Building Details

Year Built 1900

Listing Agency: Keller Williams Premier Realty

Listed By: Angie Powers · License #475 Show Phone

Source: Kw

Added: Jan 25 Changed: Oct 1 Last Checked: Oct 16 at 8:03AM

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Investment Insights

Based on property information with market context.

This updated triplex presents a solid investment opportunity, situated on a spacious lot comprising three parcels. All three units have been updated, and the property includes a newer roof and HVAC systems. The main-level unit benefits from garage access, enhancing its value and convenience. Currently, all tenants are on month-to-month leases, offering flexibility for potential rent increases or owner-occupancy. The property provides strong rental potential with the possibility of increased income. Ample off-street parking and a large yard further contribute to its appeal as an income-producing asset.

Key Highlights

• Updated Triplex: All three units are updated, offering immediate value.
• Newer Roof and HVAC Systems: Significant recent upgrades minimize future expenses.
• Strong Rental Income Potential: Well‑maintained property with room to increase income.

Property Analytics

Current Use

Triplexes

Location Intelligence

Trade Area within ½ mile

Explore this area Business Placement

Demographics for 61377, IL

1,302

Population

762

Households

1.7

Avg Household Size

40

Median Age

18%

College-Educated

87%

High-School Grad

51.3 sq mi

ZIP Area

25

Density / Sq Mi

$48,472

Median Household Income

$31,267

Median Earnings

$785

Median Rent

$127,300

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?

Triplex - Updated triplex with strong rental potential and flexible lease terms.

Where is this triplex located?

The property is located at 718 West Third S Street Wenona, IL.

What is the asking price?

The asking price for this property is $160,000.

What are key features of this property?

This property features: Updated Triplex: All three units are updated, offering immediate value.; Newer Roof and HVAC Systems: Significant recent upgrades minimize future expenses.; Strong Rental Income Potential: Well‑maintained property with room to increase income.