Advertise
    Illinois
    Multifamily

    Knox County, IL Multifamily Properties for Sale

    Notify Me
    List
    Map
    Chicago, IL Springfield, IL Rockford, IL
    24-Unit Townhome Investment Opportunity
    Updated: Feb 25
    24-Unit Townhome Investment Opportunity

    65 Locust St, Galesburg, IL 61401

    $1,248,000
    26,400 sqft
    Opportunity to increase revenue by raising rents to market levels, projecting an increase to an 8.62% pro forma cap rate and 9.39% cash‑on‑cash return.
    Attractive going‑in cap rate of 7.78% and cash‑on‑cash return of 6.03%.
    Priced at a compelling $54,167 per unit ($49.24 per square foot), favorably positioned relative to comparable sales.
    24‑unit townhome community comprised of six buildings totaling 26,400 rentable square feet.
    Spacious two- and three‑bedroom units averaging 1,100 square feet, appealing to families and long‑term renters.
    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Knox County, IL, we suggest exploring several alternatives: plus 4 Land Listings that present a potential for development.

    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 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.

    View details
    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.

    View details
    Residential Lot in Wellsville, MO
    Residential Lot in Wellsville, MO

    412 Washington Street, Wellsville, MO 63384

    Contact for pricing
    0.17 AC lot

    Ready-to-build residential lot in a charming small town.

    View details
    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.

    View details

    Knox County, IL Multifamily Properties Market Trends and Statistics

    Explore 1 multifamily properties for sale in Knox County, IL on our real estate platform. These investment opportunities span a total of 26,400 square feet of properties for sale, with an estimated market value of $1,248,000.

    Sale prices for multifamily properties in Knox County, IL start at $1,248,000, averaging $1,248,000, and reaching up to $1,248,000 — 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

    Browse Multifamily properties for Sale Near Knox, IL

    Popular Categories

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!