Multifamily

Manteno, IL Multifamily Properties for Sale

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Bourbonnais, IL Manhattan, IL Bradley, IL Kankakee, IL Peotone, IL Wilmington, IL Custer Park, IL Monee, IL
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Mixed-Use Retail & Apartment Building
Updated: Mar 27
Mixed-Use Retail & Apartment Building

49-63 N Main St, Manteno, IL 60950

$1,250,000
12,983 sqft 0.29 AC lot
High income potential with FMV of rent near $11,000/month.
Mixed‑use property with both retail and residential income streams.
Prime downtown location** in Manteno's central commercial area.
Zoned C‑1 Downtown Commercial District offering strong visibility and access.
Includes 4 apartment units (3 with long‑term tenants) and 3 commercial spaces.
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15-Unit Apartment Building
Updated: Sep 10
15-Unit Apartment Building

352 N Birch St, Manteno, IL 60950

$1,700,000
15‑unit apartment building with thirteen two‑bedroom units and two one‑bedroom units
Third‑floor owner’s residence with private laundry, furnace, central air conditioning, and fireplace
Most apartments feature balconies
On‑site laundry provides an additional income stream
Parking included; stores and restaurants are within walking distance
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12-Unit Apartment Building
12-Unit Apartment Building

350 N Birch St, Manteno, IL 60950

$1,500,000

Each residence offers two bedrooms and one bathroom, with stores and restaurants within walking distance.

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Updated Four-Unit Apartment Building
Updated Four-Unit Apartment Building

374 Lynn Drive, Manteno, IL 60950

$470,000

Brick-and-vinyl multifamily property with refreshed interiors, rear parking, and full occupancy.

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Manteno Mobile Home Community
Manteno Mobile Home Community

10557 N State Rte 50, Manteno, IL 60950

Contact for pricing
138,520 sqft 3.18 AC lot

31-site mobile home community with additional income potential.

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Character-Filled Duplex with Detached Garage
Character-Filled Duplex with Detached Garage

154 E Third St, Manteno, IL 60950

$115,000

Two-level income property with separate electric meters, a large deck, and a covered front porch.

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3-Bedroom 55+ Corner Lot Mobile Home
3-Bedroom 55+ Corner Lot Mobile Home

1151 Ash Ct, Manteno, IL 60950

$72,500

Well-maintained 3-bedroom, 2-bath mobile home on a corner lot in an Oak Ridge 55+ community with 2023 roof updates.

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Based on your search, we've compiled 48 Potential Opportunities for your consideration. Besides 7 Active listings in Manteno, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 36 Off-Market properties to explore as potential leads, 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.

Duplex Property With Private Yards
Duplex Property With Private Yards

1115 N Schuyler Ave, Kankakee, IL 60901

$349,900

Two separately configured residences provide distinct outdoor areas, parking, and household amenities.

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Duplex with Two Detached Garages
Duplex with Two Detached Garages

197 N Cleveland Avenue, Bradley, IL 60915

$229,900

Two separate residences with detached garages and basements, offering a turnkey setup with existing renters.

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Remodeled Two-Unit Duplex
Remodeled Two-Unit Duplex

1338 E Chestnut St, Kankakee, IL 60901

$160,000

Updated interiors and building systems create two contemporary rental units with flexible owner-occupant potential.

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16-Unit Apartment Building Package
16-Unit Apartment Building Package

501-504 N Washington Avenue, Bradley, IL 60915

Contact for pricing

Two-story apartment buildings feature private entrances and laundry facilities within each residence.

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.

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.

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Off-Market Properties in Manteno, IL

Consider similar Off-Market properties in Manteno, 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.

377 Adams St
APARTMENT HOUSE (5+ UNITS)

377 Adams St, Manteno, IL 60950-1448

Estimated value:
$1,300,000
View details
1460 Raven Dr
APARTMENT HOUSE (5+ UNITS)

1460 Raven Dr, Manteno, IL 60950-9481

Estimated value:
$325,000
0.34 AC lot
View details
196 2nd St
APARTMENT HOUSE (5+ UNITS)

196 2nd St, Manteno, IL 60950-1156

Estimated value:
$525,000
0.19 AC lot
View details
110 1st St
APARTMENT HOUSE (5+ UNITS)

110 1st St, Manteno, IL 60950-1094

Estimated value:
$290,000
0.47 AC lot
View details
175 Mcguire Dr
APARTMENT HOUSE (5+ UNITS)

175 Mcguire Dr, Manteno, IL 60950-3512

Estimated value:
$945,000
1.25 AC lot
View details
1440 Raven Dr
APARTMENT HOUSE (5+ UNITS)

1440 Raven Dr, Manteno, IL 60950-9492

Estimated value:
$750,000
0.34 AC lot
View details
3 Todd Ct
APARTMENT HOUSE (5+ UNITS)

3 Todd Ct, Manteno, IL 60950-1649

Estimated value:
$270,000
0.14 AC lot
View details
176 2nd St
APARTMENT HOUSE (5+ UNITS)

176 2nd St, Manteno, IL 60950-1360

Estimated value:
$290,000
0.69 AC lot
View details
167-183 2nd St
APARTMENT HOUSE (5+ UNITS)

167-183 2nd St, Manteno, IL 60950

Estimated value:
$250,000
0.22 AC lot
View details
405 Lamore Ln
APARTMENT HOUSE (5+ UNITS)

405 Lamore Ln, Manteno, IL 60950-3516

Estimated value:
$295,000
0.59 AC lot
View details
179 3rd St
APARTMENT HOUSE (5+ UNITS)

179 3rd St, Manteno, IL 60950-1362

Estimated value:
$275,000
0.29 AC lot
View details
111 1st St
APARTMENT HOUSE (5+ UNITS)

111 1st St, Manteno, IL 60950-1093

Estimated value:
$295,000
0.41 AC lot
View details
304 Jay Ray Ct
APARTMENT HOUSE (5+ UNITS)

304 Jay Ray Ct, Manteno, IL 60950-1800

Estimated value:
$295,000
0.62 AC lot
View details
302 Jay Ray Ct
APARTMENT HOUSE (5+ UNITS)

302 Jay Ray Ct, Manteno, IL 60950-1199

Estimated value:
$295,000
0.68 AC lot
View details
300 Jay Ray Ct
APARTMENT HOUSE (5+ UNITS)

300 Jay Ray Ct, Manteno, IL 60950-1196

Estimated value:
$1,510,000
View details
316 Walnut St
APARTMENT HOUSE (5+ UNITS)

316 Walnut St, Manteno, IL 60950-1600

Estimated value:
$300,000
0.37 AC lot
View details

Manteno, IL Multifamily Properties Market Trends and Statistics

Explore 43 multifamily properties for sale in Manteno, IL, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 151,503 square feet of properties for sale, with an estimated market value of $5,107,500.

Sale prices for multifamily properties in Manteno, IL start at $72,500, averaging $851,250, and reaching up to $1,700,000 — 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

Apartment buildings 3
Mobile home & RV parks 3
Duplexes 1
Quadplexes 1

Demographics Overview

Population 12K
Population Growth (5Y) +0.8%
Median Household Income $87,848
College Educated 28.4%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
60950 $851.3K

Taxes & Financing

Tax Rate (average for all types) 9.27%
Tax Rate vs County Average 0.03 pp below county avg
Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Manteno fall within the 25,000 to 50,000 square foot range.

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