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522 N Main Street, Hanna City, IL 61536

$770,000

5,586 sq ft
CLS# 1263750
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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 Details

City
Hanna City
County
Peoria
Type
Commercial Sale
New Construction
No
Zoning
R-2
Square Ft.
5,586
Avail Square Ft.
5,586
Acres
0.37
Year Built
1967

Features

Roofing
  • Composition Shingle
  • Sloped
Heating/Cooling
  • Other
Lease Information
  • Yearly Renewal

Financials

2024 Taxes
9162.96
RMLS Alliance IDX

Listing information is provided by RMLS Alliance LLC courtesy of RE/MAX Traders Unlimited, Justin Ball, as of 02/03/2026 14:15pm exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in renting or leasing. Data is deemed reliable but is not guaranteed accurate by the MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.