IL > Elmwood
Elmwood, IL 61529,101 N ROSE ST
Elmwood, IL 61529,101 N ROSE ST
Elmwood, IL 61529,101 N ROSE ST
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Shelley Berendt

Shelley Berendt

+1(217) 741-7227
Listed by Justin Ball • RE/MAX Traders Unlimited
$2,995,000
Est. payment /mo
20,433 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 20,433 sqft

Price per Sqft $146

MLS Listing ID PA1260320

Annual Tax Amount $22,376

Tax Year 2024

Lot Size 0.290 Acres

Acres 0.29

Property Sub-Type Commercial

Source rmlsa

Property Description

101 N Rose Street (“Elm Haven Place”) in the heart of Elmwood, Illinois is a 20,000+ SF multifamily property that consists of 22 units laid out across two floors. Each floor features modern, efficient floor plans designed to appeal to long-term tenants. The building's thoughtful design, affordability and quality relative to the local market have helped drive strong leasing performance and low turnover rate. Elmwood is a tightly held, supply-constrained rental market with limited availability of quality multifamily housing. Demand is driven by a stable population base, local employment, and the area's overall affordability. Elm Haven Place's central location within the community and walkable access to daily needs make it one of the more desirable residential options in the market. The lack of comparable product in the immediate area positions the asset well for long-term retention and rent growth.

Location

State IL

County Peoria

Area Paar Area

Zoning C-1

Direction Corner of N. Rose and E. Main

Interior

Heating Forced Air, Natural Gas, Electric, Heat Pump, Other

Cooling Central Air, Heat Pump, Other

Flooring Carpet, Concrete, Tile, Wood

Fireplace N

Exterior

View true

Roof Type Flat

Garage 1

Building

Building Description Brick,Other,Block,Frame,Stone, Cable,Computer Cabling,Other

Faces Corner of N. Rose and E. Main

Sewer Public Sewer

Water Municipal/City

Structure Type Brick,Other,Block,Frame,Stone

Others

Tax ID 11-08-158-007

Miscellaneous Pets Approved

Security Features Yes

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Shelley Berendt

Broker | License ID: 475.127277

+1(217) 741-7227

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101 N ROSE ST

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