Building Details

Buildings 3

Listing Agency: john greene Real Estate c***@johngreenecommercial.com Show Phone

Listed By: Chris Condon · License #IL 471002632

Source: Crexi

Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 2:19AM

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Investment Insights

Based on property information with market context.

This apartment property includes three multifamily buildings with a combined total of 12 rental units. The buildings occupy a 4.7-acre property at 511 Kenview Dr in Wilmington, Illinois.

Key Highlights

• 12 rental units across three multifamily buildings
• 4.7‑acre property
• Located at 511 Kenview Dr, Wilmington, IL 60481

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Dental Office Parking Lot & Garage Garden Center Furniture & Home Goods (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

12

Residential units

Location Intelligence

Trade Area within ½ mile

44

Businesses Nearby

Explore this area Business Placement

Demographics for 60481, IL

11,518

Population

5,553

Households

2.1

Avg Household Size

46

Median Age

17%

College-Educated

92%

High-School Grad

123.5 sq mi

ZIP Area

93

Density / Sq Mi

$76,398

Median Household Income

$45,563

Median Earnings

$975

Median Rent

$224,800

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?

Apartment building - Multifamily rental property arranged across separate buildings.

Where is this apartment building located?

The property is located at 511 Kenview Dr Wilmington, IL.

What are key features of this property?

This property features: 12 rental units across three multifamily buildings; 4.7‑acre property; Located at 511 Kenview Dr, Wilmington, IL 60481