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Updated Fourplex with In-Unit Laundry
For Sale
$184,000

404 E Main St, De Soto, IL 62924

Fully occupied residential income property with spacious unit layouts, recent improvements, and off-street tenant parking.

Property SizeContact for details
Days on Market130

Property Features for 404 E Main St

General Information

Standard status Active
Property subtype Residential Income
Occupancy 100%

Units

Unit Mix 4 x 2BR/1BA
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $4,499

Amenities

in-unit washer and dryer hookups
off street parking
Listing Agency: C21 HOUSE OF REALTY, INC. C
Listed By: Colleen Hoffmann
Source: Exprealty
Added: Apr 28 Changed: Sep 3 Last Checked: Sep 3 at 2:20AM

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 C21 HOUSE OF REALTY, INC. C

Investment Insights

Based on property information with market context.

This fourplex contains four residential units, each arranged with two bedrooms, one full bathroom, a living room, kitchen, and dining area. In-unit washer and dryer hookups add practical functionality, while off-street parking serves residents. The property is fully occupied and positioned as an income-producing residential asset.

Recent capital improvements include a roof installed in 2026 and new flooring in three of the four units. These updates complement the well-maintained condition of the building and reduce the need for near-term work. The property is located at 404 E Main St in De Soto, Illinois.

Key Highlights

  • Four‑unit residential property with all units fully occupied
  • Each unit includes 2 bedrooms and 1 full bath
  • Spacious living room, kitchen, and dining area in every unit

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Parking Lot & Garage Building Supply Auto Repair Shop Auto Parts Store Plumbing Service Hair Salon

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
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

73
Businesses Nearby

Demographics for 62924, IL

2,726
Population
1,386
Households
2
Avg Household Size
40
Median Age
23%
College-Educated
90%
High-School Grad
39.7 sq mi
ZIP Area
69
Density / Sq Mi
$57,721
Median Household Income
$37,593
Median Earnings
$858
Median Rent
$97,600
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?
Quadplex - Fully occupied residential income property with spacious unit layouts, recent improvements, and off-street tenant parking.
Where is this quadplex located?
The property is located at 404 E Main St De Soto, IL.
What is the asking price?
The asking price for this property is $184,000.
What are key features of this property?
This property features: Four‑unit residential property with all units fully occupied; Each unit includes 2 bedrooms and 1 full bath; Spacious living room, kitchen, and dining area in every unit
More about this property
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