De Land, IL Multifamily properties for sale

$315,000

Historic Schoolhouse Multifamily Opportunity

De Land, IL 61839

Unique multifamily property with expansion potential in historic schoolhouse.

Significant expansion potential: Unfinished wing allows for the addition of 6‑8 more units or an event space.
Unique historical landmark: Converted early 20th‑century schoolhouse with original architectural details.
Existing income‑generating units: Five modern, leasable units are already in place.
Durable construction: Built to a higher standard than modern construction.
Attractive architectural features: High ceilings, exposed brick, and wide hallways.

Updated: Apr 16

View details

Opportunities in Nearby Cities

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

$159,900

0.22 Acres

Urbana Duplex Near U of I

Well-located Urbana duplex with strong rental potential near U of I.

1207 N Linview Avenue, Urbana, IL 61801

View details

$230,000

0.30 Acres

All-Brick Duplex in Champaign, IL

Well-maintained duplex with hardwood floors and strong rental history.

1210-1212 Julie Drive, Champaign, IL 61821

View details

$599,000

0.18 Acres

Well-Maintained 5-Unit Near Campus

Prime location near University of Illinois with on-site parking.

709 W Nevada Street, Urbana, IL 61801

View details

Contact for pricing

Spacious Townhomes Near University

45-unit townhome community near the University of Illinois.

1801 West John Street, Champaign, IL 61821

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.

Contact for pricing

0.12 Acres

Vacant Lot in Gated Community

Vacant lot in gated community with many amenities for seasonal living.

2795 E 28th Lot 1205 Road, Seneca, IL 61360

View details

Contact for pricing

3.20 Acres

University Park Developable Land

3.2 acres with 24 concrete housing pads in University Park.

976 Mesa Court, University Park, IL 60484

View details

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

Contact for pricing

0.60 Acres

Belleville Land For Sale

0.60 acre vacant lot in Villa Hills.

636 Fern Drive, Belleville, IL 62223

View details

De Land, IL Multifamily Properties Investment Opportunities Market Analysis

Explore 1 multifamily properties for sale in De Land, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $315,000.

Sale prices for multifamily properties in De Land, IL start at $315,000, averaging $315,000, and reaching up to $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.

De Land, IL Multifamily Properties for Sale

Historic Schoolhouse Multifamily Opportunity

Unique multifamily property with expansion potential in historic schoolhouse.