Pontoon Beach, IL Multifamily properties for sale

Updated: Jan 27

152-Unit Multifamily Investment Opportunity

101 Whitsell Way, Pontoon Beach, IL 62040

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Proximity to major employers like Amazon and World Wide Technology, plus the Gateway Commerce Center.
Immediate revenue growth potential through loss‑to‑lease capture of approximately $160 per unit and standard fee implementation.
Free and clear of existing debt, offering financing flexibility.
Centrally located minutes from Edwardsville, IL, and a 10‑minute commute to Downtown St. Louis, MO, with easy access to I‑270 and I‑255.
Limited new apartment supply in the area supports long‑term rent growth.

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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Pontoon Beach, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 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.

Updated Four-Unit Apartment Property

1724 Kennedy Dr, Madison, IL 62060

$260,000

2,190 sqft

Four apartment residences with recent interior and building-system improvements suited to an income-producing ownership strategy.

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Mixed-Use Building with Bar and Apartments

1348 Madison Avenue, Madison, IL 62060

$199,000

4,608 sqft 0.29 AC lot

Brick property combines two occupied apartments with a restaurant-ready commercial space and separate gravel parking parcel.

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Four-Unit Quadplex

2013 Grand Ave #A,B,A,B, Granite City, IL 62040

$57,000

3,925 sqft

Four two-bedroom residences provide a consistent unit configuration within this Granite City multifamily property.

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Four-Unit Quadplex

Granite City, IL 62040

$57,000

Each residence includes central air, forced-air heating, and natural gas service.

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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.

Commercial Land with Concrete Pad

17039 Hillside Lane, Jerseyville, IL 62052

$70,000

2.10 AC lot

Unzoned parcel with a concrete pad and new electric and water service.

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Pontoon Beach, IL Multifamily Properties for Sale

101 Whitsell Way, Pontoon Beach, IL 62040