602 N Main, Augusta, IL 62311

Building Details

Buildings 2 More

Listing Agency: KW Hometown k***@kw.com Show Phone

Listed By: Luke Tappe Show Phone

Source: Exprealty

Added: Oct 28 Changed: Nov 7 Last Checked: Nov 6 at 2:12PM

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Investment Insights

Based on property information with market context.

At 602 N Main in Augusta, this mixed-use property includes two buildings totaling 4,836 square feet. The eight-unit mix consists of seven residential units and one commercial unit. A TPO roof was installed in 2026.

Seller-provided projections show an 11.8% cap rate at 85% occupancy and a 13.2% cap rate at 90% occupancy. These figures are not guaranteed and should be independently verified.

Key Highlights

• Eight units across two buildings: seven residential and one commercial
• 4,836 square feet at 602 N Main, Augusta, IL 62311
• TPO roof installed in 2026

Property Analytics

Current Use

Mixed-use properties

Suggested Use

Top Pick Electrical Service Building Supply Plumbing Service Dental Office Grocery & Convenience Store Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

7

Residential units

Location Intelligence

Trade Area within ½ mile

66

Businesses Nearby

Explore this area Business Placement

Demographics for 62311, IL

754

Population

489

Households

1.5

Avg Household Size

45

Median Age

22%

College-Educated

91%

High-School Grad

48.6 sq mi

ZIP Area

16

Density / Sq Mi

$42,156

Median Household Income

$41,536

Median Earnings

$102,300

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Frequently Asked Questions

What type of property is this?

Mixed-use property - Two buildings combine seven residential units with a single commercial space.

Where is this mixed-use property located?

The property is located at 602 N Main Augusta, IL.

What is the asking price?

The asking price for this property is $250,000.

What are key features of this property?

This property features: Eight units across two buildings: seven residential and one commercial; 4,836 square feet at 602 N Main, Augusta, IL 62311; TPO roof installed in 2026