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15-Unit Apartment Building
For Sale
$1,700,000

352 N Birch St, Manteno, IL 60950

Apartment community with one- and two-bedroom units, balconies, resident laundry, and an owner’s residence.

Property SizeContact for details
Days on Market16

Property Features for 352 N Birch St

General Information

Standard status Active

Units

Unit Mix 13 x 2BR/1BA, 2 x 1BR
Multifamily Units 15

Taxes and HOA fees

Annual Taxes $19,761

Amenities

balconies
laundry

Building Details

Buildings 1
Listing Agency: Coldwell Banker Realty
Listed By: Bud Caruso · License #475094743
Source: Exprealty
Added: Sep 10 Changed: Sep 17 Last Checked: Sep 24 at 10:17AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty

Investment Insights

Based on property information with market context.

This 15-unit apartment building includes thirteen two-bedroom, one-bath apartments and two one-bedroom apartments. The third-floor owner’s residence includes private laundry, a furnace, central air conditioning, and a fireplace. Most apartments have balconies, and the property also generates laundry income. A second-floor area has low ceilings and additional potential uses, while several residents have remained in place for extended periods.

The property includes parking and is positioned within walking distance of stores and restaurants. The building is offered as part of a package with the 15-unit property at 350 N Birch Drive.

Key Highlights

  • 15‑unit apartment building with thirteen two‑bedroom units and two one‑bedroom units
  • Third‑floor owner’s residence with private laundry, furnace, central air conditioning, and fireplace
  • Most apartments feature balconies

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

15
Residential units

Location Intelligence

Trade Area within ½ mile

391
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Apartment community with one- and two-bedroom units, balconies, resident laundry, and an owner’s residence.
Where is this apartment building located?
The property is located at 352 N Birch St Manteno, IL.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: 15‑unit apartment building with thirteen two‑bedroom units and two one‑bedroom units; Third‑floor owner’s residence with private laundry, furnace, central air conditioning, and fireplace; Most apartments feature balconies
More about this property
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