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Property Description
**FIVE-UNIT MULTIFAMILY INVESTMENT OPPORTUNITY IN MANHATTAN, IL!** Fully occupied, legally established five-unit income-producing property in Will County, offering approximately $89,400 in annual scheduled rental income with additional rental growth potential. The property features four 2-bedroom, 1-bath apartments and a spacious two-story, 3-bedroom, 2-bath owner's-style unit with an attached one-car garage. This larger unit offers two separate living areas, an updated kitchen, central air conditioning, and private laundry hookups, making it suitable for continued rental use or potential future owner occupancy, subject to existing tenancies. One additional apartment features an updated kitchen. The water heater, furnace, and central air conditioning system are approximately 10 years old. All five units are separately metered for electricity, with tenants responsible for their individual electric usage. Additional amenities include dedicated on-site parking and coin-operated laundry facilities with machines less than four years old. All units are currently occupied under month-to-month rental arrangements. Three units have not had rental adjustments in an extended period, presenting an opportunity to evaluate potential rent increases based on current market conditions and applicable laws. With established rental income, a desirable unit mix, and potential for increased revenue, this Manhattan multifamily property offers an attractive opportunity for investors seeking an income-producing asset in the southwest Chicago suburbs. Rent roll and operating expense information available upon request.
Full Property Details
Full Property Details for 210 Woodrow Ave
General
- Price: $950,000
- Taxes: $15,417 (2025)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12784011
Location
- Area: Manhattan/Wilton Center
- County: Will
- Driving Directions: Take rt-52 to Manhattan, IL , take Woodrow Av West, the building is on the LHS
Heating & Cooling
- Heating Type: Central Heat/Individual Controls, Forced Air, Wall Unit, Separate per Unit
Utilities
- Trash: 1002
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Stories/Levels: 2
- Square Feet: 7,080
- Current Bldg. Use: Multi-Family
- Year Built: 1978
Lot Features
- Lot Size (Acres): 0.48
- Lot Dimensions: 98 x 196 x 99 x 199
- Zoning: MULTI
Financial Considerations
- Insurance Fee: $4,106
- Operating Expenses: $29,131
- Assessment Year: 1978
- Tax Amount: $15,417
- Tax Year: 2025
- Pays Electric: 930
- Pays Trash: 1002
Disclosures and Reports
- Property ID: 1412173080160000
Listed by Keller Williams Preferred Rlty
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Schools
Schools serving 210 Woodrow Ave
School Districts:Manhattan School District 114, Lincoln Way Community High School District 210
| Name | Grades | Distance |
|---|---|---|
Wilson Creek Elementary School 25440 South Gougar Road, Manhattan, IL 60442 | PK-2 | 0.6 mi |
Anna Mcdonald Elementary School 200 Second Street, Manhattan, IL 60442 | 3-5 | 0.9 mi |
Manhattan Jr High School 15606 Smith Road, Manhattan, IL 60442 | 6-8 | 0.7 mi |
Lincoln Way West 21701 S Gougar Rd, New Lenox, IL 60451 | 9-12 | 4.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Tax History
Tax History for 210 Woodrow Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$15,689
—
$160,250
3%
2025
$15,689
-1%
$155,000
—
2023
$15,869
17%
$155,000
17%
2022
$13,560
-1%
$132,000
—
2020
$13,631
—
$132,000
—
2019
$13,595
10%
$132,000
10%
2018
$12,316
—
$120,000
—
2017
$12,376
-1%
$120,000
—
2016
$12,442
-1%
$120,000
—
2015
$12,569
-12%
$120,000
-12%
2014
$14,258
5%
$136,950
—
2013
$13,595
7%
$136,950
—
2012
$12,682
—
$136,950
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 210 Woodrow Ave
210 Woodrow Avenue, Manhattan, IL 60442 (MLS# 12784011) is a Commercial property. 210 Woodrow Avenue is currently listed for $950,000 and was received on October 13, 2026. Want to learn more about 210 Woodrow Avenue? Do you have questions about finding other Commercial real estate for sale in Manhattan? You can browse all Manhattan real estate or contact a Coldwell Banker agent to request more information.

