Multifamily

Heyworth, IL Multifamily Properties for Sale

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Downs, IL Bloomington, IL Wapella, IL Clinton, IL Mclean, IL Le Roy, IL Farmer City, IL Normal, IL
Remodeled 4-Unit Multifamily Property
Updated: Apr 28
Remodeled 4-Unit Multifamily Property

508 S VINE Street, Heyworth, IL 61745

$429,900
0.74 AC lot
Converted Heyworth Motel into a 4‑apartment multi‑family property
Unit mix: Units A & B are 1 bed/1 bath efficiencies; Unit C is 2 bed/1 bath with washer & dryer hook‑up
Unit appliances included: all units sold fully applianced; landlord pays all utilities
Updated in last 5 years: kitchen and bathroom remodels, paint, flooring, water heater, AC, and metal roof (2025)
Extra features: 4‑car extra‑large garage, inground pool, and gazebo with a privately fenced back yard
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Heyworth, 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.

All-Brick Duplex Investment Property
All-Brick Duplex Investment Property

507 E Cypress Street, Normal, IL 61761

$285,000

Two rented 2-bedroom units each with a full unfinished basement and shared detached two-car garage.

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Apartment Development Property
Apartment Development Property

300 E Shelbourne Dr, Normal, IL 61761

$1,209,879

Multi-family property with 100-unit Shelbourne Apartments and a community building on an 11-acre site.

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Double Wide Mobile Home with Central Air
Double Wide Mobile Home with Central Air

114 Oak Valley Court, Bloomington, IL 61704

$89,000

1999 double wide with cathedral ceilings, central air, and front off-street paved parking within a manufactured housing community.

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Stabilized Manufactured Housing Community
Stabilized Manufactured Housing Community

3710 Daffodil Dr, Bloomington, IL 61705

$2,300,000

37-site community with immediate cash flow and low maintenance.

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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.

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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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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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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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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Heyworth, IL Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties for sale in Heyworth, 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 $429,900.

Sale prices for multifamily properties in Heyworth, IL start at $429,900, averaging $429,900, and reaching up to $429,900 — 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

Quadplexes 1

Demographics Overview

Population 4,506
Population Growth (5Y) -2.3%
Median Household Income $102,696
College Educated 46.5%

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in McLean County

New Delisted

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