Home Highlights
Multi-Family
Built in 1969
7 Parking Spaces
Local Information
- Map ViewExplore the area around 275 E Prairie St.
- Schools1 Preschool School3 Elementary Schools1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
*** Brand NEW roof installed July 2026. All units updated too. Rarely does an opportunity like this hit the market in the heart of rapidly growing Manhattan - a solid brick, fully occupied 4-unit investment property perfectly positioned in one of Will County's most desirable suburban communities known for its top-rated schools, strong household incomes, commuter convenience, and small-town charm. This well-maintained two-story building offers an ideal unit mix with three spacious 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, with most interiors thoughtfully updated and improved within the last three years to appeal to today's tenants. Investors will appreciate the simplified management structure with all-electric appliances, electric heat, and separate electric hot water heaters, along with updated windows within the last 11 years and a renovated common laundry area that adds additional tenant convenience and long-term value. The property also features abundant rear parking plus additional front parking, a major advantage for tenants seeking suburban ease and functionality. Located on a quiet residential street just moments from downtown Manhattan, local restaurants, shopping, transportation, parks, and highly regarded school districts. This property checks every box for investors seeking stable occupancy, long-term appreciation potential, and consistent suburban rental demand. Manhattan continues to attract families, commuters, and professionals looking for a quieter lifestyle with access to Chicago via Metra while enjoying the benefits of a high homeownership community with continued residential growth and limited multifamily inventory. Opportunities to acquire turnkey, income-producing brick multifamily assets in locations like this are becoming increasingly difficult to find, making this an exceptional addition for seasoned investors, 1031 exchange buyers, or those looking to break into multifamily ownership with a low-maintenance, high-demand suburban asset positioned for long-term success. The building next door at 265 is also being sold. Double your investment(s)
Last check for updates: about 16 hours ago
Listing courtesy of: Sue Rimovsky, (708) 268-0744
Village Realty, Inc.
Source: MRED as distributed by MLS GRID, MLS#12647590
Also Listed on MRED as distributed by MLS GRID, MRED as distributed by MLS GRID.
Home Details for 275 E Prairie St
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MLS Status: Active |
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Interior Details Basement: NoneNumber of Rooms: 15 |
Beds & Baths Number of Bedrooms: 7Number of Bathrooms: 4Number of Bathrooms (full): 4 |
Heating & Cooling Heating: ElectricHas HeatingHeating Fuel: Electric |
View No View |
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Parking & Garage No Attached GarageParking Spaces: 7Parking: Unassigned,Yes,Owned |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
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Year Built Year Built: 1969 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: BrickNot a New Construction |
Property Information Parcel Number: 1412174060260000 |
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Price List Price: $625,000 |
Status Change & Dates Possession Timing: Close Of Escrow |
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Direction & Address City: Manhattan |
School Information Elementary School District: 114Jr High / Middle School District: 114High School District: 210 |
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Listing Agent Listing ID: 12647590 |
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Lot Area: 9000 sqft |
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Special Conditions: None |
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Business Information Ownership: Fee Simple |
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Mls Number: 12647590Back On Market Date: Mon Jul 20 2026 |
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Source Internet Entire Listing DisplayMRD IDX Comments Reviews: NoMRD Listing On IDX Display: YesMRD AVM On IDX Display: NoMRD Address On VOW Display: YesMRD Price History On IDX Display: NoMRD Market Time On IDX Display: NoMRD REMARKSINTERNET: YesSource Internet Address DisplayHide Days On Site DisplayHide Price History DisplayMRD Remarks On VOW Display: Yes |
Around this home
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.
What Locals Say about Manhattan
At least 71 Trulia users voted on each feature.
94 % Say car is needed
94 % Say it's dog friendly
92 % Say parking is easy
91 % Say kids play outside
89 % Say yards are well-kept
89 % Say there are sidewalks
86 % Say there's holiday spirit
81 % Say it's quiet
80 % Say people would walk alone at night
72 % Say streets are well-lit
70 % Say neighbors are friendly
61 % Say there's wildlife
54 % Say they plan to stay for at least 5 years
46 % Say it's walkable to grocery stores
45 % Say it's walkable to restaurants
42 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
Market trends in Manhattan
Last updated July 2026
Avg. sale price
—
Sale-to-List Price
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Price per sq ft
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Available listings
60
5MoM
Home Value
Trulia Estimate
$600KSince last month
Decreased$400 (-0.1%)Since last year
Decreased$9K (-1.5%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value decreased by -11% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $600K |
| August 2026 | $585K |
| July 2026 | $601K |
| June 2026 | $612K |
| May 2026 | $637K |
| April 2026 | $332K |
| March 2026 | $336K |
| February 2026 | $329K |
| January 2026 | $335K |
2025 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.22 | Multi-Family Home | $311,500 | 05/22/26 | 3 | 2.5 | 1,629 | |
0.19 | Multi-Family Home | $290,000 | 05/08/26 | 3 | 2.5 | 1,629 | |
0.42 | Multi-Family Home | $290,000 | 09/12/25 | 3 | 1.5 | 1,613 | |
0.18 | Multi-Family Home | $265,000 | 04/24/26 | 3 | 2.5 | 1,613 | |
0.17 | Multi-Family Home | $272,000 | 03/06/26 | 3 | 2.5 | 1,500 | |
0.58 | Multi-Family Home | $330,000 | 01/02/26 | 2 | 2.5 | 1,304 | |
0.61 | Multi-Family Home | $260,000 | 08/27/26 | 2 | 2 | 1,493 | |
0.60 | Multi-Family Home | $260,000 | 05/08/26 | 2 | 1.5 | 1,300 | |
0.88 | Multi-Family Home | $315,000 | 07/27/26 | 3 | 2.5 | 1,715 | |
0.91 | Multi-Family Home | $312,950 | 02/27/26 | 3 | 2.5 | 1,715 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.01 | $625,000 | 7 | 4 | - | For Sale | |
0.02 | $399,600 | 5 | 3.5 | 2,390 | Off Market | |
0.06 | $255,300 | 3 | 1.5 | 1,308 | Off Market | |
0.04 | $361,000 | 3 | 1.5 | 1,694 | Recently Sold | |
0.05 | $399,900 | 4 | 3 | 2,763 | Recently Sold | |
0.06 | - | - | - | - | Off Market | |
0.15 | $312,100 | 3 | 2.5 | 1,382 | Off Market | |
0.09 | $302,500 | 2 | 2 | - | Off Market | |
0.15 | $325,700 | 3 | 2.5 | 1,613 | Off Market | |
0.16 | $303,900 | 3 | 2.5 | - | Off Market | |
0.17 | $337,800 | 3 | 2.5 | 1,629 | Off Market |
Price and Tax history
| Date | Event | Price |
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Jul 10, 2025 Source: MRED as distributed by MLS GRID #12376548 | ListingRemoved | $650,000 |
May 28, 2025 Source: MRED as distributed by MLS GRID #12376548 | Listed For Sale | $650,000 |
May 28, 2025 Source: MRED as distributed by MLS GRID #12268542 | ListingRemoved | $675,000 |
Mar 25, 2025 Source: MRED as distributed by MLS GRID #12268542 | Listed For Sale | $675,000 |
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Sue Rimovsky, Village Realty, Inc.
Agent Phone: (708) 268-0744
Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Click here for more information
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Frequently asked questions about 275 E Prairie St
- What is the estimated monthly payment for 275 E Prairie St?Based on a $625,000 list price with 20% down at today's rates, the estimated monthly payment for 275 E Prairie St in Manhattan, IL is approximately $4,519 (about $3,314 principal & interest, $1,130 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- What do residents say about Manhattan?Residents describe Manhattan, IL as dog-friendly, easy to park in, and well-kept. Most residents say you need a car. See homes for sale in Manhattan, IL.
- What are the closest schools to 275 E Prairie St?The closest schools to 275 E Prairie St in Manhattan, IL are Anna Mcdonald Elementary School (rated 8/10), Lincoln Way West (High, rated 10/10), Manhattan Intermediate School (Elementary, rated 9/10).
- What is 275 E Prairie St estimated to be worth?Trulia's estimated value for 275 E Prairie St in Manhattan, IL is $600,100.
- Does 275 E Prairie St have parking?Yes, 275 E Prairie St in Manhattan, IL has on-site parking.
275 E Prairie St, Manhattan, IL 60442 is a 7 bedroom, 4 bathroom multi-family built in 1969. This property is currently available for sale and was listed by MRED as distributed by MLS GRID. The MLS # for this home is MLS# 12647590.