Classic 6-Unit Apartment
For Sale
Contact for pricing
400 N 4th Street, Oregon, IL 61061
Fully rented, historic 6-unit apartment building with steady cash flow.
Property Size4,054 SF
Price / SF$96.20
Days on Market178
Property Features for 400 N 4th Street
General Information
Standard status
Active
Size
4,054 SF
Property subtype
Multifamily
Listing Agency:
CENTURY 21 Affiliated
Listed By:
Carlos Serna · License #IL
Source:
Crexi
Added: Feb 14
Changed: Aug 8
Last Checked: Aug 10 at 7:30AM
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 CENTURY 21 Affiliated
Investment Insights
Based on property information with market context.
This is a fully rented, well-maintained, historic 6-unit apartment building. Each unit offers its own charm, with original lamps, wall-mounted shelving, and hardwood floors. The building is situated on a double corner lot. A new roof was installed in 2024, and new windows have been added. Some units feature hardwood floors. Separate utilities are located in the basement, along with additional storage for each tenant. The property generates a steady cash flow, with a monthly rent income of $4,045 and an estimated yearly income of $46,500. The property size is 4,054 square feet.
Key Highlights
- Fully rented 6‑unit apartment building providing steady cash flow.
- New roof (2024) and new windows.
- Separate utilities for each unit.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
425
Businesses Nearby
Explore this area
Business Placement
Demographics for 61061, IL
6,865
Population
3,445
Households
2
Avg Household Size
48
Median Age
22%
College-Educated
92%
High-School Grad
105.4 sq mi
ZIP Area
65
Density / Sq Mi
$86,663
Median Household Income
$57,571
Median Earnings
$814
Median Rent
$202,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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 - Fully rented, historic 6-unit apartment building with steady cash flow.
Where is this apartment building located?
The property is located at 400 N 4th Street Oregon, IL.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: Fully rented 6‑unit apartment building providing steady cash flow.; New roof (2024) and new windows.; Separate utilities for each unit.
