Renovated 12-Unit Apartment
522 N Main St Hanna City, IL 61536
522 N Main St, Hanna City, IL, 61536
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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
(309) 687-5000
Listed by
Jessica Ball · License #475175281
Source
Crexi
Added: Jan 30 Updated: Jul 20 at 9:45PM Checked: Jul 21 at 7:06AM
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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.
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
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Apartment buildings
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)