Multifamily

Leland, IL Multifamily Properties for Sale

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Earlville, IL Sandwich, IL Somonauk, IL Sheridan, IL Waterman, IL Newark, IL Paw Paw, IL Millington, IL
Mixed-Use Building with Retail
Updated: Aug 21
Mixed-Use Building with Retail

154-156 E Railroad Street, Leland, IL 60531

$259,900
0.09 AC lot
Mixed‑use building constructed in 1891 on a 0.0883‑acre lot
Approximately 900 SF first‑floor retail suite with display windows, kitchenette, and full bathroom
One‑bedroom, one‑bath first‑floor apartment with in‑unit laundry and fenced backyard access
Two‑bedroom, one‑bath second‑floor apartment with vaulted ceilings
New roof installed 2 years ago, plus new windows and insulation
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Mixed-Use Building with Apartments
Updated: Aug 25
Mixed-Use Building with Apartments

154 E Railroad Ave, Leland, IL 60531

$259,900
Mixed‑use building at 154 E Railroad Ave in downtown Leland
First‑floor retail area is approximately 900 sf with showroom, display windows, kitchenette, and full bathroom
Two apartments: one‑bedroom/one‑bath and two‑bedroom/one‑bath
Apartments updated with new LVP flooring, drywall, doors, fixtures, cabinetry, and appliances
Roof installed 2 years ago; windows and insulation also updated
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Leland, 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.

Four-Unit Ranch Apartment Building
Four-Unit Ranch Apartment Building

1620 Suydam Road, Sandwich, IL 60548

$599,700
3,680 sqft

Individual apartments offer two bedrooms, full bathrooms, storage, and separately metered electric and water service.

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Ranch Quadplex with Four-Car Garage
Ranch Quadplex with Four-Car Garage

1620 Suydam Road, Sandwich, IL 60548

$599,700
0.66 AC lot

Each apartment includes laundry hookups, storage, and assigned garage parking.

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Side-by-Side Duplex with Garages
Side-by-Side Duplex with Garages

391-401 Rickert Street, Hinckley, IL 60520

$192,500

Two-story paired units offer separate entrances, full basements, attached garages, and kitchens equipped with appliances.

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Two-Unit Residential Income Duplex
Two-Unit Residential Income Duplex

529 W Lincoln Avenue, Hinckley, IL 60520

$235,000

Completely redone two-unit duplex with one- and two-bedroom layouts, plus direct garage access for the first-floor unit.

View details

Leland, IL Multifamily Properties Market Trends and Statistics

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

Sale prices for multifamily properties in Leland, IL average $259,900 — 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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Demographics Overview

Population 2,170
Population Growth (5Y) +23.4%
Median Household Income $77,672
College Educated 34.9%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
60531 $259.9K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in LaSalle County

New Delisted

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