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    Macon County, IL Apartment Buildings for Sale

    7 results
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    65-Unit Multifamily Investment Opportunity
    $2,250,000

    65-Unit Multifamily Investment Opportunity

    1740-1760 S Fairview Avenue, Decatur, IL 62521

    High-yield multifamily property near Millikin University with value-add potential.

    • High‑yield investment opportunity with a 7.71% cap rate.
    • 65‑unit multifamily property offering substantial income potential.
    • Prime location near Millikin University (1.5 miles), attracting students and local residents.
    • Significant value‑add potential through increased occupancy from the current 66%.
    • Recent renovations provide modern, comfortable living spaces.
    Updated: Mar 11, 2025
    View details
    Mixed-Use Property with Income Potential
    $800,000
    14,500 SF

    Mixed-Use Property with Income Potential

    334 W Main St, Decatur, IL

    Value-add investment opportunity in Decatur's downtown commercial corridor.

    • Value‑add investment opportunity with stabilized residential income ($8,800/month) and significant commercial upside potential.
    • Eight fully renovated residential units with modern amenities including granite countertops, LVP flooring, and stainless steel appliances.
    • Substantial vacant commercial space (7,800 sq ft + 6,000 sq ft basement) with potential monthly income of $5,850 at market rates.
    • Prime location on West Main Street in downtown Decatur, a revitalizing commercial corridor.
    • Updated infrastructure: Roof (10 years old with recent patching), 2 new HVAC units, updated electrical/plumbing on the second floor.
    Updated: Oct 24, 2025
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    Multifamily Property with Redevelopment Potential
    $800,000
    16,248 SF

    Multifamily Property with Redevelopment Potential

    Converted multifamily property with value-add opportunity in Decatur, Illinois.

    417-461 W Wood St, Decatur, IL 62522
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    Decatur Multifamily Investment Opportunity
    $2,340,000

    Decatur Multifamily Investment Opportunity

    35-unit multifamily property in Decatur, Illinois with value-add potential.

    105, 111, 117, & 133 Elder Lane, Decatur, IL 62522
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    22-Unit Central Illinois Multifamily Portfolio
    $1,590,000

    22-Unit Central Illinois Multifamily Portfolio

    22-unit multifamily portfolio in Central Illinois for sale.

    110 S Wood St, Maroa, IL 61756
    View details
    RETAIL
    $675,000
    11,884 SF

    RETAIL

    Mixed-use properties · 11,884 SF

    248 N Park St, Decatur, IL
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    Downtown Decatur Mixed-Use Investment
    $675,000
    11,884 SF

    Downtown Decatur Mixed-Use Investment

    Mixed-use property with commercial and residential spaces in Decatur.

    248 N Park St, Decatur, IL 62523
    View details
    Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 7 Active listings in Macon County, IL, we suggest exploring several alternatives: similar 3 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    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.

    Entitled Land for Multifamily Development
    $8,550,000
    4.24 Acres

    Entitled Land for Multifamily Development

    4.24 acres approved for 228 units in Nashville.

    7220 Charlotte Pike West, Nashville, TN 37209
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    Prime Development Land Opportunity
    $2,750,000
    29.20 Acres

    Prime Development Land Opportunity

    29.2 acres of retail-zoned land in Springfield, Missouri.

    N West Bypass, Springfield, MO 65802
    View details
    Eureka Springs Commercial Land Opportunity
    $159,900
    5.69 Acres

    Eureka Springs Commercial Land Opportunity

    5.69 acres of commercial land near downtown Eureka Springs.

    TBD E Van Buren, Eureka Springs, AR 72632
    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
    View details

    Explore Off-Market Properties in Macon County, IL

    Consider similar Off-Market properties in Macon County, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1244 Prairie Ave

    1244 Prairie Ave

    Multifamily properties
    Value Estimation by Request
    1244 Prairie Ave, Decatur, IL 62521
    View details
    135 Prairie Ave

    135 Prairie Ave

    Multifamily properties • 0.06 Acres
    Value Estimation by Request
    135 Prairie Ave, Decatur, IL 62523
    View details
    554 Main St

    554 Main St

    Multifamily properties • 0.34 Acres
    Value Estimation by Request
    554 Main St, Decatur, IL 62522
    View details

    Macon County, IL Apartment Buildings Investment Opportunities Market Analysis

    Explore 10 apartment buildings for sale in Macon County, IL, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 17,424 square feet of properties for sale, with an estimated market value of $2,925,000.

    Sale prices for two-family homes in Macon County, IL start at $0.00, averaging $292,500, and reaching up to $2,250,000 — 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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