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Renovated 12-Unit Apartment Building

522 N Main St Hanna City, IL 61536

522 N Main St, Hanna City, IL, 61536
Contact for pricing
For Sale
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Renovated 12-unit multifamily property with a mix of 1- and 2-bedroom units and recent major utility updates.

Property Size5,586 SF
Price / SF$137.84
Days on Market172

Property Features for 522 N Main St

General Information

Standard status
Active
Size
5,586 SF
Property subtype
Multifamily

Building Details

Year Built
1967
Listing agency RE/MAX Traders Unlimited
Listed by Jessica Ball · License #475175281
Source Crexi
Added: Jan 30 Updated: Jul 20 at 9:45PM Checked: Jul 21 at 7:06AM

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 Traders Unlimited


Investment Insights

Based on property information with market context.

This 12-unit apartment building has been fully renovated or updated throughout, with ongoing improvements to building systems and plumbing. Unit mix is odd-numbered 1 bedroom/1 bathroom units and even-numbered 2 bedroom/1 bathroom units. There is currently one vacant unit (#2). Recent updates include boiler hot water lines and parts in 2024–2025, a new main water line from the street to the building in 2023, a new sewer clean out in 2023, and a new water heater in 2024.

The property is located at 522 N Main St in Hanna City, about 10 miles west of Peoria near the Peoria International Airport. The building is within the Village TIF District and Business Development District (BDD), which provide incentives for improvements.

With one unit currently available, the property is positioned for stable tenancy under its established unit layout, following the recent renovations and utility upgrades.

Key Highlights

  • 12‑unit apartment building (Year built 1967) with a mix of 1BD/1BA and 2BD/1BA units
  • Units have been completely renovated or updated; odd‑numbered units are 1 bedroom/1 bathroom and even‑numbered units are 2 bedroom/1 bathroom
  • Recent utility updates include new main water line from the street to the building (2023) and new sewer clean out (2023)

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Parking Lot & Garage Auto Parts Store Plumbing Service Pharmacy Storage Facility Garden Center Building Supply Auto Repair Shop Kitchen & Bath Showroom

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Renovated 12-unit multifamily property with a mix of 1- and 2-bedroom units and recent major utility updates.
Where is this apartment building located?
The property is located at 522 N Main St Hanna City, IL.
What is the asking price?
The asking price for this property is $770,000.
What are key features of this property?
This property features: 12‑unit apartment building (Year built 1967) with a mix of 1BD/1BA and 2BD/1BA units; Units have been completely renovated or updated; odd‑numbered units are 1 bedroom/1 bathroom and even‑numbered units are 2 bedroom/1 bathroom; Recent utility updates include new main water line from the street to the building (2023) and new sewer clean out (2023)
Contact an agent
(309) 687-5000 Call to check price and availability
More about this property
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