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    Farmer City, IL
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    Farmer City, IL Apartment Buildings for Sale

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    Arrowsmith, IL De Witt, IL De Land, IL Le Roy, IL Bellflower, IL Weldon, IL Fisher, IL Mahomet, IL
    Six Townhome Apartment Building
    Updated: Apr 12
    Six Townhome Apartment Building

    502 N Main St, Farmer City, IL 61842

    Contact for pricing
    1,230 sqft
    Six two‑story townhome units, each with 3 bedrooms and 1.5 bathrooms
    Each unit offers 1,230 SF with an open living/dining room floor plan and a gas fireplace
    Kitchens include a refrigerator, dishwasher, stove, and microwave
    Each unit has a mud room/laundry area with laundry hookups
    Attached garages include openers, plus large patios for each unit
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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 9 Potential Opportunities for your consideration. Besides 1 Active listings in Farmer City, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Six-Unit Apartment Building
    Six-Unit Apartment Building

    1013 W Church Street, Champaign, IL 61821

    $214,900

    Studio and one-bedroom layouts include individual kitchens, while a detached garage supports resident parking and storage needs.

    View details
    10-Bedroom Rooming House Apartment Building
    10-Bedroom Rooming House Apartment Building

    805 W Oregon Street, Urbana, IL 61801

    $335,000

    Apartment building rooming house with 10 bedrooms, on-site parking, and an in-place lease running through July 2027.

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    118-Unit Apartment Building
    118-Unit Apartment Building

    502 W Main St, Urbana, IL 61801

    Contact for pricing

    Built in 1962, this 118-unit community offers studio through three-bedroom floorplans near UIUC.

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    Multifamily Apartment Community
    Multifamily Apartment Community

    2106 W White St, Champaign, IL 61821

    Contact for pricing

    Market-rate multifamily community with over 500 units and an active renovation program, including a newly built clubhouse.

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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.

    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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    Greenville Development Opportunity: 1.33 Acres
    Greenville Development Opportunity: 1.33 Acres

    71 Salters Road, Greenville, SC 29607

    $650,000
    1.33 AC lot

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

    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
    Commercial Buildable Land Parcel
    Commercial Buildable Land Parcel

    801 NW 36th Avenue, Norman, OK 73072

    $250,000
    0.74 AC lot

    Buildable lot with approximately 370 feet of frontage on NW 36th Avenue and soil/engineering testing already completed.

    View details

    Farmer City, IL Apartment Buildings Market Trends and Statistics

    Explore 1 apartment buildings for sale in Farmer City, IL on our real estate platform. These investment opportunities span a total of 1,230 square feet of properties for sale.

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    Demographics Overview

    Population 2,577
    Population Growth (5Y) -5.5%
    Median Household Income $79,167
    College Educated 23.2%

    Taxes & Financing

    Tax Rate (average for all types) 8.30%
    Property Tax per SF $51.54 per SF
    Average Loan-to-Value 65.0%

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