Multifamily

Jonesboro, IL Multifamily Properties for Sale

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Anna, IL Dongola, IL Cobden, IL Alto Pass, IL Wolf Lake, IL Makanda, IL Cape Girardeau, MO Mc Clure, IL
Three-Home Manufactured Multifamily Property
Updated: Aug 7
Three-Home Manufactured Multifamily Property

1470 Morgan School Road, Jonesboro, IL 62952

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5.44 AC lot
5.44 acres in a rural setting
Two double‑wide manufactured homes and one single‑wide manufactured home
Homes require repairs and updates
One home has a private well; two are connected to city water
Pole building provides additional storage or workspace
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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 9 Potential Opportunities for your consideration. Besides 1 Active listings in Jonesboro, 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.

Brick Apartment Building
Brick Apartment Building

239 N Middle Street, Cape Girardeau, MO 63701

$599,900
5,943 sqft 0.23 AC lot

Brick apartment building with nine existing units, a private parking lot, and public water and sewer service.

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Three-Unit Multifamily Building
Three-Unit Multifamily Building

510 Washington Ave, Cape Girardeau, MO 63701

$245,000
3,300 sqft

Occupied multifamily property with updated systems and a larger upper-level unit with finished attic space.

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Two-Story Retail Building with Apartments
Two-Story Retail Building with Apartments

4575 E Vienna Street, Anna, IL 62906

$199,900

Two-story retail building with a currently operating marketplace and three rented apartments.

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Two-Unit Mixed-Use Building
Two-Unit Mixed-Use Building

113 LAFAYETTE Street, Anna, IL 62906

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Two-unit property with a ground-floor commercial/retail unit and an upstairs 2-bedroom apartment used for short-term rentals.

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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 with Road Frontage
Commercial Land with Road Frontage

3711 Olivet Church Road, Paducah, KY 42001

$799,000

6.81 acres with 155 feet of road frontage plus on-site buildings, offering flexibility for multiple development concepts.

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Residential Lot in Ledbetter, KY
Residential Lot in Ledbetter, KY

307 Golden Meadow Lane lot: 7, Ledbetter, KY 42058

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0.36 AC lot

Level lot suitable for building or manufactured home.

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Residential Lot in Ledbetter, KY
Residential Lot in Ledbetter, KY

318 Golden Meadow Lane lot: 52, Ledbetter, KY 42058

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0.33 AC lot

Level lot suitable for building or manufactured home.

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Residential Lot in Ledbetter, KY
Residential Lot in Ledbetter, KY

297 Golden Meadow Lane lot: 6, Ledbetter, KY 42058

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0.40 AC lot

Level lot suitable for building or manufactured home in Ledbetter.

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Jonesboro, IL Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties for sale in Jonesboro, IL on our real estate platform.

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Demographics Overview

Population 2,950
Population Growth (5Y) -6.1%
Median Household Income $57,206
College Educated 30.1%

Taxes & Financing

Tax Rate (average for all types) 7.41%
Tax Rate vs County Average 0.06 pp above county avg
Average Loan-to-Value 65.0%

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