Multifamily

Hoopeston, IL Multifamily Properties for Sale

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Potomac, IL Alvin, IL Cissna Park, IL Boswell, IN Milford, IL Penfield, IL Danville, IL West Lebanon, IN
Triplex with Mixed Unit Layout
Updated: Aug 12
Triplex with Mixed Unit Layout

412 E Main Street, Hoopeston, IL 60942

$60,000
Triplex with two 1 bed/1 bath units and one 2 bed/1 bath unit
MULTI zoning
Professionally managed with long‑term tenants
Assigned, off‑street parking located off the alley
Public water and public sewer
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Three-Unit Residential Property
Updated: Aug 12
Three-Unit Residential Property

514 E Main Street, Hoopeston, IL 60942

$65,000
Three‑unit residential property at 514 E Main Street
Five bedrooms and three bathrooms
Basement included
Vinyl siding exterior
Electric and natural gas heating
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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 6 Potential Opportunities for your consideration. Besides 2 Active listings in Hoopeston, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Two-Story Triplex with Garage
Two-Story Triplex with Garage

306 N Jefferson Avenue, Fowler, IN 47944

$150,000
3,228 sqft 0.20 AC lot

Three leased apartments include a mix of two- and one-bedroom layouts, plus outdoor amenities and storage.

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Two-Story Triplex with Garage
Two-Story Triplex with Garage

306 N Jefferson Ave, Fowler, IN 47944

$150,000
3,228 sqft

Fully occupied three-unit property with a corner-lot yard, patio area, and detached storage space.

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Two-Unit Duplex With Garages
Two-Unit Duplex With Garages

1210 N Vermilion Street, Danville, IL 61832

$132,500
3,100 sqft

Separately metered residences include individual garage spaces and a usable basement.

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Duplex with Garage
Duplex with Garage

1206 N Vermilion Street, Danville, IL 61832

$135,000

1910 duplex with a fenced backyard, two-car garage, and separate upper- and lower-level living spaces.

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Hoopeston, IL Multifamily Properties Market Trends and Statistics

Explore 2 multifamily properties for sale in Hoopeston, IL on our real estate platform.

Sale prices for multifamily properties in Hoopeston, IL start at $60,000, averaging $62,500, and reaching up to $65,000 — 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

Triplexes 2

Demographics Overview

Population 5,635
Population Growth (5Y) -4.0%
Median Household Income $55,284
College Educated 11.2%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
60942 $85K

Taxes & Financing

Tax Rate (average for all types) 10.03%
Tax Rate vs County Average 0.91 pp above county avg
Average Loan-to-Value 65.0%

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