Listing Agency: Move Smart Realty

Listed By: Lisa Inman () · License #475117611 Show Phone

Source: Searchillinoishomesforsale

Added: Dec 21, 2025 Changed: Oct 1 Last Checked: Oct 14 at 11:08PM

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Investment Insights

Based on property information with market context.

Located at 413 W Fort St in Farmington, this 1,408-square-foot duplex is arranged as an up-and-down property with two separate residential units. The unit mix includes a 1-bedroom, 1-bath residence and a 3-bedroom, 1-bath residence, providing distinct layouts within the same building.

The property occupies a corner lot and includes a 2-stall garage for parking and storage. It is situated within the Farmington School District. The existing two-unit configuration supports separate living arrangements, while the home’s layout also accommodates consideration of single-family use.

Key Highlights

• Two‑unit up‑and‑down duplex configuration
• Unit mix includes 1‑bedroom, 1‑bath and 3‑bedroom, 1‑bath residences
• 1,408 SF property on a corner lot

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Dental Office Hair Salon Parking Lot & Garage HVAC Service Law Firm Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

165

Businesses Nearby

Explore this area Business Placement

Demographics for 61531, IL

3,325

Population

1,414

Households

2.4

Avg Household Size

42

Median Age

28%

College-Educated

96%

High-School Grad

56.3 sq mi

ZIP Area

59

Density / Sq Mi

$64,875

Median Household Income

$42,133

Median Earnings

$877

Median Rent

$113,100

Median Home Value

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 - Up-and-down configuration includes one-bedroom and three-bedroom residences on a corner lot.

Where is this duplex located?

The property is located at 413 W Fort St Farmington, IL.

What is the asking price?

The asking price for this property is $97,000.

What are key features of this property?

This property features: Two‑unit up‑and‑down duplex configuration; Unit mix includes 1‑bedroom, 1‑bath and 3‑bedroom, 1‑bath residences; 1,408 SF property on a corner lot