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    Farmer City, IL
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    Farmer City, IL Multifamily Properties for Sale

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    Arrowsmith, IL De Witt, IL De Land, IL Le Roy, IL Bellflower, IL Weldon, IL Fisher, IL Mahomet, IL
    Six Townhome Apartment Building
    Updated: Apr 12
    Six Townhome Apartment Building

    502 N Main St, Farmer City, IL 61842

    Contact for pricing
    1,230 sqft
    Six two‑story townhome units, each with 3 bedrooms and 1.5 bathrooms
    Each unit offers 1,230 SF with an open living/dining room floor plan and a gas fireplace
    Kitchens include a refrigerator, dishwasher, stove, and microwave
    Each unit has a mud room/laundry area with laundry hookups
    Attached garages include openers, plus large patios for each unit
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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 9 Potential Opportunities for your consideration. Besides 1 Active listings in Farmer City, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    4-Unit Quadplex with Updated Interiors
    4-Unit Quadplex with Updated Interiors

    114 E Lincoln Street, Saybrook, IL 61770

    $225,000

    Four apartments include three one-bedroom units and one two-bedroom unit, with recent improvements in two apartments.

    View details
    Brick Apartment Building with Five Units
    Brick Apartment Building with Five Units

    De Land, IL 61839

    $315,000

    Reimagined historic brick building with five units, heat pump HVAC, and septic tank service with an unfinished expansion wing.

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    Duplex Portfolio with Two-Car Garages
    Duplex Portfolio with Two-Car Garages

    805 Prestwick Point, Champaign, IL 61822

    Contact for pricing

    Turnkey portfolio of 11 duplex buildings with fully leased 3- and 2-bedroom units featuring two-car garages.

    View details
    Multifamily Apartment Community
    Multifamily Apartment Community

    2106 W White St, Champaign, IL 61821

    Contact for pricing

    Market-rate multifamily community with over 500 units and an active renovation program, including a newly built clubhouse.

    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.

    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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    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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    Commercial Land Development Parcel
    Commercial Land Development Parcel

    17039 Hillside Lane, Jerseyville, IL 62052

    $70,000
    2.10 AC lot

    Roughly two acres off Route 67 with utilities in place and an existing concrete pad for flexible development uses.

    View details
    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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    Farmer City, IL Multifamily Properties Market Trends and Statistics

    Explore 1 multifamily properties for sale in Farmer City, IL on our real estate platform. These investment opportunities span a total of 1,230 square feet of properties for sale.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 1

    Demographics Overview

    Population 2,577
    Population Growth (5Y) -5.5%
    Median Household Income $79,167
    College Educated 23.2%

    Taxes & Financing

    Tax Rate (average for all types) 8.30%
    Property Tax per SF $51.54 per SF
    Average Loan-to-Value 65.0%

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