Apartment Building

Chester, IL Apartment Buildings for Sale

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Ellis Grove, IL Rockwood, IL Walsh, IL
Mixed-Use Retail and Apartment Building
Updated: Dec 29, 2025
Mixed-Use Retail and Apartment Building

104-106 W Stacey Street, Chester, IL 62233

$180,000
0.07 AC lot
Frager Building built in 1920 with brick construction and natural gas heating
Street level includes a barber shop plus a second storefront currently used for retail/ice cream
Income‑producing building with 5 one‑bed, one‑bath apartments above the storefronts
One apartment needs renovation and is not currently rented; remaining apartments stay rented with positive cash flow
Full basement with outside access, providing additional usable space for potential uses
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Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 1 Active listings in Chester, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Historic Vargos Mixed-Use Potential
Historic Vargos Mixed-Use Potential

702 Benham Street, Bonne Terre, MO 63628

$275,000
13,200 sqft · 0.47 AC lot

Historic building with mixed-use potential in Bonne Terre.

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Mixed-Use Building with Income Potential
Mixed-Use Building with Income Potential

105 N Division Street, Bonne Terre, MO 63628

$550,000
7,500 sqft

Commercial building featuring apartments, storage units, and flexible space.

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Park Hills Mixed-Use Building
Park Hills Mixed-Use Building

208 W Main Street, Park Hills, MO 63601

$235,000
7,000 sqft · 0.25 AC lot

12,000 SF building with showroom, office, and apartment potential.

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Park Hills Retail and Apartments
Park Hills Retail and Apartments

337 W Main St, Park Hills, MO

$160,000
12,790 sqft · 0.31 AC lot

Retail and apartment space with investment potential in Park Hills.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Prime Development Land, Springfield MO
Prime Development Land, Springfield MO

N West Bypass, Springfield, MO 65802

$2,850,000
29.20 AC lot

29.2 acres of retail-zoned land for mixed-use development.

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Asheville Development Opportunity: 5.94 Acres
Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000
5.94 AC lot

5.94-acre parcel zoned RM6, ideal for multi-family development.

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Norman Land For Luxury Condos
Norman Land For Luxury Condos

801 NW 36th Avenue, Norman, OK 73072

$285,000
0.74 AC lot

Prime Norman land suitable for luxury condos development.

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Buildable Lot for Luxury Condos
Buildable Lot for Luxury Condos

801 36th Ave NW, Norman, OK 73072

$285,000
0.74 AC lot

0.74 acre buildable lot zoned for low-density apartments.

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Off-Market Properties in Chester, IL

Consider similar Off-Market properties in Chester, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

831 Lehmen Dr
APARTMENT HOUSE (5+ UNITS)

831 Lehmen Dr, Chester, IL 62233-1279

Value Estimation by Request
View details
1508 Hyland Rd, Unit 1510
APARTMENT HOUSE (5+ UNITS)

1508 Hyland Rd, Chester, IL 62233-1243

Unit 1510
Value Estimation by Request
View details
647 State St
APARTMENT HOUSE (5+ UNITS)

647 State St, Chester, IL 62233-1678

Value Estimation by Request
View details
982 State St
APARTMENT HOUSE (5+ UNITS)

982 State St, Chester, IL 62233-1652

Value Estimation by Request
0.24 AC lot
View details
1414 Ct St 1416th Ct St
APARTMENT HOUSE (5+ UNITS)

1414 Ct St 1416th Ct St, Chester, IL 62233

Value Estimation by Request
1.89 AC lot
View details

Chester, IL Apartment Buildings Market Trends and Statistics

Explore 6 apartment buildings for sale in Chester, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $180,000.

Sale prices for two-family homes in Chester, IL start at $180,000, averaging $180,000, and reaching up to $180,000 — 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 8,233
Population Growth (5Y) -15.0%
Median Household Income $78,333
College Educated 10.4%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
62233 $180K

Taxes & Financing

Tax Rate (average for all types) 6.93%
Tax Rate vs County Average 0.07 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Randolph County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Randolph County

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