Multifamily

Hoopeston, IL Multifamily Properties for Sale

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Hoopeston Triplex Investment Opportunity
Updated: May 29
Hoopeston Triplex Investment Opportunity

412 E Main Street, Hoopeston, IL 60942

$85,000
Triplex with two 1 bed / 1 bath units and one 2 bed / 1 bath unit
Public remarks note the property is very well maintained and cash flowing
Heating includes electric and natural gas
Public utilities: public water and public sewer
Roof is asphalt; exterior construction is vinyl siding
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Hoopeston, 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.

Three-Unit Townhouse-Style Property
Three-Unit Townhouse-Style Property

211 W Railroad Street, Kentland, IN 47951

$350,000
0.40 AC lot

Three-unit townhouse-style multifamily with full occupancy, offering turnkey rental operations for an income-focused buyer.

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Mobile Home Park with Multi-Use Building
Mobile Home Park with Multi-Use Building

3117 E Voorhees St, Danville, IL 61834

$249,900
3,200 sqft 9.33 AC lot

A 9.33-acre park with four income-producing mobile homes and a large on-site building for flexible use.

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Income-Producing Triplex Investment Opportunity
Income-Producing Triplex Investment Opportunity

211 W Railroad Street, Kentland, IN 47951

$350,000

Well-maintained, fully occupied triplex in high-demand rental market.

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Danville Brick Duplex For Sale
Danville Brick Duplex For Sale

1003 N Franklin Street, Danville, IL 61832

$79,900

Brick duplex in Danville, Illinois, with rental income potential.

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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.

Wooded Homesite in Wheatfield, Indiana
Wooded Homesite in Wheatfield, Indiana

4418 Oakland Court, Wheatfield, IN 46392

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0.57 AC lot

Spacious, wooded 0.57-acre lot in established neighborhood.

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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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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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Hoopeston, IL Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties for sale in Hoopeston, 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 $85,000.

Sale prices for multifamily properties in Hoopeston, IL start at $85,000, averaging $85,000, and reaching up to $85,000 — 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 1

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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