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    Residential Income Apartment Building Title is generated by Realmo AI

    5430 Dale Avenue, Loves Park, IL 61111

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    Claim this Listing
    New
    For Sale
    $700,000

    MULTI_FAMILY - LOVES PARK, IL

    Property size:
    6,000 SF
    Price / SF:
    $116/SF
    Added:
    Jun 19, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 21 at 12:06 am

    Property Features for 5430 Dale Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    12
    Bathrooms
    6
    Rooms
    Bedroom 5, Bedroom 7, Bedroom 3, Bathroom 1, Bathroom 4, Bathroom 5, Bathroom 6, Bedroom 1, Bedroom 6, Bedroom 10, Bedroom 12, Bathroom 3, Bedroom 11, Bedroom 8, Bedroom 9, Bedroom 2, Bedroom 4, Bathroom 2
    Parking
    6
    Appliances
    Refrigerator, Stove/Cooktop
    Standard status
    Active
    APN
    1207102023
    Size
    6,000 SF

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    Per title
    Tax Annual Amount
    9589

    Utilities

    Heating system
    Natural Gas, Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    2021
    Floors in Building
    1
    Number of units
    6
    Roof type
    Shingle

    We can help!

    Listing Contact
    Ken Redeker

    Listing agent Ken Redeker License #471012969

    Listing office Keller Williams Realty Signature 4201 Galleria Dr., Loves Park, IL

    Listing date Jun 19, 2026

    MLS# 202603653 Listing URL

    Copyright © 2026 NorthWest Illinois Alliance of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Built in 2021 with shingle roofing
    • Central air cooling
    • Forced‑air heating with natural gas
    • Includes refrigerator and stove/cooktop
    • 12 bedrooms and 6 bathrooms (rooms listed as Bedroom 1–12 and Bathroom 1–6)

    Overview

    This residential income apartment building offers units with similar layouts. The configuration includes a living-area design on the first level with upper-level bedrooms, creating a consistent plan across the available units.

    The property is located at 5430 Dale Avenue in Loves Park, Illinois 61111. It is offered for sale with an emphasized focus on rental history, supported by the listing’s statement of a “good rental history.”

    For buyers seeking a multifamily asset with repeatable unit design, this building’s consistent floorplan can simplify leasing and operations. The split living-area arrangement may appeal to tenants looking for separation between main living space and sleeping areas. As presented, the offering is best suited for an investor or owner-operator evaluating a small multifamily building with uniform unit characteristics.

    Local Financial Insights For Apartment 5plus

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $104.4k $17.40
    − Vacancy −$8.5k −$1.41
    EGI $95.9k $15.99
    − OpEx −$43.2k −$7.20
    NOI $52.8k $8.79
    6,000 SF · lease $17.40/SF/yr · vacancy 8.10% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $753.8K
    $659.6K – $879.5K (±1% cap)
    NOI $52,769 @ 7.0% cap · market cap 7.54%
    Second Best
    no second resolved use
    Theoretical Best
    Office A
    $1.64M
    $1.43M – $1.91M (±1% cap)
    NOI $114,480 @ 7.0% cap · market cap 16.35%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Loves Park
    County
    Winnebago
    State
    Illinois
    Longitude
    -89.055166
    Latitude
    42.309987

    FAQs

    What type of property is this?
    Apartment building - Apartment building for sale in Loves Park with similar unit layouts and a split living-area configuration.
    Where is this apartment building located?
    The property is located at 5430 Dale Avenue Loves Park, IL.
    What is the asking price?
    The asking price for this property is $700,000.
    What are key features of this property?
    This property features: Built in 2021 with shingle roofing; Central air cooling; Forced‑air heating with natural gas
    More about this property
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