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2-Unit Duplex
For Sale
$111,900

408 8th Avenue, Sterling, IL 61081

Both residences have appliances and window air-conditioning, with parking at the front and rear of the property.

Property SizeContact for details
Days on Market27

Property Features for 408 8th Avenue

General Information

Standard status Active
Total Parking Spaces 4
Property subtype Residential Income

Units

Unit Mix 2 x 1BR
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $1,979

Amenities

deck
fenced backyard

Building Details

Year Built 1920
Buildings 1
Listing Agency: Xtreme Realty
Listed By: Opal Sundrani · License #475211170
Source: Fishmangroup
Added: Sep 29 Changed: Oct 23 Last Checked: Oct 23 at 4:32PM

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 Xtreme Realty

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Investment Insights

Based on property information with market context.

Built in 1920, this duplex contains two one-bedroom residences, each equipped with appliances and a window air-conditioning unit. Property improvements include a roof installed in 2017, furnaces from 2016, and water heaters installed in 2018 and 2025. Vinyl replacement windows are also in place.

Parking is available at both the front and rear. The property also has a deck and fenced backyard. The current owner pays for water, sewer, and garbage service.

Key Highlights

  • Two one‑bedroom residences
  • Roof installed in 2017; furnaces from 2016
  • Water heaters installed in 2018 and 2025

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

373
Businesses Nearby

Demographics for 61081, IL

21,064
Population
9,753
Households
2.2
Avg Household Size
43
Median Age
20%
College-Educated
91%
High-School Grad
124.4 sq mi
ZIP Area
169
Density / Sq Mi
$60,854
Median Household Income
$40,497
Median Earnings
$791
Median Rent
$121,000
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

Frequently Asked Questions

What type of property is this?
Duplex - Both residences have appliances and window air-conditioning, with parking at the front and rear of the property.
Where is this duplex located?
The property is located at 408 8th Avenue Sterling, IL.
What is the asking price?
The asking price for this property is $111,900.
What are key features of this property?
This property features: Two one‑bedroom residences; Roof installed in 2017; furnaces from 2016; Water heaters installed in 2018 and 2025
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