Multifamily

Colfax, IL Multifamily Properties for Sale

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Anchor, IL Ellsworth, IL Lexington, IL Saybrook, IL Chenoa, IL Arrowsmith, IL Fairbury, IL Gibson City, IL
7-Unit Apartment Building
Updated: Oct 22
7-Unit Apartment Building

101 S Center Street, Colfax, IL 61728

$369,900
Seven‑unit apartment building
Roof updated in 2024
Built in 1874
Long‑term renters
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Colfax, 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.

Four-Unit Apartment Property
Four-Unit Apartment Property

114 E Lincoln St, Saybrook, IL 61770

$225,000
1,470 sqft

Unit mix includes three one-bedroom apartments and one two-bedroom apartment, with refreshed interiors and building-wide mechanical updates.

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Four-Unit Apartment Property
Four-Unit Apartment Property

114 E Lincoln Street, Saybrook, IL 61770

$225,000

Updated interiors, newer building systems, and a mixed one- and two-bedroom floor plan support rental operations.

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Duplex with Detached Garage
Duplex with Detached Garage

201 S Towanda Ave, Normal, IL 61761

$339,900

Two-unit property with basements, private access, off-street parking, and outdoor space near shopping and restaurants.

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Brick Duplex With Shared Garage
Brick Duplex With Shared Garage

507 E Cypress Street, Normal, IL 61761

$259,900

All-brick ranch duplex with unfinished basements and a shared detached garage.

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Colfax, IL Multifamily Properties Market Trends and Statistics

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

Sale prices for multifamily properties in Colfax, IL average $369,900 — 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 1

Demographics Overview

Population 1,316
Population Growth (5Y) +0.4%
Median Household Income $93,654
College Educated 33.3%

Taxes & Financing

Tax Rate (average for all types) 9.23%
Property Tax per SF $27.36 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in McLean County

New Delisted

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