• 101 N ROSE ST, Elmwood, IL 61529
    101 N ROSE ST, Elmwood, IL 61529
    101 N ROSE ST, Elmwood, IL 61529
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    Listed by Justin Ball • RE/MAX Traders Unlimited
    $2,995,000
    Est. payment /mo
    20,433 SqFt
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    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 Electric, Forced Air, Natural Gas, 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 Block,Brick,Other,Frame,Stone, Cable,Computer Cabling,Other

    Faces Corner of N. Rose and E. Main

    Sewer Public Sewer

    Water Municipal/City

    Structure Type Block,Brick,Other,Frame,Stone

    Others

    Tax ID 11-08-158-007

    Miscellaneous Pets Approved

    Security Features Yes


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    Jackie Weisenburger

    Jackie Weisenburger

    +1(217) 430-9353

    Broker | License ID: 475.141177

    Broker License ID: 475.141177

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