Jacksonville, IL Apartment buildings for sale

Updated: Sep 12, 2025

Apartment Building with Gymnasium

352 FRANKLIN Street, Jacksonville, IL 62650

$450,000

4.22 AC lot

4.22‑acre lot for residential and commercial‑compatible space
Lower level includes a full gymnasium and locker rooms
Main floor has tenant‑occupied residential units
Includes an auditorium and kitchen and bathroom spaces
Brick construction with concrete flooring and composition roof

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Updated: Sep 12, 2025

Apartment Building with Gymnasium

352 FRANKLIN Street, Jacksonville, IL 62650

$450,000

4.22 AC lot

4.22‑acre lot with brick apartment building built in 1939
Main floor is residential‑zoned and includes tenant‑occupied units
Lower level includes a complete gymnasium and locker rooms
Commercial zoning on the lower level with auditorium and versatile interiors
On‑site oversize parking

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Unique Multifamily Asset in Jacksonville

500 W State St, Jacksonville, IL 62650

$2,800,000

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

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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 11 Potential Opportunities for your consideration. Besides 3 Active listings in Jacksonville, 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.

Nine-Unit Multifamily Building

102 ELM Street, Dawson, IL 62520

$435,000

0.86 AC lot

All units are currently full, with tenant-paid electricity and owner-paid utilities for common services.

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Historic Multifamily Apartment Community

631 S 4th St, Springfield, IL 62703

$3,500,000

Historic property with 75 studio and one-bedroom units across two buildings, plus detached garage and outbuilding.

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9-Unit Apartment Building

102 ELM Street, Dawson, IL 62520

$435,000

R3-zoned apartment building with electric heat and window AC, plus two tenant-owned mobile homes on included lots.

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62-Unit Apartment Complex

800 Chatham Rd, Springfield, IL 62704

Contact for pricing

Built in 1970, this 62-unit complex features predominantly two-bedroom apartments and is across from Pasfield Golf Course and Washington Park.

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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

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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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.

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Buildable Lot for Luxury Condos

801 36th Ave NW, Norman, OK 73072

$285,000

0.74 AC lot

0.74 acre buildable lot zoned for low-density apartments.

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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.

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Jacksonville, IL Apartment Buildings Market Trends and Statistics

Explore 3 apartment buildings for sale in Jacksonville, IL, showcased through 3 active listings on our real estate platform.

Sale prices for two-family homes in Jacksonville, IL start at $450,000, averaging $1,233,333, and reaching up to $2,800,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
62650	$1.2M

Neighborhood

Average Price

62650

$1.2M