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    Canton, IL
    Multifamily

    Canton, IL Multifamily Properties for Sale

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    Banner, IL Cuba, IL Farmington, IL Lewistown, IL Elmwood, IL Glasford, IL Maquon, IL Mapleton, IL
    Three-Unit Apartment Building
    Updated: Mar 19
    Three-Unit Apartment Building

    263 S 1ST Avenue, Canton, IL 61520

    $119,900
    3‑unit apartment building with separate utilities for each unit and tenants paying their own utilities
    Off‑street parking behind the building with alley parking
    Roof is approximately 3 years old
    Some newer flooring, windows, and wiring
    Heating: forced air with natural gas; water source: public
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Canton, 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.

    7-Unit Mixed-Use Office Property
    7-Unit Mixed-Use Office Property

    331 S 4TH Street, Pekin, IL 61554

    $230,000

    Vacant 7-unit mixed-use building includes a large commercial office space and four upper-level residential units.

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    Four-Unit Residential Income Building
    Four-Unit Residential Income Building

    201 N Rose St, Elmwood, IL 61529

    Contact for pricing

    Well-maintained four-unit complex with consistently occupied long-term tenants.

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    Four-Unit Apartment Complex
    Four-Unit Apartment Complex

    503 E Main St, Elmwood, IL 61529

    Contact for pricing

    Four-unit residential income property currently reported as fully occupied with tenants interested in retaining leases.

    View details
    Ten-Unit Apartment Complex For Sale
    Ten-Unit Apartment Complex For Sale

    429 SOUTH Street, Pekin, IL 61554

    $479,900

    Ten-unit apartment complex with on-site laundry facility.

    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.

    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

    Contact for pricing
    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

    Contact for pricing
    3.20 AC lot

    3.2 acres with 24 concrete housing pads in University Park.

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    Land For Sale, Lakemoor, IL
    Land For Sale, Lakemoor, IL

    27 Oyster Bay, Lakemoor, IL 60051

    Contact for pricing
    0.12 AC lot

    Commercial land available in Lakemoor, Illinois.

    View details

    Canton, IL Multifamily Properties Market Trends and Statistics

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

    Sale prices for multifamily properties in Canton, IL average $119,900 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Triplexes 1

    Demographics Overview

    Population 16K
    Population Growth (5Y) -4.2%
    Median Household Income $56,618
    College Educated 22.7%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    61520 $439.3K

    Taxes & Financing

    Tax Rate (average for all types) 9.07%
    Tax Rate vs County Average 0.04 pp below county avg
    Average Loan-to-Value 65.0%

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