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Two-Unit Duplex with Basement
For Sale
Contact for pricing

506 Ave F, Sterling, IL 61081

Upstairs and downstairs residences each offer two bedrooms and one bathroom, with the lower unit including basement laundry.

Property SizeContact for details
Days on Market165

Property Features for 506 Ave F

General Information

Standard status Active
Property subtype Multifamily

Units

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

Building Details

Year Built 1900
Listing Agency: RE/MAX of Rock Valley
Listed By: JD Gieson · License #475189225
Source: Crexi
Added: Mar 25 Changed: Aug 30 Last Checked: Sep 4 at 1:43PM

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 RE/MAX of Rock Valley

Investment Insights

Based on property information with market context.

Built in 1900, this duplex at 506 Ave F contains two residential units arranged on separate levels. Each unit has two bedrooms and one bathroom, providing a consistent layout across the property. The lower residence includes basement space with laundry, while the upper residence is scheduled for new window installation.

The lower unit is currently occupied, and residents pay their own utilities. The property is offered in its existing condition, with the upper-unit window work identified as an outstanding improvement.

Key Highlights

  • Two‑unit duplex at 506 Ave F in Sterling, IL 61081
  • Two bedrooms and one bathroom in each unit
  • Lower unit includes basement space with laundry

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency HVAC Service Pharmacy Daycare Center Auto Parts Store (Bike/Boat/Book/etc) 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

2
Residential units

Location Intelligence

Trade Area within ½ mile

510
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

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?
Duplex - Upstairs and downstairs residences each offer two bedrooms and one bathroom, with the lower unit including basement laundry.
Where is this duplex located?
The property is located at 506 Ave F Sterling, IL.
What is the asking price?
The asking price for this property is $79,900.
What are key features of this property?
This property features: Two‑unit duplex at 506 Ave F in Sterling, IL 61081; Two bedrooms and one bathroom in each unit; Lower unit includes basement space with laundry
(815) 677-1873 Call to check price and availability
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