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    Paxton, IL
    Multifamily

    Paxton, IL Multifamily Properties for Sale

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    Rantoul, IL Rankin, IL Gifford, IL Gibson City, IL Thomasboro, IL Fisher, IL Onarga, IL Potomac, IL
    Duplex Investment Property
    Updated: Jun 8
    Duplex Investment Property

    730 S HIGH ST, Paxton, IL 60957

    $450,000
    4,428 sqft
    Three duplex buildings on one parcel with 6 total rental units
    All units include in‑unit laundry plus refrigerators and stoves
    Tenants pay electricity, water, and gas; owner pays trash and lawn maintenance
    One unit recently renovated; two additional units updated within the last 4–5 years
    Approx. 8% cap rate projected based on current rents and operating expenses at a $450,000 purchase price
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    Downtown Mixed-Use Retail Building
    Updated: Apr 13
    Downtown Mixed-Use Retail Building

    114 South Market Street, Paxton, IL 60957

    Contact for pricing
    Mixed‑use downtown building with first‑floor retail meat store and three second‑floor apartments
    First‑floor is currently operating as a retail meat store
    Second floor features three apartments in good condition
    Adaptable layout for a variety of retail or service businesses
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Paxton, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 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.

    Garden-Style Eight-Unit Multifamily
    Garden-Style Eight-Unit Multifamily

    206 S GROVE ST, Urbana, IL 61802

    $949,000
    7,200 sqft

    Updated eight-unit property with in-unit laundry and private patio or balcony access for each two-bedroom home.

    View details
    52-Pad Mobile Home Community
    52-Pad Mobile Home Community

    1 Mahoning Ave, Rantoul, IL 61866

    $2,100,000
    186,436 sqft

    52-pad mobile home community with 49 occupied, municipal water and sewer, and off-street parking for residents.

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    Mixed-Use Building with Retail
    Mixed-Use Building with Retail

    218 West Main Street, Urbana, IL 61801

    $1,095,000
    5,061 sqft

    Historic mixed-use building features two leased ground-floor retail suites and four renovated 2-bed apartments.

    View details
    Well-Maintained Apartment Complex in Rantoul
    Well-Maintained Apartment Complex in Rantoul

    1942 COUNTY ROAD 3000N, Rantoul, IL 61866

    $685,000
    1.45 AC lot

    Sixteen-unit apartment complex with strong rental appeal in Rantoul.

    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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    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.

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    Land For Sale, Lakemoor, IL
    Land For Sale, Lakemoor, IL

    27 Oyster Bay, Lakemoor, IL 60051

    Contact for pricing
    0.12 AC lot

    Commercial land available in Lakemoor, Illinois.

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    Commercial Land Development Parcel
    Commercial Land Development Parcel

    17039 Hillside Lane, Jerseyville, IL 62052

    $70,000
    2.10 AC lot

    Roughly two acres off Route 67 with utilities in place and an existing concrete pad for flexible development uses.

    View details

    Paxton, IL Multifamily Properties Market Trends and Statistics

    Explore 2 multifamily properties for sale in Paxton, IL on our real estate platform. These investment opportunities span a total of 4,428 square feet of properties for sale, with an estimated market value of $450,000.

    Sale prices for multifamily properties in Paxton, IL start at $450,000, averaging $450,000, and reaching up to $450,000 — 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

    Triplexes 1

    Demographics Overview

    Population 5,620
    Population Growth (5Y) +6.3%
    Median Household Income $66,741
    College Educated 28.8%

    Taxes & Financing

    Tax Rate (average for all types) 9.60%
    Property Tax per SF $0.70 per SF
    Average Loan-to-Value 65.0%

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