Listing Agency: KL Real Estate Inc k**@klrealestateinc.com Show Phone

Listed By: Kimberly Logan · License #471019569 Show Phone

Source: Exprealty

Added: Feb 10 Changed: Aug 6 Last Checked: Aug 10 at 9:10AM

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Investment Insights

Based on property information with market context.

This four-unit multifamily property contains 2,824 square feet arranged as four residences, each with one bedroom and one bathroom. Every unit is currently unoccupied, giving the next owner control over leasing and any property updates. The building is positioned directly across from a park at 350 Van Buren St in Warsaw, Illinois. Its existing unit configuration and vacant status provide a straightforward foundation for a small residential income property.

Key Highlights

• Four‑unit multifamily property
• 2,824 square feet of total property size
• Each unit has one bedroom and one bathroom

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Hair Salon Nail Salon Grocery & Convenience Store Spa & Massage Center (Bike/Boat/Book/etc) Store Furniture & Home Goods

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

4

Residential units

Location Intelligence

Trade Area within ½ mile

95

Businesses Nearby

Explore this area Business Placement

Demographics for 62379, IL

1,894

Population

931

Households

2

Avg Household Size

46

Median Age

23%

College-Educated

94%

High-School Grad

98.6 sq mi

ZIP Area

19

Density / Sq Mi

$62,500

Median Household Income

$37,167

Median Earnings

$758

Median Rent

$95,300

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 quadplexes 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?

Quadplex - All four residences are vacant and feature one bedroom and one bathroom each.

Where is this quadplex located?

The property is located at 350 Van Buren St Warsaw, IL.

What is the asking price?

The asking price for this property is $100,000.

What are key features of this property?

This property features: Four‑unit multifamily property; 2,824 square feet of total property size; Each unit has one bedroom and one bathroom