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    Franklin Grove, IL
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    Franklin Grove, IL Multifamily Properties for Sale

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    Dixon, IL Amboy, IL Oregon, IL Rochelle, IL Steward, IL Kings, IL Compton, IL Sublette, IL
    Updated Duplex with Corner Lot
    Updated: Jun 23
    Updated Duplex with Corner Lot

    101 S Spring Street, Franklin Grove, IL 61031

    $169,900
    Two apartments, each with two bedrooms, living room, kitchen, and in‑unit laundry
    New shingles installed in 2016 and all new plumbing
    Second‑floor bath remodeled in 2017
    One newer water heater and newer boiler
    Corner lot duplex with basement
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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 Franklin Grove, 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.

    Duplex with Separate Utilities
    Duplex with Separate Utilities

    1004 Hemlock Avenue, Dixon, IL 61021

    $159,000
    2,356 sqft

    Duplex for sale with two units, each offering three bedrooms, one bath, in-unit laundry, and separate utilities.

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    Classic 6-Unit Apartment Building
    Classic 6-Unit Apartment Building

    400 N 4th Street, Oregon, IL 61061

    Contact for pricing
    4,054 sqft

    Fully rented, historic 6-unit apartment building with steady cash flow.

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    Four-Unit Multifamily Corner Property
    Four-Unit Multifamily Corner Property

    411 N 6th Street, Oregon, IL 61061

    Contact for pricing

    Four-unit multifamily building with a newer roof and a corner-lot layout for two units on each level.

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    Duplex with Separate Utilities
    Duplex with Separate Utilities

    1004 Hemlock Avenue, Dixon, IL 61021

    Contact for pricing

    Two 3-bedroom units each with in-unit laundry, eat-in kitchens, and independent HVAC and utilities.

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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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    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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    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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    Franklin Grove, IL Multifamily Properties Market Trends and Statistics

    Explore 1 multifamily properties for sale in Franklin Grove, IL on our real estate platform.

    Sale prices for multifamily properties in Franklin Grove, IL average $169,900 — 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 1,615
    Population Growth (5Y) +4.8%
    Median Household Income $74,050
    College Educated 31.0%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    61031 $169.9K

    Taxes & Financing

    Tax Rate (average for all types) 8.32%
    Tax Rate vs County Average 0.11 pp above county avg
    Average Loan-to-Value 65.0%

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