About This Home

This 11-bedroom, 6-bathroom residential multi family at 210 Woodrow Avenue in Manhattan, IL is listed for $950,000. Built in 1978, on a 0.48 acres lot.

Key Features

  • Built in 1978
  • 0.48 acre lot
  • 2 stories

Property Details

2 stories
6 full
1978
Listing Description

**FIVE-UNIT MULTIFAMILY INVESTMENT OPPORTUNITY IN MANHATTAN, IL!** Fully occupied, legally established five-unit income-producing property in Will County, offering approximately $89,400 in annual scheduled rental income with additional rental growth potential.

The property features four 2-bedroom, 1-bath apartments and a spacious two-story, 3-bedroom, 2-bath owner's-style unit with an attached one-car garage. This larger unit offers two separate living areas, an updated kitchen, central air conditioning, and private laundry hookups, making it suitable for continued rental use or potential future owner occupancy, subject to existing tenancies.

One additional apartment features an updated kitchen. The water heater, furnace, and central air conditioning system are approximately 10 years old. All five units are separately metered for electricity, with tenants responsible for their individual electric usage.

Additional amenities include dedicated on-site parking and coin-operated laundry facilities with machines less than four years old. All units are currently occupied under month-to-month rental arrangements. Three units have not had rental adjustments in an extended period, presenting an opportunity to evaluate potential rent increases based on current market conditions and applicable laws.

With established rental income, a desirable unit mix, and potential for increased revenue, this Manhattan multifamily property offers an attractive opportunity for investors seeking an income-producing asset in the southwest Chicago suburbs. Rent roll and operating expense information available upon request.

Monthly Cost Estimate

$5,081/mo

20% down · 6.5% · 30 years

Principal$687
Interest$4,117
Insurance$277

Estimates only. Actual payments may vary.

Location

210 Woodrow Avenue

Manhattan, IL 60442

Property Details

Construction

Brick

Questions & Answers

This 11-bedroom, 6-bathroom residential multi family at 210 Woodrow Avenue is listed at $950,000. The estimated monthly payment is $5,081 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1978, 0.48 acre lot, 2 stories.

This property is listed by Vitalija Kucinskaite.

VK

Vitalija Kucinskaite

Agent at Keller Williams Preferred Realty

Listed by Keller Williams Preferred Realty · Broker phone: (708) 798-1111 · View on Broker Site · Broker website

MLS# 12784011· Source: Midwest Real Estate Data, LLC· 16 days on PropertySimple

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

210 Woodrow Avenue, Manhattan, IL 60442

Open this listing in: