Stockton IL Multi Family for Sale
$445,000
132 S Main Street Stockton, IL 61085
ADDITIONAL INFORMATION
The Great Western is a 3 story gateway building in historic downtown Stockton IL. (the birthplace of Kraft Foods). Named after the Chicago Great Western Rail Road, it was built in 1899 to house railroad workers. It has since been converted into an apartment building with 9 apartments and room for 3 more. It has recently been approved for 2 vacation rentals and possibly commercial use on the first floor, (coffee shop with outdoor patio?) Currently has 8 fulltime apartments and 1 owner suite. Roof replaced in 2023 and electrical, heating, and plumbing has been upgraded in recent years. Reliable internet service to the building and coin operated laundry on site. All tenants fully vetted with 1 year leases, and a 5% escalation clause. Call for rent roll and T12 statement. (815-238-8781)
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Stockton Real Estate
The median home value in Stockton, IL is $113,500. This is lower than the county median home value of $120,000. The national median home value is $219,700. The average price of homes sold in Stockton, IL is $113,500. Approximately 73.83% of Stockton homes are owned, compared to 20.36% rented, while 5.8% are vacant. Stockton real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Stockton real estate agent to arrange a tour today!
Stockton, Illinois has a population of 2,017. Stockton is less family-centric than the surrounding county with 25.97% of the households containing married families with children. The county average for households married with children is 27.03%.
The median household income in Stockton, Illinois is $43,125. The median household income for the surrounding county is $55,532 compared to the national median of $57,652. The median age of people living in Stockton is 44.2 years.
Stockton Weather
The average high temperature in July is 83.2 degrees, with an average low temperature in January of 10.7 degrees. The average rainfall is approximately 36.8 inches per year, with 33.1 inches of snow per year.