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Eight-Unit Apartment Buildings
For Sale
$875,000

382 North Birch Street, Manteno, IL 60950

Two well-maintained residential buildings offer updated interiors, refreshed exterior components, and electric-only apartment service.

Property SizeContact for details
Days on Market248

Property Features for 382 North Birch Street

General Information

Standard status Active
Property subtype Multi Family 5+ / Corridor-Interior Entrance
Net Operating Income $48,040

Units

Unit Mix 6 x 2BR/1BA, 2 x 1BR/1BA
Multifamily Units 8

Taxes and HOA fees

Annual Taxes $8,902

Building Details

Year Built 1970
Buildings 2
Stories 2
Listing Agency: Keller Williams Preferred Realty
Listed By: Dustin Kooy · License #475191164
Source: Compass
Added: Dec 25, 2025 Changed: Aug 30 Last Checked: Aug 30 at 5:18PM

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 Keller Williams Preferred Realty

Investment Insights

Based on property information with market context.

This multifamily property comprises two separate apartment buildings with four units in each, creating an 8-unit residential asset. The mix includes six 2-bedroom/1-bath apartments and two 1-bedroom/1-bath apartments. Interior improvements include updated bathrooms throughout, with tile shower surrounds and tile flooring, while most units have granite countertops. All apartments operate on electric service only.

Built in 1970, the buildings have a newer roof and updated soffit and fascia. The property’s compact two-building configuration provides a consistent apartment layout across the site, with a combination of one- and two-bedroom units.

Key Highlights

  • 8‑unit multifamily property arranged in two separate buildings
  • Four apartments in each building
  • Unit mix includes six 2‑bedroom/1‑bath and two 1‑bedroom/1‑bath apartments

Property Analytics

Current Use

Apartment buildings

Suggested Use

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

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

8
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

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 - Two well-maintained residential buildings offer updated interiors, refreshed exterior components, and electric-only apartment service.
Where is this apartment building located?
The property is located at 382 North Birch Street Manteno, IL.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: 8‑unit multifamily property arranged in two separate buildings; Four apartments in each building; Unit mix includes six 2‑bedroom/1‑bath and two 1‑bedroom/1‑bath apartments
More about this property
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