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    Godfrey, IL Apartment Buildings for Sale

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    Alton, IL Brighton, IL West Alton, MO
    Land in Azalea Gardens Condominiums
    $279,000
    Land in Azalea Gardens Condominiums

    4803 AZALEA Place, Godfrey, IL 62035

    Land available in Azalea Gardens Condominiums community.
    • Last available unit in Azalea Gardens Condominiums.
    • Open floor plan design.
    • Craftsman style architecture.
    • Customizable features available.
    • Large porches.
    Updated: Jun 27, 2025
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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Godfrey, 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.

    Mid-Rise Apartment Community
    Contact for pricing
    118,944 SF
    Mid-Rise Apartment Community

    Mid-rise multifamily community with ample parking, green space, and on-site management, currently operating at 91.5% occupancy.

    1010 Enclave Boulevard, Edwardsville, IL 62025

    View details
    Former School with Redevelopment Potential
    $285,000
    33,150 SF
    Former School with Redevelopment Potential

    Former school building suitable for redevelopment into residential or commercial property.

    121 W Elm Street, Alton, IL 62002

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    Mid-Rise Apartment Community
    Contact for pricing
    118,944 SF
    Mid-Rise Apartment Community

    Mid-rise multifamily property with ample parking, green space, and on-site management and maintenance.

    1010 Enclave Blvd., Edwardsville, IL 62025

    View details
    Former School with Redevelopment Potential
    $285,000
    33,150 SF
    Former School with Redevelopment Potential

    Former school building suitable for redevelopment or community use.

    121 W Elm Street, Alton, IL 62002

    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.

    Prime Development Land, Springfield MO
    $2,850,000
    29.20 Acres
    Prime Development Land, Springfield MO

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

    N West Bypass, Springfield, MO 65802

    View details
    Asheville Development Opportunity: 5.94 Acres
    $2,500,000
    5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

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

    215 N Bear Creek Road, Asheville, NC 28806

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    Norman Land For Luxury Condos
    $285,000
    0.74 Acres
    Norman Land For Luxury Condos

    Prime Norman land suitable for luxury condos development.

    801 NW 36th Avenue, Norman, OK 73072

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    Buildable Lot for Luxury Condos
    $285,000
    0.74 Acres
    Buildable Lot for Luxury Condos

    0.74 acre buildable lot zoned for low-density apartments.

    801 36th Ave NW, Norman, OK 73072

    View details

    Godfrey, IL Apartment Buildings Market Trends and Statistics

    Explore 1 apartment buildings for sale in Godfrey, 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 $279,000.

    Sale prices for two-family homes in Godfrey, IL start at $279,000, averaging $279,000, and reaching up to $279,000 — 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 16K
    Population Growth (5Y) -3.7%
    Median Household Income $91,696
    College Educated 43.8%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    62035 $279K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Madison County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Godfrey fall within the 2,500 to 5,000 square foot range.

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