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4-Unit Multifamily Property
For Sale
$150,000

518 W Harris Avenue #A-D, Greenville, IL 62246

Four vacant apartments offer a range of layouts, individual utilities, and room for cosmetic improvements.

Property Size3,328 SF
Days on Market22

Property Features for 518 W Harris Avenue #A-D

General Information

Standard status Active
Size 3,328 SF
Property subtype Residential Income

Property Condition

Severity Minor
Evidence cosmetic updating

Units

Unit Mix 2 x 1BR/1BA, 2 x 3BR/1BA
Multifamily Units 4

Additional Details

Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $4,181

Amenities

yard

Building Details

Building Size 3,328 SF
Year Built 1986
Buildings 1
Units 4
Listing Agency: Seven Oaks Realty
Listed By: Myra Mollett · License #RASI
Source: Century21laclede
Added: Jul 30 Changed: Aug 18 Last Checked: Aug 20 at 3:04PM

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 Seven Oaks Realty

Investment Insights

Based on property information with market context.

This 1986 multifamily property contains four vacant apartments with a mix of one- and three-bedroom layouts. Unit A is a 1-bedroom, 1-bath residence of approximately 624 sq. ft. on the main level and includes appliances. Unit B offers 3 bedrooms, 1 bath, more than 1,000 sq. ft., appliances, and a private deck. Unit C has 1 bedroom and 1 bath, while ground-floor Unit D includes 3 bedrooms, 1 bath, and approximately 1,000 sq. ft.

The property includes a nice-sized yard, and the units primarily require paint, cosmetic updating, and general repairs. Electric and water utilities are separately metered for each apartment, with residents responsible for their own services. The property is located at 518 W Harris Avenue in Greenville, near shopping, dining, and town amenities.

Key Highlights

  • Four units currently vacant
  • Unit mix includes two 1‑bedroom and two 3‑bedroom apartments
  • Unit A: approximately 624 sq. ft., 1 bedroom, 1 bath, main‑level location, and appliances

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Dental Office Electrical Service (Bike/Boat/Book/etc) Store Storage Facility HVAC Service 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
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

390
Businesses Nearby

Demographics for 62246, IL

10,145
Population
3,879
Households
2.6
Avg Household Size
40
Median Age
27%
College-Educated
89%
High-School Grad
143.1 sq mi
ZIP Area
71
Density / Sq Mi
$61,740
Median Household Income
$32,197
Median Earnings
$726
Median Rent
$149,200
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 - Four vacant apartments offer a range of layouts, individual utilities, and room for cosmetic improvements.
Where is this quadplex located?
The property is located at 518 W Harris Avenue #A-D Greenville, IL.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Four units currently vacant; Unit mix includes two 1‑bedroom and two 3‑bedroom apartments; Unit A: approximately 624 sq. ft., 1 bedroom, 1 bath, main‑level location, and appliances
More about this property
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