Illinois Apartment Buildings for Sale

634 properties available.
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1127 W Patterson Avenue

Chicago, IL 60613


$1,200,000Size Upon Req.

PRICE REDUCTION! Was $1,250,000, now $1,200,000. The property includes a greystone 3-flat, a 2-car garage, and building-owned laundry machines. The owner provides hot water and the tenants are responsible for their electric, heat, and cooking gas utilities. This offering provides a new investor the opportunity to acquire a classic greystone in the heart of Wrigleyville and push rents to increase cash flow.

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12628 Edwards Lane

Ina, IL 62846


$2,450,00020,610 SF

Rend Lake Place Apartments are an outstanding, investment property with gross incomes of $285,000 annually. There are sixteen (16), 2 bedroom, 2 bath, furnished apartment units with four (4) student residents in each unit with an additional, apartment unit for the on-site Resident Manager. The apartments are constructed on approximately 2.5 acres of the 8.43 acres available for future development and is currently in the fifteenth (15) year of an existing 30-year Ground Lease with the Rend Lake Conservancy District, with an additional thirty (30) year option available. 16 apartment units with 64 beds and 100% occupancy 1145 SF ea. with parking, stove and refrigerator, four (4) twin beds, couch, chairs, coffee & end tables, dining room table & chairs and study desk in each bedroom. Built 2001 and newer. $1800 per student, per two (2), 5-month semesters ($3600) paid in advance. - $230,400/yr. $350 per student deposit per school year - $22,400/yr. Rental Units available and advertised for Summer events for Rend Lake. Laundry room with three (3) coin operated washers and dryers, lighted parking lots with security cameras

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$145,00030,432 SF

Great investment opportunity in Central Illinois Rantoul Illinois- 44 Apartments- 30,432 sq ft on 7.97 acres Excellent income potential : $277k Potential Gross Annual Income when rehabbed Solid well built buildings but have fallen into disrepair and now need a full rehab. The property has seven buildings containing 44 apartments. There is a good mix of apartment sizes with most being 2 bedroom units. Site improvements include asphalt drives and parking areas, concrete sidewalks, and mature landscaping. There is parking for 61 vehicles The units are all vacant and need a major work / full rehab. This includes repairs to roof , floors and walls and the property needs for a new sceptic tank/ sewage system to be installed before the properties are occupied. There were separate electric services for each unit but new re-wiring is needed. The buildings are to be made safe and brought into building code compliance. The proeprty is located in Rantoul, Illinois in Champaign County in a rich agricultural region. It is 12 miles away from the University of Illinois in Urbana- Champaign which has 10,349 employees and 44,520 students.

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15661 W Peotone Road

Wilmington, IL 60481


$992,0004,500 SF

Country estate on 18 acres zoned A-1. Main residence is a gorgeous 4,623 sq ft custom built home with 3 car garage. Home has 4 bedrooms, 3.5 baths plus walk out basement. Beautiful wooded property with Forked Creek flowing it. Separate 4,500 sq ft. High End, 5 star pet boarding facility. A thriving 11 year old business with a large client base. Horses permitted. Visit Includes 30' x 55' pole barn and a 29' x 48' open shed. . .15661 W Peotone Road midway RT 45 and RT 53. A Showplace. . .

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115 E 111th Street

Chicago, IL 60628


Price Upon Req.5,600 SF

5,600 +/- SF Vacant Two Story Apartment Building on .11 Acre lot

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1338 S Springfield Avenue

Chicago, IL 60623


Price Upon Req.6,100 SF

6,100 +/- SF Three Story Vacant Boarded Apt. Building

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6234 S Western Avenue

Chicago, IL 60636


$139,0005,741 SF

The property is a mixed use commercial with three floors. The first floor is a retail shoe store and the rest of the floors are 3 bedroom and 1 bath apartments. It is located in a busy commercial through street which is conducive to both automobile and pedestrian, as well convenient to public transportation.

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1665 N Milwaukee Avenue

Chicago, IL 60647


$2,200,00015,000 SF

This redevelopment opportunity allows an investor the rare opportunity to construct either commercial, residential rental units, or condos on the much sought after Wicker Park six corners location.

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1048 N Karlov Avenue

Chicago, IL 60651


$189,0002,250 SF

1048 N. Karlov is a 3-unit property located in Chicago's West Humboldt Park neighborhood. This property was recently extensively rehabbed and presents a new owner with the opportunity to take over a turnkey asset and recognize strong cash flow given the low operating costs associated with the property.

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707 E Congress Avenue

Rantoul, IL 61866


$1,500,00057,500 SF

This investment opportunity is a four property multi-family portfolio containing 80 units located in Rantoul, IL. At 38 units, Madison Village is the largest of the properties containing a mix of one and two bedroom units. The buildings are located on the north side of town and have exterior entrances and flat roofs. 707 E Congress Ave contains 28 units of one and two bedroom apartments. 603 S Maplewood Ave is a 12 unit building on the southeast side of Rantoul and 712-714 E Sangamon Ave are two side-by-side homes.

Illinois Apartment Buildings for Sale

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