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Three-Unit Triplex with Detached Garage

737 N Columbia Avenue, Oglesby, IL 61348

For Sale
New
Contact for pricing

Three separate apartments include a furnished second-floor unit and a rear apartment with an enclosed heated porch.

Property SizeContact for details
Days on Market6

Property Features for 737 N Columbia Avenue

General Information

Standard status Active
Property subtype Multifamily

Units

Unit Mix 1 x 3BR/2BA, 2 x 1BR/1BA
Multifamily Units 3
Individually Metered Utilities electricity, gas

Additional Details

Furnished Yes
Utilities to Site Yes

Amenities

washer & dryer hookup
enclosed heated porch
detached garage
stair lift

Building Details

Buildings 1
Listing Agency: Coldwell Banker Today's Realtors LLC
Listed By: Bonnie Lester
Source: Crexi
Added: Nov 6 Changed: Nov 10 Last Checked: Nov 10 at 2:35PM

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 Coldwell Banker Today's Realtors LLC

Rey
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Investment Insights

Based on property information with market context.

This triplex contains three apartments: a main-level residence with 3 bedrooms and 2 baths, a second-floor unit with 1 bedroom and 1 bath, and a rear apartment with 1 bedroom and 1 bath. The main unit has an eat-in kitchen, a large living room, central air, basement access, and washer-and-dryer hookups. The upstairs apartment includes furniture, appliances, and portable air conditioning; the rear unit has an open layout, an enclosed heated porch, and additional storage. Appliances remain, including three refrigerators and three stoves. A dishwasher in the main unit is not working, and the upstairs unit has fuse-based electrical service.

A detached 3-car garage includes one heated bay and a 50-amp welding outlet. Off-street parking accommodates several vehicles. The basement has a shower, toilet, and sink, with access from the rear apartment. The property is offered as-is and includes a stair lift to the basement.

Key Highlights

  • Three apartments: main‑level 3‑bedroom, 2‑bath unit; two 1‑bedroom, 1‑bath units
  • Detached 3‑car garage with one heated bay and a 50‑amp welding outlet
  • Rear apartment has an enclosed heated porch and additional storage

Property Analytics

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Lease Details

3
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

79
Businesses Nearby

Demographics for 61348, IL

4,576
Population
2,182
Households
2.1
Avg Household Size
44
Median Age
20%
College-Educated
93%
High-School Grad
39.3 sq mi
ZIP Area
116
Density / Sq Mi
$71,197
Median Household Income
$44,029
Median Earnings
$691
Median Rent
$139,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Three separate apartments include a furnished second-floor unit and a rear apartment with an enclosed heated porch.
Where is this triplex located?
The property is located at 737 N Columbia Avenue Oglesby, IL.
What is the asking price?
The asking price for this property is $259,000.
What are key features of this property?
This property features: Three apartments: main‑level 3‑bedroom, 2‑bath unit; two 1‑bedroom, 1‑bath units; Detached 3‑car garage with one heated bay and a 50‑amp welding outlet; Rear apartment has an enclosed heated porch and additional storage
(815) 223-1674 Call to check price and availability
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