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Chatham, IL Apartment Buildings for Sale

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10-Unit Apartment Community
Updated: Oct 9
10-Unit Apartment Community

1720 MAGNOLIA Drive, Chatham, IL 62629

$3,500,000
10 condominium units across four buildings
Each unit has 2 bedrooms, 2 full bathrooms, and a 2‑car garage
Construction is underway, with the final building in progress
Open living and dining areas; kitchens include islands and pantries
Primary suite features a walk‑in closet and double‑sink vanity
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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.

9-Unit Apartment Building
9-Unit Apartment Building

102 ELM Street, Dawson, IL 62520

$435,000
0.86 AC lot

Full occupancy includes two additional lots with tenant-owned mobile homes and shared coin-operated laundry.

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264-Unit Apartment Community
264-Unit Apartment Community

2473 Ladley Ct, Springfield, IL 62703

$17,000,000

Multifamily community with a mix of one- and two-bedroom units, including updated kitchens, bathrooms, flooring, and fixtures.

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9-Unit Apartment Building
9-Unit Apartment Building

102 ELM Street, Dawson, IL 62520

$435,000

Fully occupied multifamily property with tenant-owned mobile homes and shared coin-operated laundry facilities.

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Six-Unit Brick Apartment Building
Six-Unit Brick Apartment Building

1546 E CORNELL Street, Springfield, IL 62703

$160,000

Single-story property with individual electric metering and tenant-paid electric and gas.

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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 apartment complexes in Chatham, IL average $3,500,000 — 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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