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    Franklin Grove, IL Multifamily Properties for Sale

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    Dixon, IL Amboy, IL Oregon, IL
    Updated Duplex with Corner Lot
    $175,000
    Updated Duplex with Corner Lot

    101 S Spring Street, Franklin Grove, IL 61031

    Well maintained duplex with two 2-bedroom units, laundry facilities, and recent systems and interior updates.
    • Fully rented duplex with 2 apartments, each offering 2 bedrooms, a living room, and a spacious kitchen
    • Each unit includes laundry facilities
    • Updates include new shingles in 2016 and all new plumbing in 2017
    • Second‑floor remodeled bath completed in 2017
    • Boiler and one newer water heater reported
    Updated: Jun 23
    View details
    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
    $160,000
    2,356 SF
    Duplex with Separate Utilities

    Two 3-bedroom units with in-unit laundry and separate utilities provide flexible owner-occupant or rental options.

    1004 Hemlock Avenue, Dixon, IL 61021

    View details
    Duplex with Separate Utilities
    $160,000
    Duplex with Separate Utilities

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

    1004 Hemlock Avenue, Dixon, IL 61021

    View details
    Four-Unit Multifamily Corner Property
    $295,000
    Four-Unit Multifamily Corner Property

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

    411 N 6th Street, Oregon, IL 61061

    View details
    Classic 6-Unit Apartment Building
    $390,000
    4,054 SF
    Classic 6-Unit Apartment Building

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

    400 N 4th Street, Oregon, IL 61061

    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.

    Land For Sale, Lakemoor, IL
    Contact for pricing
    0.12 Acres
    Land For Sale, Lakemoor, IL

    Commercial land available in Lakemoor, Illinois.

    27 Oyster Bay, Lakemoor, IL 60051

    View details
    University Park Developable Land
    Contact for pricing
    3.20 Acres
    University Park Developable Land

    3.2 acres with 24 concrete housing pads in University Park.

    976 Mesa Court, University Park, IL 60484

    View details
    Wooded Homesite in Wheatfield, Indiana
    Contact for pricing
    0.57 Acres
    Wooded Homesite in Wheatfield, Indiana

    Spacious, wooded 0.57-acre lot in established neighborhood.

    4418 Oakland Court, Wheatfield, IN 46392

    View details
    Buildable Residential Lot with Pines
    $35,000
    2.45 Acres
    Buildable Residential Lot with Pines

    A wooded 2.45-acre lot with electric and fiber available at the lot line, suited for a home or cabin.

    Bollig Court lot: 2, Nekoosa, WI 54457

    View details

    Franklin Grove, IL Multifamily Properties Market Trends and Statistics

    Explore 1 multifamily properties for sale in Franklin Grove, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $175,000.

    Sale prices for multifamily properties in Franklin Grove, IL start at $175,000, averaging $175,000, and reaching up to $175,000 — 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 1,615
    Population Growth (5Y) +4.8%
    Median Household Income $74,050
    College Educated 31.0%

    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%

    Listings Trend

    New vs delisted commercial listings in Lee County

    New Delisted

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