Westchester, IL Apartment Buildings for Sale

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Chicago, IL Grandview, IL Southern View, IL

6 results

Six-Unit Apartment Building with Upgrades

$399,900

4,500 SF

Six-Unit Apartment Building with Upgrades

824 E Ridgely Avenue, Springfield, IL 62702

Updated six-unit apartment building with expansion potential in Springfield, IL.

Six renovated units in a 4,500 sq ft apartment building
Additional parcel included, with potential to rebuild another six‑unit structure
Significant recent upgrades: new roof and siding (2021)
Multiple new HVAC systems and water heaters
Minimal initial maintenance required

Updated: May 1

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Springfield Multifamily Investment Opportunity

$749,800

6.60 Acres

Springfield Multifamily Investment Opportunity

2510 & 2518 W JEFFERSON Street, Springfield, IL 62702

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

Fully occupied 10‑unit property generating $7,965 monthly income.
Significant development potential on 6.5 acres with R3 zoning.
Opportunity to rebuild a multi‑unit structure (duplex previously existed).
Located in the desirable Springfield High School District.
Tenants pay electric and gas, reducing owner expenses.

Updated: Mar 4

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$385,000

Springfield Multifamily Investment Opportunity

Six-unit complex with high occupancy and recent renovations.

629 W WASHINGTON Street, Springfield, IL 62702

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$250,000

Springfield Multifamily Investment Opportunity

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

524 E Ridgely Avenue, Springfield, IL 62702

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Historic Ridgely Building Redevelopment Opportunity

Contact for pricing

57,185 SF

Historic Ridgely Building Redevelopment Opportunity

Twelve-story building suitable for office, retail, or multifamily redevelopment.

500 E Monroe St, Springfield, IL 62701

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$160,000

Springfield Multifamily Investment Opportunity

Six-unit, all-brick apartment building in Springfield, Illinois.

1546 E CORNELL Street, Springfield, IL 62703

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 6 Active listings in Westchester, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 66 Off-Market properties to explore as potential leads, 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.

$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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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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$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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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

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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.

$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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$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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$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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$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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Off-Market Properties in Westchester, IL

Consider similar Off-Market properties in Westchester, 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.

1941 Mannheim Rd

APARTMENT HOUSE (UNDER 5 UNITS) • 6,500 SF

Value Estimation

$740,000

1941 Mannheim Rd, Westchester, IL 60154-4322

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1346 Norfolk Ave, Unit I

APARTMENT HOUSE (UNDER 5 UNITS) • 4,798 SF

Value Estimation

$560,000

1346 Norfolk Ave, Westchester, IL 60154-3700

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10342 Elizabeth St

APARTMENT HOUSE (UNDER 5 UNITS) • 3,200 SF

Value Estimation by Request

10342 Elizabeth St, Westchester, IL 60154-3945

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1626 Mannheim Rd

APARTMENT HOUSE (UNDER 5 UNITS) • 2,848 SF

Value Estimation by Request

1626 Mannheim Rd, Westchester, IL 60154-4319

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1626 Mannheim Rd

APARTMENT HOUSE (UNDER 5 UNITS) • 2,848 SF

Value Estimation by Request

1626 Mannheim Rd, Westchester, IL 60154-4319

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1636 Mannheim Rd

APARTMENT HOUSE (UNDER 5 UNITS) • 2,948 SF

Value Estimation

$525,000

1636 Mannheim Rd, Westchester, IL 60154-4319

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10419 Waterford Dr

APARTMENT HOUSE (UNDER 5 UNITS) • 3,116 SF

Value Estimation by Request

10419 Waterford Dr, Westchester, IL 60154-3538

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1636 Mannheim Rd

APARTMENT HOUSE (UNDER 5 UNITS) • 2,948 SF

Value Estimation

$525,000

1636 Mannheim Rd, Westchester, IL 60154-4319

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1657 Mannheim Rd

APARTMENT HOUSE (UNDER 5 UNITS) • 2,752 SF

Value Estimation by Request

1657 Mannheim Rd, Westchester, IL 60154-4369

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1420 Newcastle Ave, Unit 1

APARTMENT HOUSE (UNDER 5 UNITS) • 2,816 SF

Value Estimation by Request

1420 Newcastle Ave, Westchester, IL 60154-3613

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10324 Chaucer St

APARTMENT HOUSE (UNDER 5 UNITS) • 2,592 SF

Value Estimation by Request

10324 Chaucer St, Westchester, IL 60154-3508

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1616 Mannheim Rd

APARTMENT HOUSE (UNDER 5 UNITS) • 3,068 SF

Value Estimation

$515,000

1616 Mannheim Rd, Westchester, IL 60154-4372

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1606 Westchester Blvd

APARTMENT HOUSE (UNDER 5 UNITS) • 4,068 SF

Value Estimation by Request

1606 Westchester Blvd, Westchester, IL 60154-4332

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1606 Westchester Blvd

APARTMENT HOUSE (UNDER 5 UNITS) • 4,068 SF

Value Estimation by Request

1606 Westchester Blvd, Westchester, IL 60154-4332

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3012 Downing Ave

APARTMENT HOUSE (UNDER 5 UNITS) • 2,426 SF

Value Estimation by Request

3012 Downing Ave, Westchester, IL 60154-3967

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3018 Downing Ave, Unit 1

APARTMENT HOUSE (UNDER 5 UNITS) • 2,012 SF

Value Estimation by Request

3018 Downing Ave, Westchester, IL 60154-3970

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1527 Mannheim Rd, Unit 1

APARTMENT HOUSE (UNDER 5 UNITS) • 2,381 SF

Value Estimation by Request

1527 Mannheim Rd, Westchester, IL 60154-3609

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10306 Chaucer St

APARTMENT HOUSE (UNDER 5 UNITS) • 2,668 SF

Value Estimation by Request

10306 Chaucer St, Westchester, IL 60154-3914

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Westchester, IL Apartment Buildings Investment Opportunities Market Analysis

Explore 72 apartment buildings for sale in Westchester, IL, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 4,500 square feet of properties for sale, with an estimated market value of $399,900.

Sale prices for two-family homes in Westchester, IL start at $399,900, averaging $399,900, and reaching up to $399,900 — 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 17K

Population Growth (5Y) -0.3%

Median Household Income $103,561

College Educated 59.6%

Taxes & Financing

Average Loan-to-Value 65.0%

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Westchester, IL Apartment Buildings for Sale

Six-Unit Apartment Building with Upgrades

Updated six-unit apartment building with expansion potential in Springfield, IL.

Springfield Multifamily Investment Opportunity

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

Springfield Multifamily Investment Opportunity

Springfield Multifamily Investment Opportunity

Historic Ridgely Building Redevelopment Opportunity

Springfield Multifamily Investment Opportunity

Opportunities in Nearby Cities

Historic Mixed-Use Building For Sale

Multifamily Property with Redevelopment Potential

Decatur Multifamily Investment Opportunity

Historic Mixed-Use Building in Jacksonville

Potential Development Sites for Consideration

Prime Development Land, Springfield MO

Asheville Development Opportunity: 5.94 Acres

Greenville Development Opportunity: 1.33 Acres

Norman Land For Luxury Condos

Off-Market Properties in Westchester, IL

1941 Mannheim Rd

1346 Norfolk Ave, Unit I

10342 Elizabeth St

1626 Mannheim Rd

1626 Mannheim Rd

1636 Mannheim Rd

10419 Waterford Dr

1636 Mannheim Rd

1657 Mannheim Rd

1420 Newcastle Ave, Unit 1

10324 Chaucer St

1616 Mannheim Rd

1606 Westchester Blvd

1606 Westchester Blvd

3012 Downing Ave

3018 Downing Ave, Unit 1

1527 Mannheim Rd, Unit 1

10306 Chaucer St

Westchester, IL Apartment Buildings Investment Opportunities Market Analysis

Demographics Overview

Taxes & Financing

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