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    Chester, IL Multifamily Properties for Sale

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    Mixed-Use Property with Executive Suite
    $945,000
    12,400 SF

    Mixed-Use Property with Executive Suite

    541b Hillview Drive, Chester, IL 62233

    Two-building mixed-use property with development potential and luxury apartment.

    • Two buildings totaling 20,400 sq ft on 5.63 acres.
    • Commercially zoned by the City of Chester, and farm by the County assessor.
    • Includes a 2,400 sq ft, 4‑bedroom executive suite apartment.
    • 8,000 sq ft building (built in 2006) features wide entry doors and a huge loft.
    • Full commercial appraisal available upon request.
    Updated: Nov 1, 2025
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    Historic Mixed-Use Building in Chester
    $180,000
    5,720 SF

    Historic Mixed-Use Building in Chester

    104-106 W Stacey Street, Chester, IL 62233

    Historic mixed-use building with retail and residential income potential.

    • Historic landmark building in the heart of the business district.
    • Positive cash flow from 4 rented one‑bed, one‑bath apartments. Includes range and refrigerator in apartments.
    • Two street‑level storefronts suitable for retail or other businesses.
    • Full basement with outside access offering potential for various uses.
    • Brick construction.
    Updated: Dec 28, 2025
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    Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 2 Active listings in Chester, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Explore Opportunities in Nearby Cities

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

    Downtown Perryville Mixed-Use Property
    $179,000
    1,248 SF

    Downtown Perryville Mixed-Use Property

    Versatile commercial space with income-generating Airbnb in thriving downtown.

    115 N Jackson Street, Perryville, MO 63775
    View details
    Mixed-Use Property in Downtown Perryville
    $3,030,000
    20,600 SF

    Mixed-Use Property in Downtown Perryville

    Multi-tenant property with residential and commercial units in downtown Perryville.

    104-110 N Jackson Street, Perryville, MO 63775
    View details
    Marissa, IL Four Unit Building
    $158,900

    Marissa, IL Four Unit Building

    Four-unit building with two-bedroom apartments, investment or occupancy opportunity.

    434 East Drive, Marissa, IL 62257
    View details
    Marissa, IL Four Unit Building
    $158,900

    Marissa, IL Four Unit Building

    Four-unit building with two-bedroom apartments, investment or occupancy opportunity.

    427 East Drive, Marissa, IL 62257
    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.

    Lake Perry Camping Lot
    Contact for pricing
    0.58 Acres

    Lake Perry Camping Lot

    0.578 acre wooded camping lot with Lake Perry amenities.

    5101 W Loop Drive, Perryville, MO 63775
    View details
    Residential Land in Duquoin, IL
    Contact for pricing
    0.20 Acres

    Residential Land in Duquoin, IL

    Residential lot with utilities available in Duquoin, Illinois.

    Du Quoin, IL 62832
    View details
    Residential Lot in Park Hills
    Contact for pricing
    0.26 Acres

    Residential Lot in Park Hills

    Corner lot suitable for building or mobile home placement.

    226 N Large Street, Park Hills, MO 63601
    View details
    Belleville Buildable Residential Lot
    Contact for pricing
    0.63 Acres

    Belleville Buildable Residential Lot

    0.66 acre lot in Villa Hills, St. Clair County.

    632 Fern Drive, Belleville, IL 62223
    View details

    Explore Off-Market Properties in Chester, IL

    Consider similar Off-Market properties in Chester, 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.

    831 Lehmen Dr

    831 Lehmen Dr

    APARTMENT HOUSE (5+ UNITS)
    Value Estimation by Request
    831 Lehmen Dr, Chester, IL 62233-1279
    View details
    1508 Hyland Rd, Unit 1510

    1508 Hyland Rd, Unit 1510

    APARTMENT HOUSE (5+ UNITS)
    Value Estimation by Request
    1508 Hyland Rd, Chester, IL 62233-1243
    View details
    647 State St

    647 State St

    APARTMENT HOUSE (5+ UNITS)
    Value Estimation by Request
    647 State St, Chester, IL 62233-1678
    View details
    982 State St

    982 State St

    APARTMENT HOUSE (5+ UNITS) • 0.24 Acres
    Value Estimation by Request
    982 State St, Chester, IL 62233-1652
    View details
    1414 Ct St 1416th Ct St

    1414 Ct St 1416th Ct St

    APARTMENT HOUSE (5+ UNITS) • 1.89 Acres
    Value Estimation by Request
    1414 Ct St 1416th Ct St, Chester, IL 62233
    View details

    Chester, IL Multifamily Properties Investment Opportunities Market Analysis

    Explore 7 multifamily properties for sale in Chester, IL on our real estate platform. These investment opportunities span a total of 341,196 square feet of properties for sale, with an estimated market value of $1,690,000.

    Sale prices for multifamily properties in Chester, IL start at $180,000, averaging $422,500, and reaching up to $945,000 — 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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