Watseka, IL
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    Watseka, IL Apartment Buildings for Sale

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    Crescent City, IL Sheldon, IL Clifton, IL
    Subsidized Senior Housing Portfolio
    $2,000,000
    Subsidized Senior Housing Portfolio

    551-564 N Clarence Avenue, Watseka, IL 60970

    54-unit subsidized senior housing portfolio in Watseka and Gilman, Illinois.
    • 54 total units of subsidized senior housing
    • USDA/RD/HUD subsidies in place (buyer must qualify)
    • Portfolio of 27 two‑unit buildings plus an office/recreational building
    • Mix of 48 one‑bedroom and 6 two‑bedroom units
    • Properties are in "Good" condition
    Updated: May 18, 2021
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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Watseka, 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.

    Peotone Multifamily Property For Sale
    $775,000
    0.30 Acres
    Peotone Multifamily Property For Sale

    Multifamily property available in Peotone, Illinois.

    536 Schroeder Avenue, Peotone, IL 60468

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    Multifamily Investment Property in Manteno, IL
    $875,000
    Multifamily Investment Property in Manteno, IL

    Well-maintained 8-unit multifamily property with updated features.

    382 N Birch Street, Manteno, IL 60950

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    Mixed-Use Retail & Apartment Building
    $1,350,000
    12,800 SF
    Mixed-Use Retail & Apartment Building

    Mixed-use property in Manteno's central commercial area.

    49-63 N Main St, Manteno, IL 60950

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    Peotone Commercial Land Opportunity
    $449,900
    146,793 SF
    Peotone Commercial Land Opportunity

    3.5 acres with existing structures, ideal for commercial development.

    28429 South Route 50, Peotone, IL 60468

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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.

    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

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    Greenville Development Opportunity: 1.33 Acres
    $699,900
    1.33 Acres
    Greenville Development Opportunity: 1.33 Acres

    1.33 acre parcel suitable for multi-family development near downtown.

    71 Salters Road, Greenville, SC 29607

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    Land Near Shepherd University
    $650,000
    3.70 Acres
    Land Near Shepherd University

    Prime land near Shepherd University with development potential.

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    View details

    Watseka, IL Apartment Buildings Investment Opportunities Market Analysis

    Explore 1 apartment buildings for sale in Watseka, 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 $2,000,000.

    Sale prices for two-family homes in Watseka, IL start at $2,000,000, averaging $2,000,000, and reaching up to $2,000,000 — 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 5,965
    Population Growth (5Y) -14.2%
    Median Household Income $48,456
    College Educated 16.1%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    60970 $2M

    Taxes & Financing

    Tax Rate (average for all types) 10.23%
    Tax Rate vs County Average 1.35 pp above county avg
    Average Loan-to-Value 65.0%

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