Multifamily

Jacksonville, IL Multifamily Properties for Sale

Notify Me
List
Map
Franklin, IL Virginia, IL New Berlin, IL Meredosia, IL Waverly, IL Roodhouse, IL Pleasant Plains, IL Beardstown, IL
Mixed-Use Building with Gymnasium
Updated: Sep 12, 2025
Mixed-Use Building with Gymnasium

352 FRANKLIN Street, Jacksonville, IL 62650

$415,000
4.22 AC lot
4.22‑acre mixed‑use property in Jacksonville, Illinois
Main floor zoned residential with tenant‑occupied units
Lower level includes a full gymnasium and locker rooms
Commercial zoning on the lower level
Interior includes a kitchen, bathrooms, and auditorium
View details
Apartment Building with Gymnasium
Updated: Sep 12, 2025
Apartment Building with Gymnasium

352 FRANKLIN Street, Jacksonville, IL 62650

$415,000
4.22 AC lot
4.22‑acre apartment property at 352 FRANKLIN Street, Jacksonville, IL 62650
Main floor includes tenant‑occupied residential units
Lower level has commercial zoning, a full gymnasium, locker rooms, auditorium, kitchen, and bathrooms
Brick construction completed in 1939
Oversized parking area
View details
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 Jacksonville, 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.

Vaulted-Ceiling Duplex
Vaulted-Ceiling Duplex

2704 Johnathan Place, Springfield, IL 62711

$345,000
2,611 sqft

Finished basement, patio, and partially fenced yard expand the property’s practical living and outdoor areas.

View details
Two-Story Mixed-Use Building
Two-Story Mixed-Use Building

145 N SPRINGFIELD Street, Virden, IL 62690

$300,000

Mixed-use property combining commercial storefronts and residential apartments with existing occupancy.

View details
As-Is Multifamily Property
As-Is Multifamily Property

403 N Finis Street, Virden, IL 62690

$185,000

Multiple bedrooms and bathrooms are supported by public utilities and forced-air natural-gas heating.

View details
Four-Unit Building with Rear Decks
Four-Unit Building with Rear Decks

2811 MONMOUTH Court, Springfield, IL 62704

$359,900

Well-maintained multifamily property with practical layouts, individual utility responsibility, outdoor space, and off-street parking.

View details

Jacksonville, IL Multifamily Properties Market Trends and Statistics

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

Sale prices for multifamily properties in Jacksonville, IL average $415,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

List
Map

Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 2

Demographics Overview

Population 24K
Population Growth (5Y) -9.1%
Median Household Income $64,137
College Educated 16.5%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
62650 $1.2M

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Morgan County

New Delisted

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings