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    Phoenix, IL Multifamily Properties for Sale

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    Posen, IL Chicago, IL South Holland, IL Robbins, IL Dolton, IL Markham, IL Midlothian, IL Hazel Crest, IL
    37 properties
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    Studio Apartment Building
    Updated: Jun 16
    Studio Apartment Building

    184 W 147th Street, Harvey, IL 60426

    $1,100,000
    0.33 AC lot
    20‑unit studio apartment building
    Zoned MULTI
    Parking lot repaving scheduled prior to closing
    Built in 1964
    0.33‑acre site
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    Six-Unit Brick Apartment Building
    Updated: Jul 1
    Six-Unit Brick Apartment Building

    2836 Minnesota Avenue, Blue Island, IL 60406

    $699,000
    0.17 AC lot
    Six‑unit brick apartment building built in 1972 with hot water heat
    Common laundry room updated in 2024 with new floors
    Hot water heater installed in 2021; roof installed in 2023
    Each unit has its own electric panel with circuit breakers and thermostat
    Kitchen appliances provided (stove and refrigerator) plus window A/C
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    Six-Unit Apartment Building
    Six-Unit Apartment Building

    2526 Broadway Street, Blue Island, IL 60406

    $459,900
    0.77 AC lot

    Six-unit apartment building with tenant-paid utilities, finished basement, private parking, and updated windows and cabinets.

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    Six-Unit Multifamily Property
    Six-Unit Multifamily Property

    2836 Minnesota Avenue, Blue Island, IL 60406

    $699,000
    7,493 sqft

    Well-maintained six-unit building with updated laundry room, 6-car rear parking, and individual electric panels for each unit.

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    Gutted Two-Unit Duplex Ready for Renovation
    Gutted Two-Unit Duplex Ready for Renovation

    2412 HIGH Street, Blue Island, IL 60406

    $200,000
    0.09 AC lot

    Brick two-unit duplex with steam heat, asphalt roof, and public water and sewer, sold as-is.

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    Six-Unit Brick Apartment Building
    Six-Unit Brick Apartment Building

    15633 Lexington Avenue, Harvey, IL 60426

    $499,999
    0.20 AC lot

    Brick six-unit property with three-story layouts, all fully rehabbed apartments, and tenants paying electric and heat.

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    Brick Quadplex With Finished Basement
    Brick Quadplex With Finished Basement

    272 E 148th Street, Harvey, IL 60426

    $250,000

    Two-story four-unit property with separate utilities, individual heating systems, rear parking, and shared laundry facilities.

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    Multifamily Building with Private Parking
    Multifamily Building with Private Parking

    2526 Broadway Street, Blue Island, IL 60406

    $459,900
    8,900 sqft

    Contains six units: five 1-bedroom and one 2-bedroom, all with tenant-paid heating and hot water systems.

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    Brick Two-Flat with Central A/C
    Brick Two-Flat with Central A/C

    15711 Dixie Highway, Harvey, IL 60426

    $299,000

    Updated brick duplex with two bedrooms and one full bath per unit, plus central A/C and extensive system replacements.

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    Four-Unit Quadplex with Oversized Garage
    Four-Unit Quadplex with Oversized Garage

    15736 Lathrop Avenue, Harvey, IL 60426

    $180,000

    Four-unit income quadplex with a side lot, oversized two-car garage, and natural gas heating.

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    Studio Apartment Building with Parking
    Studio Apartment Building with Parking

    184 W 147TH ST, Harvey, IL 60426

    Contact for pricing
    6,686 sqft

    20-unit studio apartment building near major interstates, with a recently repaved asphalt parking lot.

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    Two-Story Duplex with Private Deck
    Two-Story Duplex with Private Deck

    13341 Olde Western Avenue, Blue Island, IL 60406

    $375,000
    0.15 AC lot

    Two-story brick duplex with a leased first-floor hair salon and spa, plus a rented second-floor 2-bedroom apartment.

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    Two-Unit Corner Duplex
    Two-Unit Corner Duplex

    15144 9th Avenue, Phoenix, IL 60426

    $125,000

    Occupied two-unit property with an adjoining oversized parcel and existing residential income profile.

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    Blue Island Multifamily Investment Opportunity
    Blue Island Multifamily Investment Opportunity

    13039 S Wood St, Blue Island, IL 60406

    Contact for pricing
    12,000 sqft 0.37 AC lot

    12-unit multifamily property in Blue Island with parking.

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    Brick Triplex With Updated Systems
    Brick Triplex With Updated Systems

    16609 Emerald Avenue, Harvey, IL 60426

    $280,000

    Three self-contained units combine varied layouts with recent major-system improvements and garage parking.

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    All-Brick 6-Unit Apartment Building
    All-Brick 6-Unit Apartment Building

    12934 Page Court, Blue Island, IL 60406

    $529,000

    All-brick six-unit building built in 1978 with off-street parking and common laundry.

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    Nine-Unit Multifamily Building
    Nine-Unit Multifamily Building

    2423 W 123rd St, Blue Island, IL 60406

    $795,000

    Well-maintained nine-unit multifamily property built with flexicore construction.

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    Two-Unit Duplex with Detached Garage
    Two-Unit Duplex with Detached Garage

    12815 Clinton Street, Blue Island, IL 60406

    $250,000
    0.14 AC lot

    Two-unit duplex on a fully fenced 0.14-acre lot with a detached 6-car garage and public utilities.

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    Three-Unit Residential Income Building
    Three-Unit Residential Income Building

    2119 S Grove Street, Blue Island, IL 60406

    $379,900

    Well-maintained three-unit building with updated kitchens and bathrooms, hardwood floors, and central HVAC.

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    Triplex with Two-Car Garage
    Triplex with Two-Car Garage

    1949 BURR OAK Avenue, Blue Island, IL 60406

    $209,900

    Three-unit building with newer boilers and water heaters on units 1 and 3, plus forced-air heating in unit 2.

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    Quadplex Residential Income
    Quadplex Residential Income

    175 West 154th Street, Harvey, IL 60426

    $250,000

    For sale quadplex at 175 West 154th Street in Harvey, IL.

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    Six-Unit Multifamily Building
    Six-Unit Multifamily Building

    12909 Page Street, Blue Island, IL 60406

    $609,900

    Six-unit multifamily building with updated kitchens and baths, resurfaced parking lot, and camera security system.

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    COMMERCIAL - Blue Island, IL
    COMMERCIAL - Blue Island, IL

    13341 Olde Western Ave, Blue Island, IL 60406

    $375,000
    0.15 AC lot

    Two-story building with retail, apartment, lot, and income.

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    Three-Unit Triplex with Central HVAC
    Three-Unit Triplex with Central HVAC

    2119 S Grove Street, Blue Island, IL 60406

    $379,900

    Brick triplex built in 1964 featuring updated kitchens and bathrooms, hardwood floors, and central HVAC in all units.

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    Phoenix, IL Multifamily Properties Market Trends and Statistics

    Explore 71 multifamily properties for sale in Phoenix, IL, showcased through 37 active listings on our real estate platform. These investment opportunities span a total of 43,679 square feet of properties for sale, with an estimated market value of $11,968,099.

    Sale prices for multifamily properties in Phoenix, IL start at $48,000, averaging $398,936, and reaching up to $1,100,000 — 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

    Duplexes 1

    Demographics Overview

    Population 23K
    Population Growth (5Y) -20.3%
    Median Household Income $40,995
    College Educated 12.7%

    Listings Trend

    New vs delisted commercial listings in Cook County

    New Delisted

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