Multifamily

Manhattan, IL Multifamily Properties for Sale

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Joliet, IL Elwood, IL New Lenox, IL Monee, IL Frankfort, IL Mokena, IL Wilmington, IL Peotone, IL
Brick Four-Unit Multifamily Property
Updated: May 13
Brick Four-Unit Multifamily Property

265 E Prairie Street, Manhattan, IL 60442

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Fully occupied 4‑unit brick building built in 1969
Unit mix: three 2BD/1BA units and one 1BD/1BA unit
Most interior updates completed within the last 3 years
All‑electric utilities with electric heat and separate electric hot water heaters for simplified management
Roof and windows updated within the last 11 years; renovated common laundry area
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Brick 4-Unit Multifamily Investment
Updated: May 13
Brick 4-Unit Multifamily Investment

275 E Prairie Street, Manhattan, IL 60442

Contact for pricing
1969‑built, solid brick 4‑unit multifamily building with fully occupied status
Unit mix: three 2‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath unit
Most interiors updated within the last 3 years
All‑electric setup with electric heat and separate electric hot water heaters
Updated windows within the last 11 years and renovated common laundry area
View details
Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 2 Active listings in Manhattan, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 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.

Updated Two-Unit Duplex
Updated Two-Unit Duplex

1307 E Cass Street, Joliet, IL 60432

$338,999
0.10 AC lot

Two apartments include refreshed kitchens, bathrooms, flooring, and exterior improvements, with a den or office on the first floor.

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5-Unit Apartment Building with Garage
5-Unit Apartment Building with Garage

1709 S State Street, Lockport, IL 60441

$575,000

Residential income property with varied unit layouts, basement storage, a two-car garage, and a rear concrete pad.

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Five-Unit Residential Property For Sale
Five-Unit Residential Property For Sale

1709 South State Street, Lockport, IL 60441

$599,000

Five-unit residential property near train, downtown, and highways.

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Two to Four Units / 2 Flat
Two to Four Units / 2 Flat

132 Akin Avenue, Joliet, IL 60433

$295,900

Duplexes

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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.

University Park Developable Land
University Park Developable Land

976 Mesa Court, University Park, IL 60484

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3.20 AC lot

3.2 acres with 24 concrete housing pads in University Park.

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Manhattan, IL Multifamily Properties Market Trends and Statistics

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

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Quadplexes 2

Demographics Overview

Population 13K
Population Growth (5Y) +27.9%
Median Household Income $128,307
College Educated 39.7%

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Will County

New Delisted

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