Multifamily

Durand, IL Multifamily Properties for Sale

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Updated 8-Unit Apartment Building
Updated: Apr 17
Updated 8-Unit Apartment Building

113 NEWMAN Street, Durand, IL 61024

$599,990
6,304 sqft
Recently updated 8‑unit apartment building in Durand, with each unit offering 2 bedrooms and 1 bathroom
Recent unit updates: four units repainted and have new tenants
Common areas updated with new paint, lighting, and flooring (last year)
Appliances included in units: washer, dryer, refrigerator, and stove/cooktop
Heating includes electric and baseboard; cooling includes wall unit(s)
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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 10 Potential Opportunities for your consideration. Besides 1 Active listings in Durand, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 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.

Remodeled Duplex with Studio Garage
Remodeled Duplex with Studio Garage

135 S 8th Street, South Beloit, IL 61080

$199,900
1,617 sqft

Turnkey duplex near downtown Beloit with flexible studio space and two separately updated living units.

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Three-Unit Residential Income Property
Three-Unit Residential Income Property

2910 Chatham Ln., Rockford, IL 61101

$237,000
3,750 sqft

Three well-maintained units offer varied bedroom and bath layouts, with updates including flooring, windows, and roof.

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Mixed-Use Retail and Residential Property
Mixed-Use Retail and Residential Property

900 Blackhawk Blvd, South Beloit, IL 61080

Contact for pricing
780 sqft

Three-parcel mixed-use property includes a retail building, a 2-family apartment building, and an adjacent parking lot.

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Mixed-Use Retail and Residential Building
Mixed-Use Retail and Residential Building

3304 W State Street, Rockford, IL 61102

$232,500

Mixed-use property with two 3-bedroom, 1-bath apartments, a full basement, and a commercial storefront with off-street parking.

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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.

Land For Sale, Lakemoor, IL
Land For Sale, Lakemoor, IL

27 Oyster Bay, Lakemoor, IL 60051

Contact for pricing
0.12 AC lot

Commercial land available in Lakemoor, Illinois.

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University Park Developable Land
University Park Developable Land

976 Mesa Court, University Park, IL 60484

Contact for pricing
3.20 AC lot

3.2 acres with 24 concrete housing pads in University Park.

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Buildable Residential Lot with Pines
Buildable Residential Lot with Pines

Bollig Court lot: 2, Nekoosa, WI 54457

$35,000
2.45 AC lot

A wooded 2.45-acre lot with electric and fiber available at the lot line, suited for a home or cabin.

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Wooded Homesite in Wheatfield, Indiana
Wooded Homesite in Wheatfield, Indiana

4418 Oakland Court, Wheatfield, IN 46392

Contact for pricing
0.57 AC lot

Spacious, wooded 0.57-acre lot in established neighborhood.

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Off-Market Properties in Durand, IL

Consider similar Off-Market properties in Durand, 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.

203 Newman St
APARTMENT HOUSE (5+ UNITS)

203 Newman St, Durand, IL 61024-8923

Value Estimation by Request
0.47 AC lot
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Durand, IL Multifamily Properties Market Trends and Statistics

Explore 2 multifamily properties for sale in Durand, IL on our real estate platform. These investment opportunities span a total of 6,304 square feet of properties for sale, with an estimated market value of $599,990.

Sale prices for multifamily properties in Durand, IL average $599,990 — 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 2,264
Population Growth (5Y) -10.7%
Median Household Income $73,152
College Educated 27.1%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
61024 $600K

Taxes & Financing

Tax Rate (average for all types) 8.17%
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Winnebago County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Winnebago County

Residential Income

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