Tallula, IL
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    Tallula, IL Land 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 6 Potential Opportunities for your consideration. Besides 1 Active listings in Tallula, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 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.

    Recreational Hunting and Horse Land
    $400,000
    22.26 Acres
    Recreational Hunting and Horse Land

    Recreational land with a private building site, creek, and pond, with maintained road access at the entrance.

    8543 Frey Road, Pleasant Plains, IL 62677

    View details
    Waterfront Land on Sangamon River
    $106,000
    4.24 Acres
    Waterfront Land on Sangamon River

    4.24 acre waterfront property with potential for weekend getaway.

    Deer Crossing Lane lot: 14 15 16, Petersburg, IL 62675

    View details
    22.26 Acre Recreational Wonderland
    $400,000
    22.26 Acres
    22.26 Acre Recreational Wonderland

    22.26 acre recreational property near Springfield with wildlife.

    8543 Frey Road, Pleasant Plains, IL 62677

    View details
    Lake Access Residential Land
    $70,000
    Lake Access Residential Land

    Vacant lot with lake access and mature trees.

    68 ALMOND Lane, Petersburg, IL 62675

    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.

    68 Acres Tillable Land For Sale
    $499,000
    68.30 Acres
    68 Acres Tillable Land For Sale

    68 acres of tillable land suitable for multiple uses.

    Saint Johns, MI 48879

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    Tallula, IL Land Market Trends and Statistics

    Explore 1 land 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 lots 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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