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    Elizabethtown, IL
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    Elizabethtown, IL Multifamily Properties for Sale

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    Cave In Rock, IL Marion, KY Herod, IL Golconda, IL Salem, KY Junction, IL Sturgis, KY Equality, IL
    Turnkey Short-Term Rental Event Property
    Updated: Jul 8
    Turnkey Short-Term Rental Event Property

    798 Karbers Ridge Rd, Elizabethtown, IL 62931

    $1,800,000
    5,600 sqft 88.00 AC lot
    88‑acre short‑term rental and event property adjoining Shawnee National Forest on three sides
    Lodge‑style home with exposed beams and tall vaulted ceilings
    80x70 pole barn partially finished for commercial use with commercial kitchen, 2 bathrooms, and large lounge/recreation area
    Seven rental units in operation with nightly rates ranging from $126 to $260 (avg. approx. $183)
    Direct access to miles of trails for outdoor recreation, with nearby attractions including Rim Rock Trail, Garden of the Gods, Pounds Hollow Lake, and Cave‑In‑Rock State Park
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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Elizabethtown, 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.

    Waterfront Short-Term Rental Property
    Waterfront Short-Term Rental Property

    400 Jeff Clements, Marion, KY 42064

    $519,000
    2,000 sqft 40.00 AC lot

    The property includes two residences, recreational acreage, and an operating Airbnb.

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    Turn-Key Short-Term Rental Retreat
    Turn-Key Short-Term Rental Retreat

    400 Jeff Clements, Marion, KY 42064

    $519,000
    2,000 sqft

    Two furnished homes and a stocked pond support immediate short-term rental operations.

    View details
    16-Unit Apartment Building with 2-Bed Units
    16-Unit Apartment Building with 2-Bed Units

    620 Oak Park Blvd, Calvert City, KY 42029

    $1,400,000
    19,136 sqft

    Sixteen-unit multifamily property with 2-bedroom, 1-bath layouts, offered for sale in Calvert City.

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    1 Story, Five Or More - Calvert City, KY
    1 Story, Five Or More - Calvert City, KY

    620 South Main St, Calvert City, KY 42029

    $959,900

    Eight-unit multifamily property with high occupancy and rental upside.

    View details

    Elizabethtown, IL Multifamily Properties Market Trends and Statistics

    Explore 1 multifamily properties for sale in Elizabethtown, IL on our real estate platform. These investment opportunities span a total of 5,600 square feet of properties for sale, with an estimated market value of $1,800,000.

    Sale prices for multifamily properties in Elizabethtown, IL average $1,800,000 — 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

    Short term rental properties 1

    Demographics Overview

    Population 1,359
    Population Growth (5Y) -6.0%
    Median Household Income $55,625
    College Educated 11.4%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    62931 $1.8M

    Taxes & Financing

    Tax Rate (average for all types) 5.11%
    Tax Rate vs County Average 0.40 pp below county avg
    Average Loan-to-Value 65.0%

    How Realmo verifies these figures

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    Most Searched ZIP Codes in Elizabethtown, IL

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