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Jacksonville, IL Apartment Buildings for Sale

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Unique Multifamily Asset in Jacksonville
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73,791 SF

Unique Multifamily Asset in Jacksonville

500 W State St, Jacksonville, IL 62650

58-unit multifamily property with distinctive architectural character in central Illinois.

  • Unique architectural character from its original school building design, converted to multifamily in 1983.
  • Centralized location in an established residential corridor, offering easy access to employment, retail, and community services.
  • Conveniently located near Jacksonville Shoppes, Wal‑Mart Plaza (1.5 miles), and Passavant Area Hospital (2 miles).
  • Steady rental demand supported by Illinois College, Passavant Area Hospital, and other major employers.
  • Located within Jacksonville School District 117 attendance area and near major roadways.
Updated: Mar 24
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Historic Mixed-Use Building in Jacksonville
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7,976 SF

Historic Mixed-Use Building in Jacksonville

326 W State St, Jacksonville, IL 62650

All-brick building near courthouse, ideal for mixed-use development.

  • Historic all‑brick building with 6,412 sq ft offering significant space and character.
  • Large 1,564 sq ft garage with capacity for up to 6 vehicles, heated, plumbed, and equipped with floor drains.
  • Freight elevator provides access to all three floors and is in working order.
  • Located next door to the Morgan County Courthouse in Jacksonville, IL.
  • Zoned B‑3 with option to re‑zone as R‑5, allowing for flexible usage.
Updated: Oct 2, 2025
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Jacksonville, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Springfield Commercial Property with Apartments
$325,000

Springfield Commercial Property with Apartments

Commercial building with office suites and apartments in central location.

983 Clock Tower Dr, Springfield, IL 62704
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Springfield Multifamily Investment Opportunity
$799,800
6.60 Acres

Springfield Multifamily Investment Opportunity

Fully occupied 10-unit property on 6.5 acres with development potential.

2510 W Jefferson St, Springfield, IL 62702
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Commercial Building with Income Potential
$150,000

Commercial Building with Income Potential

Mixed-use property featuring apartments and retail space in Carrollton, IL.

326 6Th St, Carrollton, IL 62016
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Carrollton Multifamily Investment Opportunity
$759,000
14,000 SF

Carrollton Multifamily Investment Opportunity

16-unit multifamily property in excellent condition with long-term tenants.

818 S 6Th St, Carrollton, IL 62010
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Jacksonville, IL Apartment Buildings Investment Opportunities Market Analysis

Explore 2 apartment buildings for sale in Jacksonville, 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 $0.00.

Sale prices for two-family homes in Jacksonville, IL start at $0.00, averaging $0.00, and reaching up to $0.00 — 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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