Millstadt, IL Multifamily properties for sale

Victorian Multifamily Property in Millstadt

$385,000

1,896 SF

Victorian Multifamily Property in Millstadt

23 W Laurel Street, Millstadt, IL 62260

Income-producing Victorian with four apartments near Millstadt's shops and restaurants.

Strong income‑producing property with $2,413 net monthly income, plus potential garage rental income.
Nearly 8.0% cap rate, exceeding typical area rates.
Prime in‑town location, walk to restaurants and shops.
Four separate apartments featuring updated kitchens and bathrooms.
Separate electric meters for each unit.

Updated: Mar 7

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Millstadt Mixed-Use Investment Opportunity

$550,000

16,553 SF

Millstadt Mixed-Use Investment Opportunity

105 S Jefferson Street, Millstadt, IL 62260

Turnkey restaurant and multi-unit income property on a high-visibility corner.

Turnkey, fully equipped restaurant with pizza oven, salad bar, walk‑ins, and dining rooms.
Multi‑unit income property with three additional rental units (commercial space, 2‑bedroom apartment, storage unit).
High‑visibility corner lot in the heart of downtown Millstadt.
Seller open to creative structures, including lease‑to‑own for the restaurant.
New roof (2019) and stable tenants in place.

Updated: Apr 14

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$550,000

16,553 SF

Mixed Use - Millstadt, IL

Turnkey restaurant and multi-unit income property on a high-visibility corner.

105 S Jefferson St, Millstadt, IL 62260

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Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Multi-Use Commercial Building in Columbia

$1,100,000

11,100 SF

Multi-Use Commercial Building in Columbia

Commercial building with four spaces and two residential apartments.

102 N Main Street, Columbia, IL 62236

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$155,000

4,500 SF

Downtown Columbia Mixed-Use Building

Mixed-use building with commercial and residential spaces in downtown Columbia.

106 S Main St, Columbia, IL 62236

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Well-Maintained Duplex in Belleville, IL

$150,000

1,706 SF

Well-Maintained Duplex in Belleville, IL

Duplex with long-term tenant or move-in ready unit.

1316 Raab Avenue, Belleville, IL 62220

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Mixed-Use Building Near Downtown Belleville

$240,000

2,926 SF

Mixed-Use Building Near Downtown Belleville

Two-story mixed-use property with commercial space and updated apartment.

719 Centreville Avenue, Belleville, IL 62220

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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.

Contact for pricing

0.60 Acres

Belleville Land For Sale

0.60 acre vacant lot in Villa Hills.

636 Fern Drive, Belleville, IL 62223

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Contact for pricing

0.63 Acres

Belleville Buildable Residential Lot

0.66 acre lot in Villa Hills, St. Clair County.

632 Fern Drive, Belleville, IL 62223

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Contact for pricing

0.26 Acres

Residential Lot in Park Hills

Corner lot suitable for building or mobile home placement.

226 N Large Street, Park Hills, MO 63601

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$90,000

22,215 SF

Recreational Land Near Lake Perry

Half-acre recreational lot with utilities near Lake Perry amenities.

1003 Port Perry Drive, Perryville, MO 63775

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Millstadt, IL Multifamily Properties Investment Opportunities Market Analysis

Explore 3 multifamily properties for sale in Millstadt, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 44,431 square feet of properties for sale, with an estimated market value of $1,485,000.

Sale prices for multifamily properties in Millstadt, IL start at $385,000, averaging $495,000, and reaching up to $550,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Millstadt, IL Multifamily Properties for Sale

Victorian Multifamily Property in Millstadt

Income-producing Victorian with four apartments near Millstadt's shops and restaurants.