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Hanna City - Main Apartments Hanna City Main 522 N Main St 12 Unit Apartment Building $770,000 ($64,167/Unit) Hanna City, IL 61536

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Investment Highlights

  • Recently Renovated and Updated Units
  • Located in the Village TIF District and Business Development District (BDD)

Executive Summary

This 12 unit apartment building is located in Hanna City, about 10 miles west of Peoria near the Peoria International Airport, has had the units completely renovated or updated and is ready for a new owner to maximize the investment, rents and returns. Odd number units are 1 Bedroom/1 Bathroom, and even numbered units are 2 Bedroom/1 Bathroom. Recent updates other than renovating units include - boiler hot water lines and parts - 2024/2025, new main water line installed from street to building 2023, new sewer clean out 2023, new water heater - 2024. Currently there is one vacant unit (#2), and once rented total monthly rents will be at least $8545. Building is in the Village TIF District and Business Development District (BDD) that provide incentives for improvements (see Village of Hanna City website for details).

Property Facts

Price $770,000
Price Per Unit $64,167
Sale Type Investment
No. Units 12
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.37 AC
Building Size 5,586 SF
No. Stories 2
Year Built/Renovated 1967/2025
Zoning R-2

Property Taxes

Property Taxes

Parcel Number
16-11-101-003
Land Assessment
$11,010
Improvements Assessment
$98,080
Total Assessment
$109,090
  • Listing ID: 39265583

  • Date on Market: 1/30/2026

  • Last Updated:

  • Address: 522 N Main St, Hanna City, IL 61536

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