Multifamily

Grand Tower, IL Multifamily Properties for Sale

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Altenburg, MO Jackson, MO Gorham, IL Murphysboro, IL Carbondale, IL Makanda, IL Cobden, IL Oak Ridge, MO
12-Unit Apartment Property
Updated: Jul 10
12-Unit Apartment Property

612 E 3RD Avenue, Grand Tower, IL 62942

$250,000
1,250 sqft
Four apartment buildings with 12 units: 10 one‑bedroom and 2 two‑bedroom apartments
One one‑bedroom apartment is handicap accessible
One unit occupied; remaining units require varying levels of renovation
Operating as income‑based subsidized housing
Coin‑operated laundry facility
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1 active listing matches your search: Multifamily for sale in Grand Tower, IL. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Updated Duplex with Private Entrance
Updated Duplex with Private Entrance

224 s 20th Street, Murphysboro, IL 62966

$114,400
Built 1903  Multi-tenant

Two-unit residential property with separate access, refreshed finishes, and proximity to Murphysboro shops and restaurants.

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Two-Unit Duplex with Carports
Two-Unit Duplex with Carports

109 Highlander Drive #2, Carbondale, IL 62903

$122,570
2 units  1 building  Built 1980

Each residence offers two bedrooms, one bathroom, laundry connections, and access to a large yard.

2 x 2BR/1BA  Carport  Large yard  W/D hookups
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Waterfront Triplex with Decks
Waterfront Triplex with Decks

1808 PINE Street, Murphysboro, IL 62966

$62,000
3 units  1 building  Built 1923

Three apartment units include a mix of one- and two-bedroom layouts.

Utilities to site  2 x 1BR  1 x 2BR  Deck  Yard
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Four-Unit Apartment Building
Four-Unit Apartment Building

500 N Westridge Dr, Carbondale, IL 62901

$175,000
4 units  1 building  Built 1970
100% occupied

West Carbondale property with current occupancy, front parking, and updated laminate flooring in three apartments.

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Grand Tower, IL Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties for sale in Grand Tower, IL on our real estate platform. These investment opportunities span a total of 1,250 square feet of properties for sale, with an estimated market value of $250,000.

Sale prices for multifamily properties in Grand Tower, IL average $250,000 — 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

Apartment buildings 1

Demographics Overview

Population 670
Population Growth (5Y) +20.1%
Median Household Income $50,278
College Educated 2.8%

Taxes & Financing

Tax Rate (average for all types) 9.36%
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Jackson County

New Delisted

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