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Jacksonville, IL Apartment Buildings for Sale

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Mixed-Use Building with Gymnasium
Updated: Sep 12, 2025
Mixed-Use Building with Gymnasium

352 FRANKLIN Street, Jacksonville, IL 62650

$415,000
4.22 AC lot
4.22‑acre mixed‑use property in Jacksonville, Illinois
Main floor zoned residential with tenant‑occupied units
Lower level includes a full gymnasium and locker rooms
Commercial zoning on the lower level
Interior includes a kitchen, bathrooms, and auditorium
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Apartment Building with Gymnasium
Updated: Sep 12, 2025
Apartment Building with Gymnasium

352 FRANKLIN Street, Jacksonville, IL 62650

$415,000
4.22 AC lot
4.22‑acre apartment property at 352 FRANKLIN Street, Jacksonville, IL 62650
Main floor includes tenant‑occupied residential units
Lower level has commercial zoning, a full gymnasium, locker rooms, auditorium, kitchen, and bathrooms
Brick construction completed in 1939
Oversized parking area
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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 6 Potential Opportunities for your consideration. Besides 2 Active listings in Jacksonville, 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.

9-Unit Apartment Building
9-Unit Apartment Building

102 ELM Street, Dawson, IL 62520

$435,000
0.86 AC lot

Full occupancy includes two additional lots with tenant-owned mobile homes and shared coin-operated laundry.

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Historic Apartment Community
Historic Apartment Community

631 South 4th Street, Springfield, IL 62703

Contact for pricing
53,265 sqft

Two-building multifamily property with studios, one-bedroom units, ancillary structures, and an R-5(B) zoning designation.

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9-Unit Apartment Building
9-Unit Apartment Building

102 ELM Street, Dawson, IL 62520

$435,000

Fully occupied multifamily property with tenant-owned mobile homes and shared coin-operated laundry facilities.

View details
Lincoln Tower High-Rise Apartments
Lincoln Tower High-Rise Apartments

520 South Second Street, Springfield, IL 62701

Contact for pricing

Downtown apartment property with one-, two-, and three-bedroom layouts plus resident-focused amenities.

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Jacksonville, IL Apartment Buildings Market Trends and Statistics

Explore 2 apartment buildings for sale in Jacksonville, IL on our real estate platform.

Sale prices for two-family homes in Jacksonville, IL average $415,000 — 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 24K
Population Growth (5Y) -9.1%
Median Household Income $64,137
College Educated 16.5%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
62650 $1.2M

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Morgan County

New Delisted

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