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    Durand, IL Apartment Buildings for Sale

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    Updated 8-Unit Apartment Building
    Updated: Apr 17
    Updated 8-Unit Apartment Building

    113 NEWMAN Street, Durand, IL 61024

    $599,990
    6,304 sqft
    Recently updated 8‑unit apartment building in Durand, with each unit offering 2 bedrooms and 1 bathroom
    Recent unit updates: four units repainted and have new tenants
    Common areas updated with new paint, lighting, and flooring (last year)
    Appliances included in units: washer, dryer, refrigerator, and stove/cooktop
    Heating includes electric and baseboard; cooling includes wall unit(s)
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Durand, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 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.

    Residential Income Apartment Building
    Residential Income Apartment Building

    5430 Dale Avenue, Loves Park, IL 61111

    $700,000
    6,000 sqft

    Apartment building for sale in Loves Park with similar unit layouts and a split living-area configuration.

    View details
    Multi-Unit Apartment Building
    Multi-Unit Apartment Building

    5430 Dale Avenue, Loves Park, IL 61111

    $700,000
    6,000 sqft

    Apartment building offers multiple similar-layout units with up-and-down living space.

    View details
    Six-Unit Apartment Building
    Six-Unit Apartment Building

    909-911 Ridge Avenue, Rockford, IL 61103

    $345,000
    3,350 sqft

    Six-unit multifamily property with five units currently rented and street parking available for residents and guests.

    View details
    Six-Unit Multifamily Investment Opportunity
    Six-Unit Multifamily Investment Opportunity

    909-911 Ridge Avenue, Rockford, IL 61103

    $324,900
    3,350 sqft

    Six-unit multifamily property with rental income potential in Rockford, IL.

    View details

    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.

    Retail-Zoned Development Land Opportunity
    Retail-Zoned Development Land Opportunity

    N West Bypass, Springfield, MO 65802

    $2,850,000
    29.20 AC lot

    29.2-acre site with retail zoning and conditional overlay, approved for 352 apartments and multiple residential lot configurations.

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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.

    View details
    Land Near Shepherd University
    Land Near Shepherd University

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    $650,000
    3.70 AC lot

    Prime land near Shepherd University with development potential.

    View details
    Greenville Development Opportunity: 1.33 Acres
    Greenville Development Opportunity: 1.33 Acres

    71 Salters Road, Greenville, SC 29607

    $699,900
    1.33 AC lot

    1.33 acre parcel suitable for multi-family development near downtown.

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    Off-Market Properties in Durand, IL

    Consider similar Off-Market properties in Durand, 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.

    203 Newman St
    APARTMENT HOUSE (5+ UNITS)

    203 Newman St, Durand, IL 61024-8923

    Value Estimation by Request
    0.47 AC lot
    View details

    Durand, IL Apartment Buildings Market Trends and Statistics

    Explore 2 apartment buildings for sale in Durand, IL on our real estate platform. These investment opportunities span a total of 6,304 square feet of properties for sale, with an estimated market value of $599,990.

    Sale prices for two-family homes in Durand, IL average $599,990 — 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 2,264
    Population Growth (5Y) -10.7%
    Median Household Income $73,152
    College Educated 27.1%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    61024 $600K

    Taxes & Financing

    Tax Rate (average for all types) 8.17%
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Winnebago County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

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

    Residential Income

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