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$400,000
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Property Description
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.
Full Property Details
Full Property Details for 100 E Market St
General
- Sold For: $400,000
- Taxes: $8,100 (2024)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12465785
- Added to Site: 203 day(s) ago
Location
- Area: Piper City
- County: Ford
- Driving Directions: US-24 west to Green St North to Market St East
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Electric, Baseboard
Structural Information
- Stories/Levels: 2
- Year Built: 1970
- Built Before 1978: Yes
Unit Information
- # Dryers: 2
Lot Features
- Lot Size (Acres): 0.52
- Lot Dimensions: 150 x 150 x 150 x 150
- Zoning: COMMR
Financial Considerations
- Operating Expenses: $16,800
- Assessment Year: 1970
- Tax Amount: $8,100
- Tax Year: 2024
- Tenant Pays: Electricity, Hot Water
Disclosures and Reports
- Property ID: 4040427900100
Listed by Ellsbury Group LLC
Sold by Coldwell Banker Real Estate Group
Get Pre-Approved Today
Schools
Schools serving 100 E Market St
School District:Tri-Point Community Unit School District 6-J
| Name | Grades | Distance |
|---|---|---|
Tri-Point Jr High/Elementary School PO Box 158, Piper City, IL 60959 | 4-8 | 0.2 mi |
Tri Point Elementary School PO Box 128, Kempton, IL 60946 | PK-3 | 0.2 mi |
Tri-Point High School PO Box 316, Cullom, IL 60929 | 9-12 | 9.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 100 E Market St
Date
Details
Price
Change
Source
3/05/2026
Sold
$400,000
-30.43%
MLS
1/31/2026
Price Reduced
$575,000
-4.01%
MLS
1/02/2026
Price Reduced
$599,000
-27.39%
MLS
9/12/2025
Listed
$825,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
100 E Market Street, Piper City, IL 60959 (MLS# 12465785) is a Commercial property that was sold at $400,000 on March 05, 2026. Want to learn more about 100 E Market Street? Do you have questions about finding other Commercial real estate for sale in Piper City? You can browse all Piper City real estate or contact a Coldwell Banker agent to request more information.

