100 E Market Street Piper City, IL $ 825,000
100 E Market Street
$ 825,000
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100 E Market Street

Piper City, IL, 60959
$ 825,000
Bedrooms2 Baths0.0

Monthly Estimate*

$ 5,147

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Multi-Family Home for sale in Piper City, IL

for $825,000 with 2 bedrooms. This home was built in 1970 on a lot size of 0.52.

This meticulously maintained, all-brick 8-unit apartment building offers a compelling investment opportunity in a high-demand rental market. Each spacious two-bedroom unit is designed for tenant comfort and boasts generous living areas, ensuring consistent desirability. The property features a coin-operated laundry facility, providing an additional revenue stream. Currently, the building enjoys full occupancy with no vacancies, reflecting its strong appeal and effective management. The property is in excellent condition, with ongoing maintenance ensuring long-term durability and minimal upkeep costs. A significant value-add opportunity exists for a new investor, as current rents are below market rates. By strategically adjusting rents to align with local market trends, a buyer can increase cash flow and maximize return on investment. This turnkey property is ideal for investors seeking a stable, income-producing asset with immediate upside potential. Property sits on a double lot that could be used to build a similar building upon village approval. Contact us today to schedule a viewing and explore the financials of this exceptional investment opportunity.

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Multi-Family Active

Price

$ 825,000

Bedrooms

2

Property Type

Multi-Family

Taxes

$ 8,100

Style

Lot Size

0.52

Year Built

1970

Town/City

Piper City

County/Region

Ford

MLS | Web ID

12465785

Features
General
Cooling Window Unit(s)
Zoning COMMR
Year Built 1970
Tenant Pays Electricity Hot Water
Stories Count 2
Tax Year 2024
Gross Income 5900
County Ford
Net Operating Income 54384
Operating Expense 16800
Insurance Expense 2100
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 0
Status Active
Directions US-24 west to Green St North to Market St East
City Piper City
Number Of Units Total 8
MLS Area Piper City
Tax Annual Amount 8100
Electric Expense 3300
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 2100
Additional Parcels Y/N N
Standard Status Active
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Exterior
Lot Dimensions 150 x 150 x 150 x 150
Lot Size Acres 0.52
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* Excluded Features
List By
Ellsbury Group Llc

Broker

Jeremy.Slowinski@EllsburyGroup.com;jslow1210@live.com

Email

Affordability Calculator

$5,822
Per Month
88%
12%
0%
Monthly Principal & Interest
$5,147
Monthly Property Taxes
$675
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/12/2025$825,000 Listed Price

Map


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100 E Market Street, Piper City, IL, 60959 is a Multi-Family Home for sale at $825,000 with a lot size of 0.52. 100 E Market Street has 2 bedrooms, 0.0 baths, and was built in 1970. The property's zip code is 60959 which is in Piper City, IL