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Three-Unit Triplex with Metal Roof
For Sale
$89,900

423 W Main Street, Clinton, IL 61727

Two apartments are occupied, and the third is unfinished for a future rental or residential use.

Property SizeContact for details
Days on Market26

Property Features for 423 W Main Street

General Information

Standard status Active
Property subtype Residential Income

Units

Unit Mix 2 x 1BR/1BA, 1 x 2BR/1BA
Multifamily Units 3

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $2,496

Building Details

Year Built 1893
Listing Agency: Utterback Real Estate
Listed By: Ryan Utterback · License #471006760
Source: Freedomrealtyil
Added: Oct 4 Changed: Oct 25 Last Checked: Oct 26 at 3:55AM

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 Utterback Real Estate

Rey
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Investment Insights

Based on property information with market context.

This triplex contains three separate apartments with a total of 4 bedrooms and 3 full bathrooms. One unit has 2 bedrooms and 1 bathroom; the other two each have 1 bedroom and 1 bathroom. The third apartment is unfinished, while replacement windows and a metal roof are among the property’s improvements. Built in 1893, the building offers a three-unit configuration with two apartments currently occupied.

Key Highlights

  • Three units with 4 bedrooms and 3 full bathrooms
  • Two units are occupied; the third is unfinished
  • Unit mix: one 2‑bedroom, 1‑bath unit and two 1‑bedroom, 1‑bath units

Property Analytics

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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

541
Businesses Nearby

Demographics for 61727, IL

9,450
Population
4,363
Households
2.2
Avg Household Size
42
Median Age
22%
College-Educated
90%
High-School Grad
127.2 sq mi
ZIP Area
74
Density / Sq Mi
$61,614
Median Household Income
$41,390
Median Earnings
$912
Median Rent
$115,700
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?
Triplex - Two apartments are occupied, and the third is unfinished for a future rental or residential use.
Where is this triplex located?
The property is located at 423 W Main Street Clinton, IL.
What is the asking price?
The asking price for this property is $89,900.
What are key features of this property?
This property features: Three units with 4 bedrooms and 3 full bathrooms; Two units are occupied; the third is unfinished; Unit mix: one 2‑bedroom, 1‑bath unit and two 1‑bedroom, 1‑bath units
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