8-Unit Apartment
For Sale
$540,000
7346 State Rte. 15, Saint Libory, IL 62282
Commercial Sale, Saint Libory, IL
Property SizeContact for details
Lot Size0.68 Acres
Days on Market152
Property Features for 7346 State Rte. 15
General Information
Property type
Commercial Sale
Property subtype
Other
Bedrooms
8
Rooms
Bedroom 2, Bedroom 8, Bedroom 5, Bedroom 1, Bedroom 3, Bedroom 4, Bedroom 7, Bedroom 6
High school district
000000
Directions
*GPS is accurate
Standard status
Active
APN
19-13.0-108-036
Lot size
0.68 Acres
Additional Details
Tenant in Place
Yes
Listing Agency:
National Land Realty, Illinois
Listed By:
Colin Roessler
(855) 384-5263
Added: Jun 1
Changed: Oct 30
Last Checked: Oct 30 at 2:06AM
MLS# 11868510
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 8-unit apartment property includes seven units of approximately 800 square feet and one one-bedroom unit of approximately 500 square feet. The unit mix consists of one- and two-bedroom apartments, and all units are currently occupied under month-to-month leases. Building systems include established plumbing and electrical infrastructure, multiple HVAC units, and a roof installed in 2024.
The property occupies 0.68 acres at 7346 State Rte. 15 in Saint Libory, Illinois. On-site parking includes 20 spaces for residents and guests. Current occupancy and flexible lease terms provide an established operating profile, while the apartment configuration supports continued residential rental use.
The property occupies 0.68 acres at 7346 State Rte. 15 in Saint Libory, Illinois. On-site parking includes 20 spaces for residents and guests. Current occupancy and flexible lease terms provide an established operating profile, while the apartment configuration supports continued residential rental use.
Key Highlights
- 8 apartments with a mix of one- and two‑bedroom units
- 100% occupied with all tenants on month‑to‑month leases
- Seven units are approximately 800 square feet; one one‑bedroom unit is approximately 500 square feet
Property Analytics
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Lease Details
8
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
42
Businesses Nearby
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Business Placement
Demographics for 62282, IL
638
Population
306
Households
2.1
Avg Household Size
44
Median Age
22%
College-Educated
96%
High-School Grad
1.9 sq mi
ZIP Area
336
Density / Sq Mi
$113,167
Median Household Income
$61,067
Median Earnings
$788
Median Rent
$168,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - Eight occupied apartments include one- and two-bedroom layouts with month-to-month leases.
Where is this apartment building located?
The property is located at 7346 State Rte. 15 Saint Libory, IL.
What is the asking price?
The asking price for this property is $540,000.
What are key features of this property?
This property features: 8 apartments with a mix of one- and two‑bedroom units; 100% occupied with all tenants on month‑to‑month leases; Seven units are approximately 800 square feet; one one‑bedroom unit is approximately 500 square feet
