Multifamily

Farmington, IL Multifamily Properties for Sale

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Elmwood, IL Annawan, IL Trivoli, IL Glasford, IL Fairview, IL Canton, IL Hanna City, IL Brimfield, IL
Two-Unit Duplex with Garage
Updated: Dec 21, 2025
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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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 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.

Renovated 12-Unit Apartment Building
Renovated 12-Unit Apartment Building

522 N Main Street, Hanna City, IL 61536

$720,000
5,586 sqft

Renovated 12-unit multifamily property with a mix of 1- and 2-bedroom units and recent major utility updates.

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Mixed-Use Property with Apartments
Mixed-Use Property with Apartments

Peoria, IL 61607

$279,900
2,000 sqft

Two-building property combines leased commercial space, four apartments, and garage parking across three parcels.

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Brick Duplex with Detached Garage
Brick Duplex with Detached Garage

619 N MAIN Street, Hanna City, IL 61536

$149,900

Two matching residential units offer central air and natural gas forced-air heating.

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Two-Building Mixed-Use Property
Two-Building Mixed-Use Property

520-600 W Main Street, Peoria, IL 61606

$1,250,000

Commercial space occupies the ground floors, with apartments arranged above.

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Farmington, IL Multifamily Properties Market Trends and Statistics

Explore 1 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 $97,000.

Sale prices for multifamily properties in Farmington, IL average $97,000 — 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

Demographics Overview

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

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
61531 $97K

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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