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Apartment Building with Gymnasium
For Sale
$450,000

352 FRANKLIN Street, Jacksonville, IL 62650

MULTI_FAMILY - Jacksonville, IL

Property SizeContact for details
Lot Size4.22 Acres
Days on Market334

Property Features for 352 FRANKLIN Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 2, Bathroom 4, Bedroom 4, Bathroom 1, Bedroom 3, Bedroom 1, Bathroom 2, Bathroom 3
Parking 20
Parking features Oversize
Basement Finished, Full
Lot features Extra Lot
High school Jacksonville District #117
Directions From Morton, turn right onto S Clay Ave, left onto Franklin St. Destination will be on the right
Standard status Active
APN 09-21-311-027
Lot size 4.22 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description RNG/BLK: TWP:0 SECT/LOT: CITY OF JACKSONVILLE OWENS SUBDIVISION LTS 1 THRU 6 INCL DOCKET NO 7669-2 A
Tax Annual Amount 5399
Legal Description RNG/BLK: TWP:0 SECT/LOT: CITY OF JACKSONVILLE OWENS SUBDIVISION LTS 1 THRU 6 INCL DOCKET NO 7669-2 A

Utilities

Heating system Hot Water(Heating)
Water source Public

Amenities

kitchen
bathrooms
auditorium
gymnasium
locker rooms

Building Details

Year built 1939
Number of units 6
Building materials Brick
Listing Agency: The Real Estate Group, Inc.
Listed By: Clayton Yates · License #475160796
Added: Sep 12, 2025 Changed: Aug 4 Last Checked: Aug 11 at 11:06PM
MLS# CA1039190

Copyright © 2026 RMLS Alliance. 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 brick apartment building on a spacious lot features both residential and commercial-oriented interior areas. The main floor is currently zoned residential and includes tenant-occupied units. The lower level has a complete gymnasium along with locker rooms, with commercial zoning that supports flexible business or community use. Interior spaces also include a kitchen, bathrooms, and an auditorium.

The building is heated with hot water heating and served by public water. Parking is available on-site with oversize parking.

Built in 1939, this is a distinctive, single-roof property layout offering a mix of living units and large-format room space within the same structure.

Key Highlights

  • 4.22‑acre lot with brick apartment building built in 1939
  • Main floor is residential‑zoned and includes tenant‑occupied units
  • Lower level includes a complete gymnasium and locker rooms

Property Analytics

Current Use

Apartment buildings

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

93
Businesses Nearby

Demographics for 62650, IL

24,891
Population
11,213
Households
2.2
Avg Household Size
42
Median Age
26%
College-Educated
89%
High-School Grad
197.8 sq mi
ZIP Area
126
Density / Sq Mi
$64,137
Median Household Income
$40,101
Median Earnings
$705
Median Rent
$142,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Brick apartment building on a 4.22-acre lot with tenant-occupied units and a full gymnasium, locker rooms, and auditorium space.
Where is this apartment building located?
The property is located at 352 FRANKLIN Street Jacksonville, IL.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 4.22‑acre lot with brick apartment building built in 1939; Main floor is residential‑zoned and includes tenant‑occupied units; Lower level includes a complete gymnasium and locker rooms
More about this property
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