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    Knox County, IL Multifamily Properties for Sale

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    Chicago, IL Springfield, IL Rockford, IL
    Galesburg Multifamily Investment Opportunity
    $119,900

    Galesburg Multifamily Investment Opportunity

    260 N BROAD Street, Galesburg, IL 61401

    Six-unit multifamily property with value-add potential in Galesburg, IL.

    • Six‑unit property with value‑add potential.
    • Four of six units are currently occupied with tenants.
    • Potential for a high net return on investment.
    • Low maintenance property.
    • Located in a desirable area.
    Updated: Nov 25, 2025
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    24-Unit Townhome Investment Opportunity
    $1,300,000
    26,400 SF

    24-Unit Townhome Investment Opportunity

    65 Locust St, Galesburg, IL 61401

    24-unit townhome community with income growth potential in Galesburg, IL.

    • 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.
    Updated: Feb 25
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 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.

    Vacant Lot in Gated Community
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    0.12 Acres

    Vacant Lot in Gated Community

    Vacant lot in gated community with many amenities for seasonal living.

    2795 E 28th Lot 1205 Road, Seneca, IL 61360
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    University Park Developable Land
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    3.20 Acres

    University Park Developable Land

    3.2 acres with 24 concrete housing pads in University Park.

    976 Mesa Court, University Park, IL 60484
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    Residential Lot in Wellsville, MO
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    0.17 Acres

    Residential Lot in Wellsville, MO

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

    412 Washington Street, Wellsville, MO 63384
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    Belleville Land For Sale
    Contact for pricing
    0.60 Acres

    Belleville Land For Sale

    0.60 acre vacant lot in Villa Hills.

    636 Fern Drive, Belleville, IL 62223
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    Knox County, IL Multifamily Properties Investment Opportunities Market Analysis

    Explore 2 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 $1,300,000.

    Sale prices for multifamily properties in Knox County, IL start at $1,300,000, averaging $1,300,000, and reaching up to $1,300,000 — 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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