Multifamily

Collinsville, IL Multifamily Properties for Sale

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Belleville, IL Caseyville, IL Maryville, IL Fairview Heights, IL Glen Carbon, IL Troy, IL Granite City, IL East St Louis, IL
Duplex with Finished Basements
Updated: Sep 28
Duplex with Finished Basements

20-22 Carol Dr, Collinsville, IL 62234

$249,000
3,160 sqft
Two occupied garden‑style units, each with 2 bedrooms
3,160 square feet; built in 1979
Finished basement in each unit, with a nonconforming bedroom
Range, refrigerator, and dishwasher provided in both residences
Downstairs washer and dryer hookups; residents pay all utilities
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Townhouse-Style Duplex
Updated: Sep 13
Townhouse-Style Duplex

16-18 Carol Dr, Collinsville, IL 62234

$230,000
2,560 sqft
Two 3‑bedroom townhouse‑style units
2,560 square feet built in 1970
Full basement in each unit with washer and dryer hookups
Off‑street parking included
Range and refrigerator provided in both units
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Retail and Apartment Building
Retail and Apartment Building

517 W Clay St, Collinsville, IL

Contact for pricing
2,785 sqft 0.12 AC lot

Retail space with attached greenhouse and a two-bedroom apartment.

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See hot listings in Collinsville

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 3 Active listings in Collinsville, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 12 Off-Market properties to explore as potential leads, plus 1 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.

Corner Duplex Property
Corner Duplex Property

O Fallon, IL 62269

$400,000
0.35 AC lot

B-1-zoned property with two two-bedroom units and frontage along Highway 50 and Brookside.

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17-Unit Multifamily Condominium Portfolio
17-Unit Multifamily Condominium Portfolio

O Fallon, IL 62269

$1,520,000

Fully occupied condominium residences with one- and two-bedroom layouts, fireplaces, and HOA-managed exterior maintenance.

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Four-Unit Quadplex
Four-Unit Quadplex

2013 Grand Ave #A,B,A,B, Granite City, IL 62040

$57,000
3,925 sqft

Four two-bedroom residences provide a consistent unit configuration within this Granite City multifamily property.

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Four-Unit Quadplex
Four-Unit Quadplex

Granite City, IL 62040

$57,000

Each residence includes central air, forced-air heating, and natural gas service.

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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 with Concrete Pad
Commercial Land with Concrete Pad

17039 Hillside Lane, Jerseyville, IL 62052

$70,000
2.10 AC lot

Unzoned parcel with a concrete pad and new electric and water service.

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Off-Market Properties in Collinsville, IL

Consider similar Off-Market properties in Collinsville, 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.

501 Guernsey St
APARTMENT HOUSE (5+ UNITS)

501 Guernsey St, Collinsville, IL 62234-3311

Estimated value:
$480,000
2,940 sqft 0.40 AC lot
View details
718 Saint Louis Rd
APARTMENT HOUSE (5+ UNITS)

718 Saint Louis Rd, Collinsville, IL 62234-2054

Estimated value:
$300,000
854 sqft 0.26 AC lot
View details
200 Woodcrest Dr
MOBILE HOME PARK, TRAILER PARK

200 Woodcrest Dr, Collinsville, IL 62234-4605

Estimated value:
$515,000
1,052 sqft 4.56 AC lot
View details
190 Sandridge Dr
APARTMENT HOUSE (5+ UNITS)

190 Sandridge Dr, Collinsville, IL 62234-3708

Estimated value:
$410,000
2,560 sqft 0.36 AC lot
View details
620 Johnson Hl Rd
APARTMENT HOUSE (5+ UNITS)

620 Johnson Hl Rd, Collinsville, IL 62234-6039

Estimated value:
$290,000
4,928 sqft 0.36 AC lot
View details
2107 Keebler Ave
APARTMENT HOUSE (5+ UNITS)

2107 Keebler Ave, Collinsville, IL 62234-4770

Estimated value:
$310,000
504 sqft 0.46 AC lot
View details
503 Delevan St
APARTMENT HOUSE (5+ UNITS)

503 Delevan St, Collinsville, IL 62234-3600

Estimated value:
$290,000
2,480 sqft 0.18 AC lot
View details
317 Bissell Ave
Multifamily properties

317 Bissell Ave, Collinsville, IL 62234

Estimated value: by Request
View details
Reese Dr
Multifamily properties

0 Reese Dr, Collinsville, IL 62234

Estimated value: by Request
18.26 AC lot
View details
106 King Arthur Ct
APARTMENT HOUSE (5+ UNITS)

106 King Arthur Ct, Collinsville, IL 62234-4779

Estimated value:
$315,000
1,314 sqft 0.23 AC lot
View details
2105 Keebler Ave
APARTMENT HOUSE (5+ UNITS)

2105 Keebler Ave, Collinsville, IL 62234-4758

Estimated value:
$315,000
1,120 sqft 0.52 AC lot
View details
509 Clay St
APARTMENT HOUSE (5+ UNITS)

509 Clay St, Collinsville, IL 62234-3500

Estimated value:
$300,000
1,110 sqft 0.23 AC lot
View details

Collinsville, IL Multifamily Properties Market Trends and Statistics

Explore 15 multifamily properties for sale in Collinsville, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 8,505 square feet of properties for sale, with an estimated market value of $479,000.

Sale prices for multifamily properties in Collinsville, IL start at $230,000, averaging $239,500, and reaching up to $249,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 2
Apartment buildings 1

Demographics Overview

Population 32K
Population Growth (5Y) -1.8%
Median Household Income $66,437
College Educated 36.8%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
62234 $247K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Madison County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale Residential Income pricing trends in Madison County

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Collinsville fall within the 100,000+ square foot range.

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