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    Phoenix, IL Multifamily Properties for Sale

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    Posen, IL Riverdale, IL South Holland, IL Markham, IL Midlothian, IL Robbins, IL Dolton, IL Hazel Crest, IL
    31 properties
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    20-Unit Studio Apartment Building
    Updated: Jun 16
    20-Unit Studio Apartment Building

    184 W 147th Street, Harvey, IL 60426

    $975,000
    0.33 AC lot
    20‑unit studio apartment building on 0.33 acres
    MULTI zoning supports multifamily use
    Built in 1964 with 20 bathrooms
    Located along 147th Street with approximately 23,000 vehicles per day
    Access to Interstates 57, 80, 94, and 294
    View details
    6-Unit Apartment Building
    Updated: Oct 20
    6-Unit Apartment Building

    2526 Broadway Street, Blue Island, IL 60406

    $399,900
    0.77 AC lot
    Six apartments: five 1‑bedroom, 1‑bathroom units and one 2‑bedroom, 1‑bathroom unit
    Individual furnace and hot‑water heater in each unit
    Tenants pay for heat, electricity, and hot water
    Finished basement and private parking lot
    New windows and cabinets
    View details
    5-Unit Brick Apartment Building
    5-Unit Brick Apartment Building

    273 E 148th Street, Harvey, IL 60426

    $225,000
    5 units  1 building  Built 1959  brick  0.14 acres

    Five apartments offer one- and two-bedroom layouts, each with a separate electric meter and water heater.

    5 spaces  3 x 2BR  2 x 1BR  Storage lockers
    View details
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    Scored against comparables nationwide. These are worth a look.

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    Cap Rate available after sign in
    Est. NOI available after sign in
    Local Demand available after sign in
    6-Unit Apartment Building
    6-Unit Apartment Building

    2836 Minnesota Avenue, Blue Island, IL 60406

    $699,000
    6 units  6,227 sqft  1 building  Built 1972  Multi-tenant
    100% occupied

    A mix of one- and two-bedroom homes includes kitchen appliances, individual thermostats, and shared laundry.

    6 spaces  4 x 2 Bedroom  2 x 1-bedroom  Common laundry room  Storage lockers  Storage shed  Patio
    View details
    Updated Brick Duplex
    Updated Brick Duplex

    2333 120th Street, Blue Island, IL 60406

    $435,000
    2 units  1 building  2-story  Built 1931  brick  0.1 acres
    Highway access

    Two residential units with separate utilities, a finished basement, and a detached garage.

    2 spaces  1 x 4BR  1 x 2BR
    View details
    10-Unit Brick Apartment Building
    10-Unit Brick Apartment Building

    2550 COLLINS Street, Blue Island, IL 60406

    $689,000
    10 units  1 building  Built 1970
    Highway access  Road access  Transit access

    A corner-lot property offers ten one-bedroom apartments and space prepared for washer and dryer installation.

    10 x 1BR/1BA  Washer/dryer hookup
    View details
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    6-Unit Apartment Building with New Roof
    6-Unit Apartment Building with New Roof

    2836 Minnesota Avenue, Blue Island, IL 60406

    $699,000
    6 units  1 building  Built 1972  0.17 acres  Multi-tenant
    100% occupied

    Brick multifamily property with individual thermostats, appliances, storage lockers, and shared coin-operated laundry.

    4 x 2BR  2 x 1BR  Common laundry room  Storage lockers  Patio
    View details
    20-Unit Studio Apartment Building
    20-Unit Studio Apartment Building

    184 W 147th Street, Harvey, IL 60426

    $975,000
    20 units  6,686 sqft  1 building  Built 1964
    $750/mo avg rent  Highway access  Road access  Transit access

    Built in 1964, the property is zoned MULTI and fronts 147th Street.

    20 x studio
    View details
    Updated Brick Duplex
    Updated Brick Duplex

    15711 Dixie Highway, Harvey, IL 60426

    $289,000
    2 units  1 building  Built 1960  brick

    Two-unit residential property with renovated interiors, modern building systems, and public utilities.

    2 x 2BR/1BA
    View details
    Triplex With Two-Car Garage
    Triplex With Two-Car Garage

    1949 BURR OAK Avenue, Blue Island, IL 60406

    $195,000
    3 units  1 building  Built 1904
    Highway access

    Three separate rental units with MULTI zoning and public water and sewer serve the existing residential building.

    2 spaces
    View details
    Blue Island Multifamily Investment Opportunity
    Blue Island Multifamily Investment Opportunity

    13039 S Wood St, Blue Island, IL 60406

    Contact for pricing
    12,000 sqft  Built 1968  0.37 acres

    12-unit multifamily property in Blue Island with parking.

    View details
    Updated Triplex with Separate Meters
    Updated Triplex with Separate Meters

    98 W 154th Street, Harvey, IL 60426

    $265,000
    3 units  Built 2006
    Highway access

    Three residential units have individual utility meters, on-site parking, and access to shared outdoor space.

    Shared outdoor space  On-site parking
    View details
    3-Unit Multifamily Property
    3-Unit Multifamily Property

    16609 Emerald Avenue, Harvey, IL 60426

    $280,000
    3 units  Built 1931
    Highway access  Transit access

    The unit mix pairs a studio with two two-bedroom apartments, offering three distinct residential layouts.

    1 x studio 1BA  2 x 2BR/1BA
    View details
    Renovated 6-Unit Apartment Building
    Renovated 6-Unit Apartment Building

    12510 Vincennes Road, Blue Island, IL 60406

    $600,000
    6 units  1 building
    $1,383/mo avg rent

    Multifamily property with refreshed interiors, private balconies, on-site parking, and a shared laundry facility.

    1 x 3BR/2BA  4 x 2BR/2BA  1 x 1BR/1BA  Private balconies  On-site parking  Laundry facility
    View details
    Corner-Lot Duplex
    Corner-Lot Duplex

    15144 9th Avenue, Phoenix, IL 60426

    $125,000
    2 units  1 building  Built 1908  Multi-tenant
    100% occupied

    Two-unit residential property with an adjoining oversized parcel and established occupancy.

    View details
    Four-Unit Property with Garage
    Four-Unit Property with Garage

    15736 Lathrop Avenue, Harvey, IL 60426

    $180,000
    4 units  Built 1915

    Rented multifamily building with a newer oversized garage, separate utility metering, and an additional side lot.

    2 spaces
    View details
    6-Unit Multifamily Property
    6-Unit Multifamily Property

    13507 Seeley Ave, Blue Island, IL 60406

    $504,000
    6 units
    6.5% cap rate

    Well-maintained apartment property with six residential units in Blue Island, Illinois.

    View details
    Six-Unit Multifamily Building
    Six-Unit Multifamily Building

    12909 Page Street, Blue Island, IL 60406

    $609,900
    6 units  Built 1969
    Highway access  Transit access

    Multifamily property with updated interiors, refreshed site improvements, and access to shopping, transit, and I-57.

    5 x 2BR/1BA  1 x 1BR/1BA
    View details
    4-Unit Multifamily Property with Garage
    4-Unit Multifamily Property with Garage

    12855 Division St, Blue Island, IL 60406

    $300,000
    4 units
    Highway access  Road access  Transit access

    The unit mix combines three four-bedroom residences with a separate one-bedroom residence.

    6 spaces  3 x 4BR/2BA  1 x 1BR/1BA
    View details
    4-Unit Brick Quadplex
    4-Unit Brick Quadplex

    272 E 148th Street, Harvey, IL 60426

    $250,000
    4 units  1 building  2-story  Built 1963  brick

    Two-story multifamily property with a finished basement, separate utilities, and dedicated laundry facilities.

    3 spaces  Coin-operated laundry
    View details
    9-Unit Apartment Building
    9-Unit Apartment Building

    13043 S Wood St, Blue Island, IL 60406

    $720,000
    9 units
    8.1% cap rate

    Multifamily property available for sale in Blue Island, Illinois.

    View details
    Brick Multifamily Property
    Brick Multifamily Property

    225 W 155th Street, Harvey, IL 60426

    $48,000
    Built 1959

    Two-bedroom, two-bathroom residential property with public water and sewer service.

    View details
    Two-Unit Brick Duplex
    Two-Unit Brick Duplex

    2333 120th Street, Blue Island, IL 60406

    $435,000
    2 units  2-story  Built 1931  brick
    Highway access

    Separate utility services serve the two residences, with additional finished space in the basement.

    2 spaces  1 x 4BR  1 x 2BR  Finished basement
    View details
    Remodeled Triplex
    Remodeled Triplex

    98 W 154th Street, Harvey, IL 60426

    $265,000
    Built 2006

    Separate utility meters, varied unit layouts, on-site parking, and shared outdoor space serve the three-unit property.

    View details
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    Phoenix, IL Multifamily Properties Market Trends and Statistics

    Explore 65 multifamily properties for sale in Phoenix, IL, showcased through 31 active listings on our real estate platform. These investment opportunities span a total of 24,913 square feet of properties for sale, with an estimated market value of $10,990,649.

    Sale prices for multifamily properties in Phoenix, IL start at $40,000, averaging $392,523, and reaching up to $975,000 — 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%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    Harvey - 60426 $125K

    Listings Trend

    New vs delisted commercial listings in Cook County

    New Delisted

    How Realmo verifies these figures

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    Most Searched ZIP Codes in Phoenix, IL

    • 60426
    • 60406
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