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Freeburg, IL Apartment Buildings for Sale

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Belleville, IL Smithton, IL Shiloh, IL Swansea, IL Mascoutah, IL Fayetteville, IL New Athens, 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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See what stands out in St. Clair County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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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.

8-Unit Updated Apartment Building
8-Unit Updated Apartment Building

961 Belle Valley Drive, Belleville, IL 62220

$594,000
6,896 sqft 0.44 AC lot

Eight two-bedroom residences offer consistent layouts, with select interior improvements across the property.

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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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Stabilized Condo Portfolio in O’Fallon
Stabilized Condo Portfolio in O’Fallon

O Fallon, IL 62269

$1,270,500
600 sqft

17-unit portfolio in O’Fallon, Illinois, with $233K gross income.

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6-Unit Apartment Building
6-Unit Apartment Building

O Fallon, IL 62269

Contact for pricing

Most residences have recent renovations, while tenants pay their own utility costs.

View details

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 two-family homes 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)

Average Property Price per SF

For-sale pricing trends across core commercial property types in St. Clair County

Retail

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