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Casey, IL Apartment Buildings for Sale

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Five-Unit Apartment Building
Updated: Jul 22
Five-Unit Apartment Building

209 S Central Avenue, Casey, IL 62420

$139,999
Five apartments in one multifamily property
Separate electric meters for the apartments
Separate water meters for the apartments
Separate gas meters for the apartments
Built in 1970
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Brick Apartment Building
Updated: Jul 20
Brick Apartment Building

14 North Central Avenue, Unit 107, Casey, IL 62420

$179,900
5,131 sqft
9‑unit apartment building with three 3‑bedroom units and six 1‑unit apartments
5,131‑square‑foot brick building
90% average occupancy over the last year
Converted from former office use to apartments
Built in 1900
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Nine-Unit Multifamily Property
Nine-Unit Multifamily Property

14 North Central Avenue, Casey, IL 62420

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8,912 sqft

Commercially zoned asset with nine occupied apartments, an owner-use office, and storage space with conversion potential.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Brick Apartment Building with Five Units
Brick Apartment Building with Five Units

209 S CENTRAL AVE, Casey, IL 62420

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3,948 sqft

Solid brick rental building featuring five large apartments with separate utility metering.

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9-Unit Brick Apartment Building
9-Unit Brick Apartment Building

107-14 N Central Ave, Casey, IL 62420

$179,900

Converted office improvements now accommodate a varied residential unit configuration in a brick building.

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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 5 Active listings in Casey, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Apartment Building Near ISU
Apartment Building Near ISU

416 S 5th St, Terre Haute, IN 47807

$299,000
10,713 sqft

Apartment building offered as-is near ISU, shopping, and restaurants.

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Student Housing Community Opportunity
Student Housing Community Opportunity

965 4th St, Charleston, IL 61920

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Three neighboring student housing communities near Eastern Illinois University.

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Income-Restricted Multifamily Community
Income-Restricted Multifamily Community

2915 Arleth St, Terre Haute, IN 47802

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79-unit multifamily property built in 2010, with income restrictions extending through 2040.

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169-Unit Apartment Portfolio
169-Unit Apartment Portfolio

1202 Lincoln Ave, Charleston, IL 61920

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Positioned within walking distance of Eastern Illinois University in Charleston, Illinois.

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Casey, IL Apartment Buildings Market Trends and Statistics

Explore 5 apartment buildings for sale in Casey, IL, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 17,991 square feet of properties for sale, with an estimated market value of $499,799.

Sale prices for two-family homes in Casey, IL start at $139,999, averaging $166,599, and reaching up to $179,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 4,361
Population Growth (5Y) -8.4%
Median Household Income $68,235
College Educated 21.5%

High-Yield Neighborhoods for Investment

Identify Casey submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
62420 $166.6K

Taxes & Financing

Tax Rate (average for all types) 8.29%
Property Tax per SF $30.71 per SF
Tax Rate vs County Average 1.52 pp above county avg
Average Loan-to-Value 65.0%

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