Multifamily

Athens, IL Multifamily Properties for Sale

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Petersburg, IL Cantrall, IL Salisbury, IL Sherman, IL Pleasant Plains, IL Williamsville, IL Greenview, IL Springfield, IL
Mixed-Use Apartment Building
Updated: May 20
Mixed-Use Apartment Building

201 S MAIN Street, Athens, IL 62613

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Entire building available with space for five upper‑level apartments
Main floor and portions of the upper level are gutted
Upper level includes units: one nearly finished (3 bedrooms), one partially finished, and one framed
Roof over the corner/main portion was completed before winter
Some electrical and plumbing work already completed in the framed apartment
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Athens, 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.

Springfield Multifamily Investment Opportunity
Springfield Multifamily Investment Opportunity

2510 & 2518 W JEFFERSON Street, Springfield, IL 62702

$749,800
6.60 AC lot

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

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Mixed-Use Mobile Home Park
Mixed-Use Mobile Home Park

3721 Wollesen Lane, Springfield, IL 62702

$250,000
1.58 AC lot

Mixed-use B-1 property with vacant 24-by-48 commercial building and three mobile home rentals plus an on-site storage building.

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Mobile Home Park with Vacant Building
Mobile Home Park with Vacant Building

3721 Wollesen Lane, Springfield, IL 62702

$250,000
1.58 AC lot

B-1 mixed-use property with a variance mobile home park, including three rental units and a vacant front commercial building.

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Brick Duplex with Two 2BR Units
Brick Duplex with Two 2BR Units

109-111 E JONES Street, Williamsville, IL 62693

$200,000

Brick duplex features two 2BR/1BA units with separate water and electric meters and private washer/dryer hookups.

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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.

Commercial Land Development Parcel
Commercial Land Development Parcel

17039 Hillside Lane, Jerseyville, IL 62052

$70,000
2.10 AC lot

Roughly two acres off Route 67 with utilities in place and an existing concrete pad for flexible development uses.

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Residential Lot in Wellsville, MO
Residential Lot in Wellsville, MO

412 Washington Street, Wellsville, MO 63384

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0.17 AC lot

Ready-to-build residential lot in a charming small town.

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University Park Developable Land
University Park Developable Land

976 Mesa Court, University Park, IL 60484

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3.20 AC lot

3.2 acres with 24 concrete housing pads in University Park.

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Residential Lot in Park Hills
Residential Lot in Park Hills

226 N Large Street, Park Hills, MO 63601

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0.26 AC lot

Corner lot suitable for building or mobile home placement.

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Athens, IL Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties for sale in Athens, IL on our real estate platform.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 1

Demographics Overview

Population 3,659
Population Growth (5Y) -5.8%
Median Household Income $95,591
College Educated 45.1%

Taxes & Financing

Tax Rate (average for all types) 7.07%
Tax Rate vs County Average 0.19 pp below county avg
Average Loan-to-Value 65.0%

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