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Duplex Multifamily Income Property
For Sale
$200,000
Pending

509 W Franklin St, Rockton, IL 61072

For sale duplex multifamily income property in Rockton, Illinois, offering rental housing under one ownership.

Property Size1,512 SF
Days on Market79

Property Features for 509 W Franklin St

General Information

Standard status Pending
Size 1,512 SF
Property subtype Residential Income

Taxes and HOA fees

Annual Taxes $4,458
Listing Agency: Keller Williams Realty Signature
Listed By: Nicholas Carter · License #475179409
Source: Exprealty
Added: Jun 10 Changed: Aug 25 Last Checked: Aug 1 at 7:12PM

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 Keller Williams Realty Signature

Investment Insights

Based on property information with market context.

This offering is a multifamily residential income property presented as a duplex. The listing is described broadly as multifamily, with the structure positioned for residential rental use as part of a single ownership arrangement.

The property is located at 509 W Franklin Street in Rockton, IL 61072. As with most residential income listings, buyers typically evaluate the building layout, unit configuration, and overall condition as part of underwriting.

For prospective buyers and investors, a duplex format can fit a range of residential income strategies, particularly where an owner wants exposure to multiple rental units within one property. Potential tenants and operators should review the specific unit features, rent-ready status, and any available leasing terms during the due diligence process.

Key Highlights

  • Duplex multifamily income property for sale in Rockton, Illinois
  • Multifamily rental housing under one ownership
  • Built in 1900

Property Analytics

Current Use

Specialty properties

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Pharmacy Big Box & Wholesale Store Real Estate Agency Law Firm

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

226
Businesses Nearby

Demographics for 61072, IL

11,259
Population
4,333
Households
2.6
Avg Household Size
43
Median Age
35%
College-Educated
96%
High-School Grad
52.3 sq mi
ZIP Area
215
Density / Sq Mi
$102,604
Median Household Income
$50,631
Median Earnings
$982
Median Rent
$225,100
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Specialty property - For sale duplex multifamily income property in Rockton, Illinois, offering rental housing under one ownership.
Where is this specialty property located?
The property is located at 509 W Franklin St Rockton, IL.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Duplex multifamily income property for sale in Rockton, Illinois; Multifamily rental housing under one ownership; Built in 1900
More about this property
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