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    Farmington, IL
    Multifamily

    Farmington, IL Multifamily Properties for Sale

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    Elmwood, IL Annawan, IL Trivoli, IL Maquon, IL Fairview, IL Canton, IL Hanna City, IL Brimfield, IL
    Two-Unit Duplex with Garage
    Updated: Feb 17
    Two-Unit Duplex with Garage

    413 W Fort St, Farmington, IL 61531

    $97,000
    1,408 sqft
    Two‑unit up‑and‑down duplex configuration
    Unit mix includes 1‑bedroom, 1‑bath and 3‑bedroom, 1‑bath residences
    1,408 SF property on a corner lot
    2‑stall garage provides parking and storage
    Located within the Farmington School District
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    Quadplex Property with Parking
    Updated: Mar 16
    Quadplex Property with Parking

    699 E Fort Street, Farmington, IL 61531

    $399,000
    3 separate buildings with 4 units per building
    Unit mix includes two 2‑bedroom units and two 1‑bedroom units
    Large parking area serves the multifamily property
    Buildings require repairs and updates
    Located at 699 E Fort Street in Farmington, IL 61531
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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 Farmington, 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.

    Triplex with Separate Utilities
    Triplex with Separate Utilities

    263 S 1ST Avenue, Canton, IL 61520

    $115,900

    Three-unit apartment property with rear off-street parking and several recent building updates.

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    Four-Unit Residential Income Building
    Four-Unit Residential Income Building

    201 N Rose St, Elmwood, IL 61529

    Contact for pricing

    Well-maintained four-unit complex with consistently occupied long-term tenants.

    View details
    Four-Unit Apartment Complex
    Four-Unit Apartment Complex

    503 E Main St, Elmwood, IL 61529

    Contact for pricing

    Four-unit residential income property currently reported as fully occupied with tenants interested in retaining leases.

    View details
    Multifamily Portfolio
    Multifamily Portfolio

    366 Thompson Ct, Canton, IL 61520

    Contact for pricing

    Multifamily offering located in Canton, Illinois.

    View details

    Farmington, IL Multifamily Properties Market Trends and Statistics

    Explore 2 multifamily properties for sale in Farmington, IL on our real estate platform. These investment opportunities span a total of 1,408 square feet of properties for sale, with an estimated market value of $496,000.

    Sale prices for multifamily properties in Farmington, IL start at $97,000, averaging $248,000, and reaching up to $399,000 — 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

    Duplexes 1
    Quadplexes 1

    Demographics Overview

    Population 3,018
    Population Growth (5Y) -9.5%
    Median Household Income $64,875
    College Educated 36.6%

    Taxes & Financing

    Tax Rate (average for all types) 9.38%
    Tax Rate vs County Average 0.26 pp above county avg
    Average Loan-to-Value 65.0%

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