Multifamily

Casey, IL Multifamily Properties for Sale

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Five-Unit Apartment Building
Updated: Jul 22
Five-Unit Apartment Building

209 S Central Avenue, Casey, IL 62420

$139,999
Five apartments in one multifamily property
Separate electric meters for the apartments
Separate water meters for the apartments
Separate gas meters for the apartments
Built in 1970
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Brick Apartment Building
Updated: Jul 20
Brick Apartment Building

14 North Central Avenue, Unit 107, Casey, IL 62420

$179,900
5,131 sqft
9‑unit apartment building with three 3‑bedroom units and six 1‑unit apartments
5,131‑square‑foot brick building
90% average occupancy over the last year
Converted from former office use to apartments
Built in 1900
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Nine-Unit Multifamily Property
Nine-Unit Multifamily Property

14 North Central Avenue, Casey, IL 62420

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8,912 sqft

Commercially zoned asset with nine occupied apartments, an owner-use office, and storage space with conversion potential.

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Brick Apartment Building with Five Units
Brick Apartment Building with Five Units

209 S CENTRAL AVE, Casey, IL 62420

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3,948 sqft

Solid brick rental building featuring five large apartments with separate utility metering.

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9-Unit Brick Apartment Building
9-Unit Brick Apartment Building

107-14 N Central Ave, Casey, IL 62420

$179,900

Converted office improvements now accommodate a varied residential unit configuration in a brick building.

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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 5 Active listings in Casey, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Property with RV Park
Mixed-Use Property with RV Park

9274 E 1050th Ave, Robinson, IL 62454

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6,500 sqft

State-certified RV facilities accompany a commercial building with liquor, bar and grill, and video gaming operations.

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Manufactured Housing and RV Community
Manufactured Housing and RV Community

800 Southwind Blvd, Robinson, IL 62454

Contact for pricing

Mixed manufactured housing and RV community with city utilities, sub-metering, and professional management.

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Multifamily Apartment Portfolio
Multifamily Apartment Portfolio

1301, 1305, 1307,1309 & 1311 Arthur Ave, Charleston, IL 61920

Contact for pricing

Portfolio includes five apartment complexes with 31 total studio and one-bedroom units.

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169-Unit Apartment Portfolio
169-Unit Apartment Portfolio

1202 Lincoln Ave, Charleston, IL 61920

Contact for pricing

Positioned within walking distance of Eastern Illinois University in Charleston, Illinois.

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Casey, IL Multifamily Properties Market Trends and Statistics

Explore 5 multifamily properties for sale in Casey, IL, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 17,991 square feet of properties for sale, with an estimated market value of $499,799.

Sale prices for multifamily properties in Casey, IL start at $139,999, averaging $166,599, and reaching up to $179,900 — 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

Apartment buildings 5

Demographics Overview

Population 4,361
Population Growth (5Y) -8.4%
Median Household Income $68,235
College Educated 21.5%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
62420 $166.6K

Taxes & Financing

Tax Rate (average for all types) 8.29%
Property Tax per SF $30.71 per SF
Tax Rate vs County Average 1.52 pp above county avg
Average Loan-to-Value 65.0%

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