Updated Triplex on Spacious
For Sale
$160,000
718 West Third S Street, Wenona, IL 61377
Updated triplex with strong rental potential and flexible lease terms.
Property SizeContact for details
Lot Size0.67 Acres
Days on Market251
Property Features for 718 West Third S Street
General Information
Standard status
Active
Lot size
0.67 Acres
Property subtype
Multi-Family
Amenities
Natural Gas
Building Details
Year Built
1900
Listing Agency:
Keller Williams Premier Realty
(309) 241-1182
Listed By:
Angie Powers · License #475
(309) 241-1182
Source:
Kw
Added: Dec 24, 2025
Changed: Aug 31
Last Checked: Aug 31 at 12:25AM
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 Keller Williams Premier Realty
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
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
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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.
