Search
4-Unit Quadplex with Separate Meters
For Sale
Contact for pricing

706 Locust Street, Sterling, IL 61081

Four-unit residential income property with individually metered electric and water service.

Property SizeContact for details
Days on Market136

Property Features for 706 Locust Street

General Information

Standard status Active
Property subtype Multifamily
Zoning MULTI
Listing Agency: RE/MAX Sauk Valley
Listed By: Opal Sundrani · License #475211170
Source: Crexi
Added: Apr 17 Changed: Aug 30 Last Checked: Apr 24 at 10:12PM

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 RE/MAX Sauk Valley

Investment Insights

Based on property information with market context.

This quadplex contains 4 units: 2 one-bedroom residences and 2 efficiency units. Separate electric and water meters serve each unit, providing individually measured utility service. The property is being sold as-is and is zoned MULTI.

Located at 706 Locust Street in Sterling, Illinois, the building is configured for multi-unit residential use. The unit mix combines conventional one-bedroom layouts with compact efficiency residences.

Key Highlights

  • 4 units: 2 one‑bedroom units and 2 efficiency units
  • Separate electric meters for each unit
  • Separate water meters for each unit

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Pharmacy HVAC Service Auto Parts Store Computer & Electronic Repair

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

Location Intelligence

Trade Area within ½ mile

565
Businesses Nearby

Demographics for 61081, IL

21,064
Population
9,753
Households
2.2
Avg Household Size
43
Median Age
20%
College-Educated
91%
High-School Grad
124.4 sq mi
ZIP Area
169
Density / Sq Mi
$60,854
Median Household Income
$40,497
Median Earnings
$791
Median Rent
$121,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit residential income property with individually metered electric and water service.
Where is this quadplex located?
The property is located at 706 Locust Street Sterling, IL.
What is the asking price?
The asking price for this property is $59,900.
What are key features of this property?
This property features: 4 units: 2 one‑bedroom units and 2 efficiency units; Separate electric meters for each unit; Separate water meters for each unit
(773) 344-4750 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message