Building Details

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Listing Agency: Jameson Sotheby's Chicago p***@jamesonsir.com Show Phone

Listed By: Priti Patel · License #475.188316

Source: Crexi

Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 1:56PM

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Investment Insights

Based on property information with market context.

This quadplex includes four (4) well-maintained, two-story townhouse units with matching floor plans. Each residence begins with a lower-level bedroom with an ensuite bathroom, mechanical room, and direct entry to a two-car garage. The main level includes a living room with fireplace, kitchen with pantry, full bathroom, laundry area, balcony, and primary bedroom.

All units are fully occupied. Three residences feature newer wood-like flooring throughout, while one has carpeting throughout. The property is situated off Hwy 76 and approximately 15 miles from Rockford, providing a suburban setting with access to nearby city amenities.

Key Highlights

• Four (4) two‑story townhouse units with the same layout
• All units are fully occupied
• Each unit includes a two‑car garage and private balcony

Property Analytics

Property Profile

Current Use

Quadplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store

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

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

10

Businesses Nearby

Explore this area Business Placement

Demographics for 61065, IL

11,206

Population

3,846

Households

2.9

Avg Household Size

38

Median Age

23%

College-Educated

92%

High-School Grad

50.9 sq mi

ZIP Area

220

Density / Sq Mi

$104,216

Median Household Income

$50,958

Median Earnings

$1,469

Median Rent

$208,400

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 quadplex with matching townhouse layouts, private garages, balconies, and two-story interiors.

Where is this quadplex located?

The property is located at 4423 Menge Ln Poplar Grove, IL.

What are key features of this property?

This property features: Four (4) two‑story townhouse units with the same layout; All units are fully occupied; Each unit includes a two‑car garage and private balcony