Building Details

Buildings 2

Tenancy Multi

Listing Agency: Coldwell Banker Realty

Listed By: Bud Caruso · License #475094743 Show Phone

Source: Exprealty

Added: Sep 10 Changed: Sep 17 Last Checked: Sep 24 at 12:51PM

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Investment Insights

Based on property information with market context.

This 12-unit apartment building provides a consistent two-bedroom, one-bath layout throughout the property. A laundry operation adds supplemental income, and ample parking is available for residents.

Several occupants have maintained long tenancies. Located at 350 N Birch St in Manteno, the property places stores and restaurants within walking distance. The offering must be purchased together with the 15-unit apartment building at 352 N Birch Drive.

Key Highlights

• 12 apartments, each with 2 bedrooms and 1 bathroom
• Laundry operation provides supplemental income
• Several tenants have maintained long‑term occupancy

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Dental Office Carpet & Flooring Store Parking Lot & Garage Skin Care Clinic

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

27

Residential units

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

391

Businesses Nearby

Explore this area Business Placement

Demographics for 60950, IL

11,996

Population

5,243

Households

2.3

Avg Household Size

44

Median Age

22%

College-Educated

94%

High-School Grad

76.6 sq mi

ZIP Area

157

Density / Sq Mi

$87,848

Median Household Income

$54,034

Median Earnings

$1,008

Median Rent

$244,000

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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What type of property is this? Where is this apartment buildings located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Apartment building - Each residence offers two bedrooms and one bathroom, with stores and restaurants within walking distance.

Where is this apartment building located?

The property is located at 350 N Birch St Manteno, IL.

What is the asking price?

The asking price for this property is $1,500,000.

What are key features of this property?

This property features: 12 apartments, each with 2 bedrooms and 1 bathroom; Laundry operation provides supplemental income; Several tenants have maintained long‑term occupancy