Tallula, IL
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    Tallula, IL Apartment Buildings for Sale

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    Pleasant Plains, IL Petersburg, IL Salisbury, IL
    Tallula Multifamily Investment Opportunity
    $94,900
    Tallula Multifamily Investment Opportunity

    102 MAIN Street, Tallula, IL 62688

    Three apartments, storage garage, and vacant lots for sale.
    • Three rental apartments at 102, 104, and 106 E Main St in Tallula, IL, with 2 of 3 units currently rented
    • Current income: 2 apartments rented; total potential rent is $2,150/month
    • Unit mix: 102 N Ewing (upper) 1 bed/1 bath; 102 E Main (lower) 1 bed/1 bath; 104 E Main 2 bed/1 bath
    • Five total parcels included: rentals 005 & 006, storage garage 007, and vacant lots 008 & 009 (16‑07‑102‑005, 006, 007, 008, 009)
    • Brick construction with forced‑air heating and central air cooling
    Updated: May 12
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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Tallula, 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.

    Springfield Multifamily Investment Opportunity
    $749,800
    6.60 Acres
    Springfield Multifamily Investment Opportunity

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

    2510 & 2518 W JEFFERSON Street, Springfield, IL 62702

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    Springfield Multifamily Investment Opportunity
    $250,000
    Springfield Multifamily Investment Opportunity

    Six-unit multifamily property near Lincoln Park, fully occupied.

    524 E Ridgely Avenue, Springfield, IL 62702

    View details
    Historic Mixed-Use Building For Sale
    $149,900
    6,412 SF
    Historic Mixed-Use Building For Sale

    All-brick historic building with garage, ideal for mixed-use development.

    326 West State Street, Jacksonville, IL 62650

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    Historic Mixed-Use Building in Jacksonville
    $149,900
    7,976 SF
    Historic Mixed-Use Building in Jacksonville

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

    326 W STATE Street, Jacksonville, IL 62650

    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

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    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
    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

    Tallula, IL Apartment Buildings Market Trends and Statistics

    Explore 1 apartment buildings for sale in Tallula, 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 $94,900.

    Sale prices for two-family homes in Tallula, IL start at $94,900, averaging $94,900, and reaching up to $94,900 — 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 783
    Population Growth (5Y) +30.1%
    Median Household Income $62,188
    College Educated 24.2%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    62688 $94.9K

    Taxes & Financing

    Tax Rate (average for all types) 7.12%
    Tax Rate vs County Average 0.14 pp below county avg
    Average Loan-to-Value 65.0%

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