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    Momence, IL
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    Momence, IL Multifamily Properties for Sale

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    Grant Park, IL Bourbonnais, IL Saint Anne, IL Pembroke Twp, IL Kankakee, IL Manteno, IL Lake Village, IN Schneider, IN
    Renovated Duplex with Yard
    Updated: Sep 4
    Renovated Duplex with Yard

    327 E Indiana Street, Momence, IL 60954

    $269,900
    Two‑unit duplex at 327 E. Indiana Street in Momence, IL 60954
    Upper unit includes 3 bedrooms and an open kitchen, dining, and living layout
    Major updates include a 2025 roof and 2026 siding, soffit, fascia, and gutters
    2023 improvements include windows, HVAC, hot water heater, and drywall
    Separate utility meters for the two units
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    Five-Unit Apartment Building
    Updated: Apr 11
    Five-Unit Apartment Building

    319 1/2 West River Street, Momence, IL 60954

    Contact for pricing
    Five‑unit apartment building with all units currently leased
    Kankakee River views from the property
    Unit #1 is a completely remodeled 3bd, 2 bath residence
    Three units have their own washer/dryer
    New electric service and updated water lines
    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 14 Potential Opportunities for your consideration. Besides 2 Active listings in Momence, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 Off-Market properties to explore as potential leads, plus 2 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.

    Mixed-Use Property with Outdoor Venue
    Mixed-Use Property with Outdoor Venue

    5896 State RT 17 Hwy, Kankakee, IL 60901

    $425,000
    3,500 sqft 0.39 AC lot

    Two apartments accompany an established hospitality layout with kitchen, bar, seating, and entertainment areas.

    View details
    Mixed-Use Building with Apartments
    Mixed-Use Building with Apartments

    127 W Taylor Street, Grant Park, IL 60940

    Contact for pricing

    Combines residential units with office and light warehouse space in one multi-component commercial building.

    View details
    Partially Rehabbed Apartment Complex
    Partially Rehabbed Apartment Complex

    2755 Cooper Dr, Kankakee, IL 60901

    Contact for pricing

    52-unit apartment complex with half of units rehabbed and half currently leased.

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    Mixed-Use Building with Apartments
    Mixed-Use Building with Apartments

    121 West Taylor Street, Grant Park, IL 60940

    Contact for pricing

    Two-level property combines street-level commercial space with upper-floor residential apartments.

    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.

    View details
    Wooded Homesite in Wheatfield, Indiana
    Wooded Homesite in Wheatfield, Indiana

    4418 Oakland Court, Wheatfield, IN 46392

    Contact for pricing
    0.57 AC lot

    Spacious, wooded 0.57-acre lot in established neighborhood.

    View details

    Off-Market Properties in Momence, IL

    Consider similar Off-Market properties in Momence, 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.

    122 Gladiolus St
    APARTMENT HOUSE (5+ UNITS)

    122 Gladiolus St, Momence, IL 60954-1754

    $560,000
    Estimated value
    0.21 AC lot
    View details
    404 Hickory Cir
    APARTMENT HOUSE (5+ UNITS)

    404 Hickory Cir, Momence, IL 60954-1041

    $980,000
    Estimated value
    0.12 AC lot
    View details
    410 Hickory Cir
    APARTMENT HOUSE (5+ UNITS)

    410 Hickory Cir, Momence, IL 60954-1057

    $980,000
    Estimated value
    0.07 AC lot
    View details
    406 Hickory Cir
    APARTMENT HOUSE (5+ UNITS)

    406 Hickory Cir, Momence, IL 60954-1042

    $420,000
    Estimated value
    0.12 AC lot
    View details
    408 Hickory Cir
    APARTMENT HOUSE (5+ UNITS)

    408 Hickory Cir, Momence, IL 60954-1043

    $305,000
    Estimated value
    0.19 AC lot
    View details
    402 Chestnut St, Unit 412
    APARTMENT HOUSE (5+ UNITS)

    402 Chestnut St, Momence, IL 60954-1342

    Unit 412
    $285,000
    Estimated value
    0.41 AC lot
    View details

    Momence, IL Multifamily Properties Market Trends and Statistics

    Explore 8 multifamily properties for sale in Momence, IL on our real estate platform.

    Sale prices for multifamily properties in Momence, IL average $269,900 — 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 1
    Duplexes 1

    Demographics Overview

    Population 5,586
    Population Growth (5Y) -4.5%
    Median Household Income $58,636
    College Educated 18.9%

    Taxes & Financing

    Tax Rate (average for all types) 7.68%
    Tax Rate vs County Average 1.63 pp below county avg
    Average Loan-to-Value 65.0%

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