6-Unit Apartment
For Sale
$775,000
536 Schroeder Avenue, Peotone, IL 60468
The fully leased property combines a consistent two-bedroom layout with upgraded interiors in several apartments.
Property SizeContact for details
Days on Market269
Property Features for 536 Schroeder Avenue
General Information
Standard status
Active
Property subtype
Commercial
Occupancy
100%
Units
Unit Mix
6 x 2BR/1BA
Multifamily Units
6
Additional Details
Highway Access
Yes
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$10,232
Amenities
common laundry area
Building Details
Year Built
1970
Year Renovated
2023
Buildings
1
Stories
2
Units
6
Listing Agency:
Coldwell Banker Real Estate Group
Listed By:
Michelle Ward · License #475175374
(708) 301-4700
Source:
Fishmangroup
Added: Feb 7
Changed: Oct 26
Last Checked: Oct 29 at 8:41PM
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 Coldwell Banker Real Estate Group
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Investment Insights
Based on property information with market context.
This 6-unit apartment building contains six two-bedroom, one-bath apartments. Three units have remodeled kitchens and bathrooms, along with new LVP flooring; a fourth has new flooring. The shared laundry room has also been remodeled. A central boiler and one hot water tank serve the building, and parking is available on site.
Built in 1970, the property received a full roof and structural tear-off in 2023. All units are leased. The building is in Peotone, with access to I-57 and Route 50.
Built in 1970, the property received a full roof and structural tear-off in 2023. All units are leased. The building is in Peotone, with access to I-57 and Route 50.
Key Highlights
- Six apartments, each with two bedrooms and one bathroom
- Three units feature remodeled kitchens and bathrooms and new LVP flooring
- A fourth apartment has new flooring
Property Analytics
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Lease Details
6
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
153
Businesses Nearby
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Business Placement
Demographics for 60468, IL
6,112
Population
2,329
Households
2.6
Avg Household Size
42
Median Age
29%
College-Educated
93%
High-School Grad
69.6 sq mi
ZIP Area
88
Density / Sq Mi
$101,618
Median Household Income
$44,625
Median Earnings
$1,102
Median Rent
$282,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - The fully leased property combines a consistent two-bedroom layout with upgraded interiors in several apartments.
Where is this apartment building located?
The property is located at 536 Schroeder Avenue Peotone, IL.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: Six apartments, each with two bedrooms and one bathroom; Three units feature remodeled kitchens and bathrooms and new LVP flooring; A fourth apartment has new flooring
