,300
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Apartment building - Brick multifamily property with existing units, distinctive original details, and unfinished interior space for additional improvements.
Where is this apartment building located?
The property is located at 325 W S 3rd Street De Land, IL.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Five existing apartment units in a 1909 brick building; Unfinished wing contains thousands of square feet of raw space; Layout described as accommodating 6 to 8 additional units
