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Chatham, IL Apartment Buildings for Sale

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11-Unit Apartment Property
Updated: Mar 7
11-Unit Apartment Property

351 E SPRUCE Street, Chatham, IL 62629

$680,000
11 total apartment units
Each apartment includes 2 bedrooms and 1 full bathroom
Approximately 1,000 square feet per apartment
Utility rooms with full‑size washer and dryer hookups
New roofs installed on each building in 2024
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Chatham, 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.

Nine-Unit Multifamily Building
Nine-Unit Multifamily Building

102 ELM Street, Dawson, IL 62520

$435,000
0.86 AC lot

All units are currently full, with tenant-paid electricity and owner-paid utilities for common services.

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9-Unit Apartment Building
9-Unit Apartment Building

102 ELM Street, Dawson, IL 62520

$435,000

R3-zoned apartment building with electric heat and window AC, plus two tenant-owned mobile homes on included lots.

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62-Unit Apartment Complex
62-Unit Apartment Complex

800 Chatham Rd, Springfield, IL 62704

Contact for pricing

Built in 1970, this 62-unit complex features predominantly two-bedroom apartments and is across from Pasfield Golf Course and Washington Park.

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All-Brick 6-Unit Apartment Building
All-Brick 6-Unit Apartment Building

1546 E CORNELL Street, Springfield, IL 62703

$160,000

Six-unit, one-story building with individual electric meters; tenants pay electric and gas while landlord pays water and sewer.

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Chatham, IL Apartment Buildings Market Trends and Statistics

Explore 1 apartment buildings for sale in Chatham, IL on our real estate platform.

Sale prices for two-family homes in Chatham, IL average $680,000 — 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 15K
Population Growth (5Y) +11.9%
Median Household Income $106,373
College Educated 69.4%

Taxes & Financing

Tax Rate (average for all types) 7.63%
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Sangamon County

New Delisted

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