10-Unit Apartment
For Sale
Contact for pricing
523 SANFORD Street #1-10, East Peoria, IL 61611
Apartment property with individually metered standalone units and shared utilities serving the block-built units.
Property SizeContact for details
Days on Market143
Property Features for 523 SANFORD Street #1-10
General Information
Standard status
Active
Property subtype
Multifamily
Net Operating Income
$30,000
Additional Details
Utilities to Site
Yes
Multifamily Units
10
Listing Agency:
Keller Williams Premier Realty
Listed By:
Troy Kerrn · License #RMA4258
(309) 369-2368
Source:
Crexi
Added: Apr 13
Changed: Aug 31
Last Checked: Aug 30 at 4:22PM
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 Premier Realty
Investment Insights
Based on property information with market context.
This 10-unit apartment property includes five standalone units—1, 2, 3, 4, and 10—and a separate block-building configuration comprising units 5 through 9. The standalone units have individual gas and electric meters, while units 5–9 share one gas meter and one electric meter. Units 5–9 also receive hot water from a single gas water heater located in the closet of unit 7.
The standalone units are equipped with gas water heaters and gas furnaces; unit 3 has a gas forced-air system. Each apartment includes a gas range and an electric refrigerator. Unit 8 is the exception, as its refrigerator has not been replaced.
The standalone units are equipped with gas water heaters and gas furnaces; unit 3 has a gas forced-air system. Each apartment includes a gas range and an electric refrigerator. Unit 8 is the exception, as its refrigerator has not been replaced.
Key Highlights
- 10‑unit apartment property with units 1–10
- Standalone units 1, 2, 3, 4, and 10 have separate gas and electric meters
- Units 5, 6, 7, 8, and 9 share one gas meter and one electric meter
Property Analytics
Property Profile
Current Use
Lease Details
10
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
271
Businesses Nearby
Explore this area
Business Placement
Demographics for 61611, IL
23,837
Population
11,207
Households
2.1
Avg Household Size
44
Median Age
26%
College-Educated
93%
High-School Grad
41.0 sq mi
ZIP Area
581
Density / Sq Mi
$76,329
Median Household Income
$44,586
Median Earnings
$942
Median Rent
$162,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Apartment property with individually metered standalone units and shared utilities serving the block-built units.
Where is this apartment building located?
The property is located at 523 SANFORD Street #1-10 East Peoria, IL.
What are key features of this property?
This property features: 10‑unit apartment property with units 1–10; Standalone units 1, 2, 3, 4, and 10 have separate gas and electric meters; Units 5, 6, 7, 8, and 9 share one gas meter and one electric meter
