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    De Land, IL
    Multifamily

    De Land, IL Multifamily Properties for Sale

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    Farmer City, IL Monticello, IL Weldon, IL De Witt, IL Mansfield, IL Seymour, IL Fisher, IL Mahomet, IL
    Brick Apartment Building with Expansion Space
    Updated: Apr 16
    Brick Apartment Building with Expansion Space

    De Land, IL 61839

    $315,000
    Five existing apartment units in a 1909 brick building
    Unfinished wing contains thousands of square feet of raw space
    Layout described as accommodating 6 to 8 additional units
    Original features include high ceilings, exposed brick, and wide hallways
    Former gym offers potential event‑space configuration
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    Five-Unit Historic Apartment Building
    Updated: Apr 18
    Five-Unit Historic Apartment Building

    De Land, IL 61839

    $315,000
    Five existing apartment units
    Built in 1909 with early 20th‑century architectural character
    Thousands of square feet of unfinished raw space in the additional wing
    Layout identified for 6 to 8 more units
    Former gym provides potential event‑space use
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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 6 Potential Opportunities for your consideration. Besides 2 Active listings in De Land, 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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    New Townhome Quadplex
    New Townhome Quadplex

    3310 Stoneway Court, Champaign, IL 61822

    $950,000

    Four leased residences offer private garages, open living areas, and new appliances.

    View details
    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.

    View details
    4-Unit Quadplex with Attached Garages
    4-Unit Quadplex with Attached Garages

    3738-3744 Summer Sage Ct, Champaign, IL 61822

    $800,000

    Three units are leased through July 2027, while the fourth has been renovated for occupancy.

    View details

    De Land, IL Multifamily Properties Market Trends and Statistics

    Explore 2 multifamily properties for sale in De Land, IL on our real estate platform.

    Sale prices for multifamily properties in De Land, IL average $315,000 — 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

    Apartment buildings 2

    Demographics Overview

    Population 648
    Population Growth (5Y) +6.2%
    Median Household Income $63,393
    College Educated 25.9%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    61839 $315K

    Taxes & Financing

    Tax Rate (average for all types) 8.20%
    Tax Rate vs County Average 1.04 pp above county avg
    Average Loan-to-Value 65.0%

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