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Hanna City, IL Multifamily Properties for Sale

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Elmwood, IL Peoria, IL Bartonville, IL Mapleton, IL Edwards, IL Glasford, IL West Peoria, IL Creve Coeur, IL
Renovated 12-Unit Apartment Building
Updated: Jan 30
Renovated 12-Unit Apartment Building

522 N Main St, Hanna City, IL 61536

$770,000
5,586 sqft
12‑unit apartment building (Year built 1967) with a mix of 1BD/1BA and 2BD/1BA units
Units have been completely renovated or updated; odd‑numbered units are 1 bedroom/1 bathroom and even‑numbered units are 2 bedroom/1 bathroom
Recent utility updates include new main water line from the street to the building (2023) and new sewer clean out (2023)
Boiler hot water lines and parts updated (2024/2025) plus a new water heater (2024)
Currently 1 vacant unit (#2); once rented, total monthly rents will be at least $8,545
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Hanna City, 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.

Historic Mixed-Use Building with Parking
Historic Mixed-Use Building with Parking

6001 S ADAMS Street #4, Bartonville, IL 61607

$325,000
4,192 sqft

Three-story historic mixed-use building with commercial retail level, furnished units, elevator lift, and 20-space parking lot.

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Peoria Multifamily Investment Opportunity
Peoria Multifamily Investment Opportunity

1714 N LINN Street, Peoria, IL 61604

$45,000
0.15 AC lot

Multifamily property in Peoria, Illinois, with investment and value-add potential.

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Well-Kept Duplex Portfolio
Well-Kept Duplex Portfolio

4007 N Becker, Peoria, IL 61607

Contact for pricing

Well-kept all-electric duplexes on a private cul-de-sac with additional land to build on.

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Downtown Corner Mixed-Use Property
Downtown Corner Mixed-Use Property

107 N Oak St, Glasford, IL 61533

Contact for pricing

Corner-lot mixed-use building with a main-level hardware store and two rented 2-bedroom apartments.

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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.

Commercial Land Development Parcel
Commercial Land Development Parcel

17039 Hillside Lane, Jerseyville, IL 62052

$70,000
2.10 AC lot

Roughly two acres off Route 67 with utilities in place and an existing concrete pad for flexible development uses.

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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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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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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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Hanna City, IL Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties for sale in Hanna City, IL on our real estate platform. These investment opportunities span a total of 5,586 square feet of properties for sale, with an estimated market value of $770,000.

Sale prices for multifamily properties in Hanna City, IL start at $770,000, averaging $770,000, and reaching up to $770,000 — 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 3,445
Population Growth (5Y) +18.1%
Median Household Income $73,879
College Educated 33.3%

Taxes & Financing

Tax Rate (average for all types) 8.27%
Property Tax per SF $3.64 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Peoria County

New Delisted

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