Quadplex Property with
For Sale
$399,000
699 E Fort Street, Farmington, IL 61531
Three-building multifamily asset with substantial on-site parking and renovation needs.
Property Size8,000 SF
Days on Market169
Property Features for 699 E Fort Street
General Information
Standard status
Active
Size
8,000 SF
Total Parking Spaces
15
Property subtype
Residential Income
Property Condition
Severity
Repairs Needed
Evidence
The buildings do require repairs and updates
Additional Details
Multifamily Units
12
Taxes and HOA fees
Annual Taxes
$7,767
Building Details
Building Size
8,000 SF
Year Built
999
Buildings
3
Units
12
Listing Agency:
Move Smart Realty
(309) 472-4627
Listed By:
Lisa Inman · License #471022023
(309) 472-4627
Source:
Craggsrealtors
Added: Mar 16
Changed: Aug 30
Last Checked: Aug 30 at 5:39PM
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 Move Smart Realty
Investment Insights
Based on property information with market context.
This multifamily property comprises 3 separate buildings, with 4 units per building and a large shared parking area. The stated unit mix includes two 2-bedroom units and two 1-bedroom units. The buildings require repairs and updates, positioning the property for a renovation project rather than immediate stabilized occupancy.
Located at 699 E Fort Street in Farmington, Illinois, the property combines multiple structures with generous site area and convenient vehicle access through its parking facilities. The existing configuration provides a defined framework for multifamily renovation and future leasing after improvements are completed.
Located at 699 E Fort Street in Farmington, Illinois, the property combines multiple structures with generous site area and convenient vehicle access through its parking facilities. The existing configuration provides a defined framework for multifamily renovation and future leasing after improvements are completed.
Key Highlights
- 3 separate buildings with 4 units per building
- Unit mix includes two 2‑bedroom units and two 1‑bedroom units
- Large parking area serves the multifamily property
Property Analytics
Property Profile
Current Use
Lease Details
12
Residential units
Location Intelligence
Trade Area within ½ mile
24
Businesses Nearby
Explore this area
Business Placement
Demographics for 61531, IL
3,325
Population
1,414
Households
2.4
Avg Household Size
42
Median Age
28%
College-Educated
96%
High-School Grad
56.3 sq mi
ZIP Area
59
Density / Sq Mi
$64,875
Median Household Income
$42,133
Median Earnings
$877
Median Rent
$113,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Quadplex - Three-building multifamily asset with substantial on-site parking and renovation needs.
Where is this quadplex located?
The property is located at 699 E Fort Street Farmington, IL.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 3 separate buildings with 4 units per building; Unit mix includes two 2‑bedroom units and two 1‑bedroom units; Large parking area serves the multifamily property
