Lincoln, IL Multifamily properties for sale

Updated: Jun 17

Brick Mixed-Use Building

608-612 Broadway Street, Lincoln, IL 62656

$585,000

All‑brick mixed‑use building dating back to the early 1900s in downtown Lincoln, IL
Main level has two retail storefronts, including one occupied space and one vacant storefront
Second floor includes three fully leased residential apartments, with potential to add a fourth unit
Additional rear storage space provides extra income potential
Zoned C‑1, supporting uses such as retail, restaurant, office, salon, and residential

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Updated: Sep 28

Triplex with Garages

302 19TH Street #3, Lincoln, IL 62656

$169,900

Three residential units with two-, three-, and split‑level bedroom layouts
Garage included with each unit
Split‑level apartment has a lower‑level bedroom, bath, kitchen and family room, plus two upper‑level bedrooms and a half bath
Corner parcel with one unit facing 19th Street and two on Oglesby
Roof and gutters replaced in 2014; windows replaced in 2021 except four lower west‑side windows

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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Lincoln, 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.

9-Unit Apartment Building

102 ELM Street, Dawson, IL 62520

$399,999

0.86 AC lot

Full occupancy includes two additional lots with tenant-owned mobile homes and shared coin-operated laundry.

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10-Unit Brick Apartment Property

901 State Route 10 W, Clinton, IL 61727

$180,000

Two buildings offer varied residential layouts with separate gas service and centralized electric billing.

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9-Unit Apartment Building

102 ELM Street, Dawson, IL 62520

Contact for pricing

Fully occupied multifamily property with mobile homes and shared coin-operated laundry.

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3-Unit Triplex

423 W Main Street, Clinton, IL 61727

$89,900

Two residences are occupied; the third is unfinished and can be completed for residential use.

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Lincoln, IL Multifamily Properties Market Trends and Statistics

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

Sale prices for multifamily properties in Lincoln, IL start at $169,900, averaging $377,450, and reaching up to $585,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
62656	$377.5K

Neighborhood

Average Price

62656

$377.5K