Illinois Apartment Buildings for Sale

656 properties available.
1 photo
Macomb, IL 61455

Multi-Family

$860,00012,488 SF

Six rental properties (comprised of 22 units) are being sold as a package, though offers would be considered on a smaller segment of the portfolio. It's an outstanding investment -- with a 10.3% cap rate -- for someone who wants solid income and a history of full occupancy. The portfolio' s buildings and units are well-maintained and have had a variety of recent improvements. Breakdown of the individual properties: Property #1: 8 units (6 2-bedroom units, 2 1-bedroom units). Property #2: 5 units (all studio apartments). Property #3: 3 units (2 2-bedroom units, 1 1-bedroom unit). Property #4: 3 units (each has 1 bedroom). Property #5: 2 units (each has 1 bedroom). Property #6: 1 unit (with 2 bedrooms).

5 photos
Chicago, IL 60653

Multi-Family

$4,500,00045,000 SF

Well Maintained Large Court Yard Building in the Hyde Park/Kenwood Neighborhood. Building features a New Porch, 4 boilers - 1 of the boilers is less than 1 yr. old, 12 feet ceilings thru-out, Interior of building has original hardwood, laundry room that generates additional inc. Extra lot attached, Full (RAW) un-finished basement w/exposed brick walls above ground (CAN BE 12-20 Additional Units. Great for Condo Conversion. 98% Occupied) **** HUGE INCOME POTENTIAL. FOR MORE DETAILED INFORMATION VISIT http://kenwoodhydeparkrealestateforsale.blogspot.com

31 photos
Chicago, IL 60651

Multi-Family

$849,9009,000 SF

Fully leased cash cow. Humboldt Park renovated 8 unit building. Turn-key; 100% occupied building. Features hardwood flooring, individual furnaces, new stainless steel appliances, granite, condo quality units. 5 - 2 bdrms / 1 bths ; 3 retail spaces ; 1 parking space. Automatic can lighting around building. Two buildings on parcel. Building Size 9,000 SF. Zoning B3-1. Tenants pay utilities. Located near public transportation, approx. 15 minutes from Downtown. Long term retail tenants with annual rental increase. Cap Rate 8%.

6 photos
Chicago, IL 60636

Multi-Family

$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.

13 photos
Decatur, IL 62526

Multi-Family

$6,900925 SF

This Cozy Ranch Style Home is located at 1423 N Walnut Grove Decatur IL 62526. Approximately 925 Sq Ft with a lot size if 6,000 Sq Ft. It has a nice size back yard with extra parking in the rear and alley access. It also offers vinyl siding, hardwood flooring, central air and a roof that appears newer. Property was built in 1950. Offered at Only $6,900. This property just came out of foreclosure and is offered by Global Premier Asset Serving. Property is vacant and will need some type of repair/rehab of course. Transaction will be completed by our office at NO additional closing cost to buyer if completed thru our office. All wholesale assets are sold as is where is of course. This asset company has over 200 Detroit Michigan Assets with about 100 being homes. All offered well below wholesale average list price from $2900 to $9,900. If interested, please e-mail our office for a complete list and website.

9 photos
Aurora, IL 60505

Multi-Family

$464,90010,000 SF

GREAT INVESTMENT! Long time family owned 7 unit is on the market. 100% rented All Brick building in great shape on Downer Place in Historical Neighborhood in Aurora. 2 one bedrooms and 5 two bedrooms - has its own parking lot.

1 photo
Aurora, IL 60505

Multi-Family

$400,0004,000 SF

Eight one bedroom units. Roof replaced 2012 (warranty). Building painted 2012. New parking lot 2013. Majority of units painted and re-carpeted. Easy to maintain and self-manage or have a local property management company oversee the property.

13 photos
Amboy, IL 61310

Multi-Family

$195,00018,144 SF

18,144 sq ft Multi-family 3 story building on 2.42 acres (393 ft x 275 ft) Currently vacant but with immediate gross income potential of $44,400/year from 7 units ready to be rented out with room for at least another 7 units or for a mixed scheme. Immediate gross income potential of $3,700 / month ($44,400/ year) on renting the units that are ready for occupation and total income potential of $7,500/month ($90,000 / year) on conversion of the remaining space. A lot of flexible space, total area of the building is 18,144 sq ft. 7 residential units are ready to be rented out which are as follows: 2 x Studios, 1 bathroom 3 x One Bed apartments, 1 bathroom 1 x Two Bed apartments, 1 bathroom 1 x large 3 Bed apartment, 2 bathrooms (2,500 sq ft) The property has nice grounds of 2.4 acres and onsite parking The building has unconverted space left on the second floor, a large gym area, workshops and a large garage for parking. This creates potential for another at least 7 more units bringing the total to 14 residential units plus a smaller gym and large garage.

4 photos
Staunton, IL 62088

Multi-Family

$84,9002,050 SF

Well-maintained triplex. 2 units are 2bdrms. 1-year lease terms. Renovated deck. Over-sized garage for storage w/extra tall ceilings. Floorplans available on request. 33x172.5 lot.

1 photo
Phoenix, IL 60426

Multi-Family

$450,000125,140 SF

SOLID BRICK, WELL MAINTAINED 16 UNITS BUILDING WITH 8 STUDIO/1 BATH AND 8 ONE BEDROOM/1 BATH. HIGH DEMAND, FULLY RENTED WITH ANNUAL REVENUE OF $103,056 IS AFTER 5% VACANCY & COLLECTION ALLOWANCE.

Illinois Apartment Buildings for Sale

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