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    Phoenix, IL Multifamily Properties for Sale

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    Posen, IL Riverdale, IL Midlothian, IL
    26 listings
    Studio Apartment Building
    $1,100,000
    0.33 Acres
    Studio Apartment Building

    184 W 147th Street, Harvey, IL 60426

    20-unit studio apartment building with low-maintenance landscaping and parking lot repaving planned before closing.
    • 20‑unit studio apartment building built in 1964 in Harvey, IL
    • Located on busy 147th Street with approximately 23,000 vehicles per day
    • Owned and maintained by the same ownership since 2012
    • Current rents average approximately $750 per month with potential for future growth
    • Parking lot repaving to be completed prior to closing or a credit provided to the purchaser
    Updated: Jun 16
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    Three-Unit Multifamily Property
    $350,000
    Three-Unit Multifamily Property

    1917 High Street, Blue Island, IL 60406

    Well-maintained three-unit building with updated kitchen cabinets and a roof replacement about eight years ago.
    • Brick multi‑unit building built in 1967
    • Three apartments with the 2nd and 3rd‑floor units offering 3 bedrooms and 2 full bathrooms
    • Each of the 2nd and 3rd‑floor units includes separate dining rooms and large kitchens
    • New kitchen cabinets in all units
    • Roof replaced approximately 8 years ago; sold as‑is with seller unable to make additional repairs
    Updated: Jun 22
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    Four-Unit Income Property with Garage
    $180,000
    Four-Unit Income Property with Garage

    Rented quadplex with side lot, oversized two-car garage, and five electrical meters for flexible utility billing.

    15736 Lathrop Avenue, Harvey, IL 60426

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    Blue Island Multifamily Investment Opportunity
    $529,000
    Blue Island Multifamily Investment Opportunity

    Six-unit building with value-add potential in Blue Island, Illinois.

    12934 Page Court, Blue Island, IL 60406

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    Blue Island Multifamily Investment Property
    $609,900
    Blue Island Multifamily Investment Property

    Six-unit multifamily property with recent upgrades near transportation and shopping.

    12909 Page Street, Blue Island, IL 60406

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    Blue Island Multifamily Investment
    $209,900
    Blue Island Multifamily Investment

    Multifamily property with income potential near I-57 and I-294.

    1949 BURR OAK Avenue, Blue Island, IL 60406

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    Blue Island Multifamily Investment Opportunity
    $200,000
    0.09 Acres
    Blue Island Multifamily Investment Opportunity

    Two-unit property in Blue Island, ready for renovation.

    2412 HIGH Street, Blue Island, IL 60406

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    Spacious Harvey Two-Unit Property
    $109,900
    0.07 Acres
    Spacious Harvey Two-Unit Property

    Two-unit property with hardwood floors and separate utilities.

    15616 Loomis Avenue, Harvey, IL 60426

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    Harvey Multifamily Investment Opportunity
    $499,999
    Harvey Multifamily Investment Opportunity

    Six-unit brick building with income and value-add potential.

    15633 Lexington Avenue, Harvey, IL 60426

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    Studio Apartment Building with Parking
    $1,100,000
    6,686 SF
    Studio Apartment Building with Parking

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

    184 W 147TH ST, Harvey, IL 60426

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    Well-Maintained Multi-Family Investment Opportunity
    $250,000
    1,000 SF
    Well-Maintained Multi-Family Investment Opportunity

    Two-unit building with updates, flexible occupancy, and income potential.

    12815 Clinton Street, Blue Island, IL 60406

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    Blue Island Multifamily Investment Opportunity
    $1,100,000
    12,000 SF
    Blue Island Multifamily Investment Opportunity

    12-unit multifamily property in Blue Island with parking.

    13039 S Wood St, Blue Island, IL 60406

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    Blue Island Multifamily Investment Property
    $545,000
    Blue Island Multifamily Investment Property

    Six-unit multifamily property in a good rental area.

    12456 Fairview Avenue, Blue Island, IL 60406

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    Blue Island Multifamily Investment
    $545,000
    Blue Island Multifamily Investment

    Six-unit multifamily property in a good rental area.

    12452 Fairview Avenue, Blue Island, IL 60406

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    Harvey Multi-Unit Investment Opportunity
    Contact for pricing
    Harvey Multi-Unit Investment Opportunity

    Two-unit property with basement and attic on oversized corner lot.

    122 W 150th Street, Harvey, IL 60426

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    Mixed-Use Property in Downtown Harvey
    $350,000
    12,000 SF
    Mixed-Use Property in Downtown Harvey

    Mixed-use property with retail and multi-family units in Harvey, Illinois.

    Dixmoor, IL 60426

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    Two-Unit Building in Harvey, IL
    $64,900
    2,100 SF
    Two-Unit Building in Harvey, IL

    Two-unit building with over 2100 sq ft of living space.

    15342 Loomis Avenue, Harvey, IL 60426

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    COMMERCIAL - Blue Island, IL
    $375,000
    0.15 Acres
    COMMERCIAL - Blue Island, IL

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

    13341 Olde Western Ave, Blue Island, IL 60406

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    Turnkey Multifamily Investment Opportunity
    $539,900
    6,145 SF
    Turnkey Multifamily Investment Opportunity

    Six-unit property in Blue Island with immediate rental upside.

    12926 Page Ct, Blue Island, IL 60406

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    Blue Island 6-Flat Apartment Building
    $460,000
    Blue Island 6-Flat Apartment Building

    Blue Island 6-unit building with value-add potential.

    2052 135th Place, Blue Island, IL 60406

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    Two-Unit Residential Income Property
    $32,000
    Two-Unit Residential Income Property

    Two-unit residential income property sold as-is, requiring full rehab and subject to municipal or code compliance requirements.

    630 Belle Court, Phoenix, IL 60426

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    Four-Unit Income Property with Garage
    $180,000
    Four-Unit Income Property with Garage

    Four rented units in Harvey with a side lot and a large two-car garage featuring eight-foot doors.

    15736 Lathrop Avenue, Harvey, IL 60426

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    Six-Unit Multifamily in Blue Island
    $545,000
    Six-Unit Multifamily in Blue Island

    Fully rented six-unit multifamily property in a good rental area.

    12456 Fairview Avenue, Blue Island, IL 60406

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    Well-Maintained Multifamily Community
    $24,500,000
    169,641 SF
    Well-Maintained Multifamily Community

    345-unit apartment complex in Blue Island, Illinois.

    2130 122nd St, Blue Island, IL 60406

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    Phoenix, IL Multifamily Properties Market Trends and Statistics

    Explore 60 multifamily properties for sale in Phoenix, IL, showcased through 26 active listings on our real estate platform. These investment opportunities span a total of 218,172 square feet of properties for sale, with an estimated market value of $28,354,800.

    Sale prices for multifamily properties in Phoenix, IL start at $64,900, averaging $3,544,350, and reaching up to $24,500,000 — 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 $37K

    Listings Trend

    New vs delisted commercial listings in Cook County

    New Delisted

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