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522 N Main Street

Hanna City, IL 61536
  • $770,000
  • STATUS: Active
  • ON SITE: 17 Days
  • ID#: PA1263750
UPDATED: 49 min ago
$770,000
  • 0
    BEDS
  • 0.37
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1967
County:
Area:

School Ratings & Info

Description

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).

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© 2026 RMLS Alliance, LLC. All rights reserved. IDX information is provided 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 purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Ashley Coker Team | The Real Estate Group. Data last updated: 2026-02-17T14:45:11.63.
www.ashleycoker.com/homes/172580955
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522 N Main Street Hanna City, IL 61536

  • Price: $770,000
  • Status: Active
  • On Site: 17 Days
  • Updated: 49 min ago
  • ID#: PA1263750
0
Beds
0
Baths
0
½ Baths
0.37
Acres
1967
Built
Neighborhood:
Paar Area
County:
Peoria
Area:
Paar Area
Property Description
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).
Exterior Features

Construction Materials BrickVinyl SidingBlockFrame Roof Composition ShingleSloped

Interior Features

Building Area Total 5586 Common Laundry YN Yes Cooling Multi Units Flooring CarpetTile Heating Other Individual Laundry YN No

Property Features

100 Year Flood Plain No Agent Owned No Financing Cash OnlyConventional Frontage Type City Street Lease Term Yearly Renewal Levels TwoBasementMulti-Tenant Possible Use InvestmentMulti-Family Sewer Public Sewer Tax Annual Amount 9162.96 Tax Incentive1 In City LimitTIF District Tax Year 2024 Type Commercial Zoning R-2

Listing provided courtesy of Justin Ball of RE/MAX Traders Unlimited: .
© 2026 RMLS Alliance, LLC. All Rights Reserved.


© 2026 RMLS Alliance, LLC. All rights reserved. IDX information is provided 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 purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Ashley Coker Team | The Real Estate Group. Data last updated: 2026-02-17T14:45:11.63.
 
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