Phoenix, IL Multifamily Properties for Sale

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Posen, IL Riverdale, IL South Holland, IL Robbins, IL Midlothian, IL Dolton, IL Markham, IL Hazel Crest, IL

35 properties

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Updated: Jun 16

20-Unit Studio Apartment Building

184 W 147th Street, Harvey, IL 60426

$1,100,000

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

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Updated: Jul 1

6-Unit Apartment Building with New Roof

2836 Minnesota Avenue, Blue Island, IL 60406

$699,000

0.17 AC lot

Six‑unit mix includes four 2‑bedroom apartments and two 1‑bedroom apartments
Brick construction with a roof installed in 2023
Each apartment has its own electric panel, thermostat, stove, refrigerator, and window air conditioner
Common laundry room flooring updated in 2024 with coin‑operated washer and dryer
Six separate tenant storage lockers plus a rear storage shed

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Updated Brick Duplex

2333 120th Street, Blue Island, IL 60406

$475,000

0.10 AC lot

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

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Well-Maintained Multifamily Community

2130 122nd St, Blue Island, IL 60406

$24,500,000

169,641 sqft

345-unit apartment complex in Blue Island, Illinois.

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Rehabilitated 6-Unit Apartment Building

15633 Lexington Avenue, Harvey, IL 60426

$499,999

0.20 AC lot

Three-story brick property offers leased apartments plus a finished garden-level space outside the legal unit count.

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Updated Brick Duplex

15711 Dixie Highway, Harvey, IL 60426

$289,000

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

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Brick Two-Unit Duplex

2412 HIGH Street, Blue Island, IL 60406

$175,000

0.09 AC lot

Fully gutted interior awaits renovation and final build-out.

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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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Updated Two-Flat with Garage

12629 Maple Avenue, Blue Island, IL 60406

$425,000

Owner-occupied duplex with flexible living space, separate utilities, finished attic accommodations, and a two-car garage.

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Three-Bedroom Multifamily Property

15620 Loomis Avenue, Harvey, IL 60426

$205,000

Income-producing residential property with basement space, private outdoor area, on-site parking, and public utilities.

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Nine-Unit Multifamily Building

2423 W 123rd St, Blue Island, IL 60406

$775,000

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

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Triplex With Two-Car Garage

1949 BURR OAK Avenue, Blue Island, IL 60406

$204,900

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

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3-Unit Brick Triplex

16609 Emerald Avenue, Harvey, IL 60426

$280,000

Brick multifamily property with a studio and two two-bedroom units.

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6-Unit Multifamily Property

13507 Seeley Ave, Blue Island, IL 60406

$518,000

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

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Four-Unit Property with Garage

15736 Lathrop Avenue, Harvey, IL 60426

$180,000

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

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Six-Unit All-Brick Apartment Building

12934 Page Court, Blue Island, IL 60406

$529,000

Fully occupied multifamily property with long-term tenants, off-street parking, and a shared laundry area.

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All-Brick Duplex with Separate Utilities

Blue Island, IL 60406

$329,900

Two distinct residences occupy a corner lot with individual heating, cooling, water, electrical, and gas systems.

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Corner-Lot Duplex

15144 9th Avenue, Phoenix, IL 60426

$125,000

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

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Renovated 6-Unit Apartment Building

12510 Vincennes Road, Blue Island, IL 60406

$650,000

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

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Duplex With Six-Car Garage

12815 Clinton Street, Blue Island, IL 60406

$250,000

0.14 AC lot

Two-unit property with a vacant lower residence and a month-to-month upper tenancy.

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9-Unit Apartment Building

13043 S Wood St, Blue Island, IL 60406

$747,000

Multifamily property available for sale in Blue Island, Illinois.

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Six-Unit Multifamily Building

12909 Page Street, Blue Island, IL 60406

$609,900

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

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Four-Unit Income Property with Garage

15736 Lathrop Avenue, Harvey, IL 60426

$180,000

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

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4-Unit Brick Quadplex

272 E 148th Street, Harvey, IL 60426

$250,000

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

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Phoenix, IL Multifamily Properties Market Trends and Statistics

Explore 69 multifamily properties for sale in Phoenix, IL, showcased through 35 active listings on our real estate platform. These investment opportunities span a total of 181,641 square feet of properties for sale, with an estimated market value of $36,190,898.

Sale prices for multifamily properties in Phoenix, IL start at $40,000, averaging $1,130,965, 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

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

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