Apartment Building

Vandalia, IL Apartment Buildings for Sale

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49-Unit Apartment Building
Updated: Aug 1
49-Unit Apartment Building

211 N Kennedy Blvd, Vandalia, IL 62471

$1,100,000
49‑unit apartment community in Vandalia, IL
Former high school converted to multifamily housing
Replacement roof installed in 2026
Federally designated Opportunity Zone
Located within a County Enterprise Zone
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Vandalia, 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.

17-Unit Apartment Condominium Portfolio
17-Unit Apartment Condominium Portfolio

O Fallon, IL 62269

$1,520,000

Fully leased 17-unit condo portfolio with fireplaces, central air, and community pool and clubhouse amenities.

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Multi-Family and Commercial Investment
Multi-Family and Commercial Investment

4211 & 4213 Lake Land Blvd, Mattoon, IL 61938

Contact for pricing
53,579 sqft

19-unit multi-family and commercial property with consistent gross revenue.

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Student Housing Apartment Building
Student Housing Apartment Building

2110 Laker Ave, Mattoon, IL 61938

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Stabilized student housing project built in 1998, anchored by Lake Land Community College in Mattoon, IL.

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Stabilized Condo Portfolio in O’Fallon
Stabilized Condo Portfolio in O’Fallon

O Fallon, IL 62269

Contact for pricing

17-unit portfolio in O’Fallon, Illinois, with $233K gross income.

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Vandalia, IL Apartment Buildings Market Trends and Statistics

Explore 1 apartment buildings for sale in Vandalia, IL on our real estate platform.

Sale prices for two-family homes in Vandalia, IL average $1,100,000 — 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 10K
Population Growth (5Y) -0.5%
Median Household Income $58,810
College Educated 26.9%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
62471 $800K

Taxes & Financing

Tax Rate (average for all types) 8.24%
Tax Rate vs County Average 1.02 pp above county avg
Average Loan-to-Value 65.0%

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