Watseka, IL Apartment buildings for sale

Updated: Apr 29, 2021

Subsidized Senior Housing Portfolio

551-564 N Clarence Avenue, Watseka, IL 60970

$2,000,000

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

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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.

Seven-Unit Multifamily Building

209-215 East Marsile Street, Bourbonnais, IL 60914

$550,000

11,700 sqft

Seven-unit multifamily property in Bourbonnais, IL, located across from Olivet and near local shopping and dining.

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Multi-Unit Residential Income Property

2405 E Court Street, Kankakee, IL 60901

$300,000

1.75 AC lot

Residential income property with multiple rental units, including three apartments, and additional structures along the frontage road.

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Fully Leased Multifamily Building

1331 Potomac Place, Bourbonnais, IL 60914

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Apartment building with nine units, including eight one-bedroom and one two-bedroom, with tenants paying utilities.

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Partially Rehabbed Apartment Complex

2755 Cooper Dr, Kankakee, IL 60901

Contact for pricing

52-unit apartment complex with half of units rehabbed and half currently leased.

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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.

Retail-Zoned Development Land Opportunity

N West Bypass, Springfield, MO 65802

$2,850,000

29.20 AC lot

29.2-acre site with retail zoning and conditional overlay, approved for 352 apartments and multiple residential lot configurations.

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Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000

5.94 AC lot

5.94-acre parcel zoned RM6, ideal for multi-family development.

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Greenville Development Opportunity: 1.33 Acres

71 Salters Road, Greenville, SC 29607

$699,900

1.33 AC lot

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

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Land Near Shepherd University

8285 MARTINSBURG Pike, Shepherdstown, WV 25443

$650,000

3.70 AC lot

Prime land near Shepherd University with development potential.

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Watseka, IL Apartment Buildings Market Trends and Statistics

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

Sale prices for two-family homes in Watseka, IL average $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.

Neighborhood	Average Price
60970	$2M

Neighborhood

Average Price

60970

$2M

Watseka, IL Apartment Buildings for Sale

551-564 N Clarence Avenue, Watseka, IL 60970