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    Lewistown, IL Multifamily Properties for Sale

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    Lewistown, IL Multi-Family Property
    Updated: Nov 4, 2025
    Lewistown, IL Multi-Family Property

    21904 US HWY 24, Lewistown, IL 61542

    $55,000
    Multi‑family living potential (duplex).
    Large, flat land area.
    Potential for storage units (subject to zoning approval).
    Convenient location: 30 minutes to Peoria, 15 minutes to Canton and Lewistown.
    Multiple Siding Types: Aluminum, Vinyl, and Wood.
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    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 9 Potential Opportunities for your consideration. Besides 1 Active listings in Lewistown, 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.

    Pekin Mixed-Use Investment Opportunity
    Pekin Mixed-Use Investment Opportunity

    529 ANN ELIZA Street, Pekin, IL 61554

    $117,000
    1,038 sqft

    Mixed-use property with commercial space and residential apartment in Pekin.

    View details
    Three-Unit Apartment Building in Canton
    Three-Unit Apartment Building in Canton

    263 S 1ST Avenue, Canton, IL 61520

    $128,500

    Three-unit apartment building with separate utilities and off-street parking.

    View details
    Canton Mixed-Use Property For Sale
    Canton Mixed-Use Property For Sale

    68 East Elm Street, Canton, IL 61520

    $750,000
    3,676 sqft

    Established sports bar and restaurant with apartments in downtown Canton.

    View details
    Ten-Unit Apartment Complex For Sale
    Ten-Unit Apartment Complex For Sale

    429 SOUTH Street, Pekin, IL 61554

    $479,900

    Ten-unit apartment complex with on-site laundry facility.

    View details

    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.

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    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.

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    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
    Wooded Homesite in Wheatfield, Indiana
    Wooded Homesite in Wheatfield, Indiana

    4418 Oakland Court, Wheatfield, IN 46392

    Contact for pricing
    0.57 AC lot

    Spacious, wooded 0.57-acre lot in established neighborhood.

    View details

    Lewistown, IL Multifamily Properties Market Trends and Statistics

    Explore 1 multifamily properties for sale in Lewistown, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $55,000.

    Sale prices for multifamily properties in Lewistown, IL start at $55,000, averaging $55,000, and reaching up to $55,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 1

    Demographics Overview

    Population 3,306
    Population Growth (5Y) -8.9%
    Median Household Income $65,529
    College Educated 25.8%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    61542 $55K

    Taxes & Financing

    Tax Rate (average for all types) 8.68%
    Tax Rate vs County Average 0.43 pp below county avg
    Average Loan-to-Value 65.0%

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