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Freeburg, IL Apartment Buildings for Sale

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Belleville, IL Smithton, IL Shiloh, IL Swansea, IL New Athens, IL Fayetteville, IL Mascoutah, IL Millstadt, IL
Mixed-Use Investment Property
Updated: Nov 24, 2025
Mixed-Use Investment Property

700-700 N State St, Freeburg, IL 62243

$1,800,000
18,247 SF mixed‑use property on 1.210 acres in Freeburg, IL
4 retail/commercial spaces along State Street
Upper levels feature 8 residential units
Residential units include elevator access, fitness room, and individual storage units
Upper and commercial levels support separate income streams (retail/commercial and residential)
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Freeburg, 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.

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

109 Jerome Ln, Cahokia, IL 62206

$280,000
3,432 sqft

Individual one-bedroom layouts include combined kitchen and dining areas, full bathrooms, and radiant floor heat.

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

109 Jerome Lane, Cahokia, IL 62206

$280,000
3,432 sqft 0.24 AC lot

Solid masonry construction with one-bedroom layouts, radiant heat, window cooling, and a newly installed resident deck.

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6-Unit Apartment Building
6-Unit Apartment Building

971 Belle Valley Drive, Belleville, IL 62220

$432,000
5,058 sqft

Interior improvements and parking-lot work serve a six-apartment property with consistent two-bedroom layouts.

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Updated 6-Unit Apartment Building
Updated 6-Unit Apartment Building

971 Belle Valley Drive, Belleville, IL 62220

$432,000
5,058 sqft 0.29 AC lot

Two-bedroom apartments with refreshed interiors, on-site parking, and individually serviced cooling systems.

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Freeburg, IL Apartment Buildings Market Trends and Statistics

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

Sale prices for apartment complexes in Freeburg, IL average $1,800,000 — 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 6,522
Population Growth (5Y) +12.6%
Median Household Income $93,328
College Educated 48.6%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
62243 $1.8M

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in St. Clair County

New Delisted

Total CRE Inventory on Market (SF)

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