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Macon County, IL Multifamily Properties for Sale

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65-Unit Multifamily Investment Opportunity
$2,350,000

65-Unit Multifamily Investment Opportunity

1740-1760 S Fairview Ave, Decatur, IL 62521

High-yield multifamily property near Millikin University with value-add potential.

  • Strong income potential with a current cap rate of 7.71% and a GRM of 6.95.
  • Significant value‑add opportunity through increased occupancy from the current 66%.
  • Prime location just 1.5 miles from Millikin University, attracting students and local residents.
  • 65‑unit multifamily property offers substantial scale for investment.
  • Recent renovations provide modern, comfortable living spaces.
Updated: Jan 2
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248 N Park St, Decatur, IL
$675,000
11,884 SF

248 N Park St, Decatur, IL

248 N Park St, Decatur, IL 62523

Mixed-use properties • 11,884 SF

  • Prime Downtown Decatur location overlooking Central Park.
  • Mix‑used property with three commercial spaces and two apartments.
  • Untapped potential for two additional floors of multifamily development.
  • Current stabilized cash‑flow with value‑add upside.
  • Incentives available due to location in the Downtown TIF District.
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Mixed-Use Property with Income Potential
$800,000
14,500 SF

Mixed-Use Property with Income Potential

Value-add investment opportunity in Decatur's downtown commercial corridor.

334 W Main St, Decatur, IL 62522
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Based on your search, we've compiled 22 Potential Opportunities for your consideration. Besides 3 Active listings in Macon County, IL, we suggest exploring several alternatives: similar 19 Off-Market properties to explore as potential leads

Explore Off-Market Properties in Macon County, IL

Consider similar Off-Market properties in Macon County, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1244 Prairie Ave

1244 Prairie Ave

Multifamily properties
Value Estimation by Request
1244 Prairie Ave, Decatur, IL 62521
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641-659 Linda Ct

641-659 Linda Ct

Multifamily properties • 1,225 SF
Value Estimation by Request
641-659 Linda Ct, Mount Zion, IL 62549
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135 Prairie Ave

135 Prairie Ave

Multifamily properties • 0.06 Acres
Value Estimation by Request
135 Prairie Ave, Decatur, IL 62523
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554 Main St

554 Main St

Multifamily properties • 0.34 Acres
Value Estimation by Request
554 Main St, Decatur, IL 62522
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103 Williams Way

103 Williams Way

MOBILE HOME PARK, TRAILER PARK • 3.88 Acres
Value Estimation
$190,000
103 Williams Way, Maroa, IL 61756-9645
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100 Main St

100 Main St

MOBILE HOME PARK, TRAILER PARK • 4.90 Acres
Value Estimation
$790,000
100 Main St, Niantic, IL 62551-4001
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602 Wood St

602 Wood St

MOBILE HOME PARK, TRAILER PARK • 8.69 Acres
Value Estimation
$565,000
602 Wood St, Maroa, IL 61756-9073
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1045 Harrison Ave

1045 Harrison Ave

MOBILE HOME PARK, TRAILER PARK • 4.51 Acres
Value Estimation
$805,000
1045 Harrison Ave, Decatur, IL 62526-3875
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Maroa, IL 61756

Maroa, IL 61756

MOBILE HOME PARK, TRAILER PARK • 3.32 Acres
Value Estimation
$215,000
Maroa, IL 61756
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Macon, IL 62544

Macon, IL 62544

MOBILE HOME PARK, TRAILER PARK • 1.03 Acres
Value Estimation
$255,000
Macon, IL 62544
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Maroa, IL 61756

Maroa, IL 61756

MOBILE HOME PARK, TRAILER PARK • 6,400 SF
Value Estimation by Request
Maroa, IL 61756
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820 Mckinley Ave

820 Mckinley Ave

MOBILE HOME PARK, TRAILER PARK • 3.01 Acres
Value Estimation
$130,000
820 Mckinley Ave, Decatur, IL 62526-3204
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Blue Mound, IL 62513

Blue Mound, IL 62513

MOBILE HOME PARK, TRAILER PARK • 3.81 Acres
Value Estimation by Request
Blue Mound, IL 62513
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1525 Fairview Ave

1525 Fairview Ave

MOBILE HOME PARK, TRAILER PARK • 3.09 Acres
Value Estimation
$795,000
1525 Fairview Ave, Decatur, IL 62521-4030
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Blue Mound, IL 62513

Blue Mound, IL 62513

MOBILE HOME PARK, TRAILER PARK • 2.97 Acres
Value Estimation
$295,000
Blue Mound, IL 62513
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433 Gravel Pit Rd

433 Gravel Pit Rd

MOBILE HOME PARK, TRAILER PARK • 1,768 SF
Value Estimation
$325,000
433 Gravel Pit Rd, Decatur, IL 62522-9006
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Maroa, IL 61756

Maroa, IL 61756

MOBILE HOME PARK, TRAILER PARK • 6,400 SF
Value Estimation by Request
Maroa, IL 61756
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2495 Hl Ave

2495 Hl Ave

MOBILE HOME PARK, TRAILER PARK • 17.25 Acres
Value Estimation
$780,000
2495 Hl Ave, Decatur, IL 62526-1583
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Delta Dr

Delta Dr

MOBILE HOME PARK, TRAILER PARK • 78.13 Acres
Value Estimation by Request
Delta Dr, Decatur, IL 62526
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Macon County, IL Multifamily Properties Investment Opportunities Market Analysis

Explore 22 multifamily properties for sale in Macon County, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 2,735,132 square feet of properties for sale, with an estimated market value of $5,160,000.

Prices for multifamily properties in Macon County, IL start at $160,000, averaging $469,090, and reaching up to $800,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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