Multifamily

Princeville, IL Multifamily Properties for Sale

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Dunlap, IL Brimfield, IL Wyoming, IL Edelstein, IL Edwards, IL Peoria, IL Chillicothe, IL Elmwood, IL
Duplex and Quadplex Income Property
Updated: May 19
Duplex and Quadplex Income Property

321-333 S Kennedy Avenue, Princeville, IL 61559

$828,000
9,116 sqft
Portfolio includes two duplexes (321–333 S. Kennedy Ave.) and four occupied units (415–419 N. Town Ave.)
All units are 2BD/1BA with approx. 950 SF and feature a family room
Each unit includes an attached garage with electric opener plus additional storage
Private laundry hookups: partial unfinished basements on interior units; crawl spaces with laundry in a temperature‑controlled area on exterior units
Units 415–419 N. Town Ave. are across from the grade school and high school
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Princeville, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 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.

All-Brick Duplex with Private Decks
All-Brick Duplex with Private Decks

820 W TETON Drive, Peoria, IL 61614

$249,900
0.23 AC lot

All-brick duplex featuring two 2-bedroom, 1-bath units with sunroom entry and private decks.

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Four-Unit Residential Income Building
Four-Unit Residential Income Building

201 N Rose St, Elmwood, IL 61529

Contact for pricing

Well-maintained four-unit complex with consistently occupied long-term tenants.

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Four-Unit Apartment Complex
Four-Unit Apartment Complex

503 E Main St, Elmwood, IL 61529

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Four-unit residential income property currently reported as fully occupied with tenants interested in retaining leases.

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Townhouse Duplex Investment Opportunity
Townhouse Duplex Investment Opportunity

705-707 W VERSAILLES Drive, Peoria, IL 61614

$350,000

Well-maintained duplex, ideal for investors seeking consistent revenue.

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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.

University Park Developable Land
University Park Developable Land

976 Mesa Court, University Park, IL 60484

Contact for pricing
3.20 AC lot

3.2 acres with 24 concrete housing pads in University Park.

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Land For Sale, Lakemoor, IL
Land For Sale, Lakemoor, IL

27 Oyster Bay, Lakemoor, IL 60051

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0.12 AC lot

Commercial land available in Lakemoor, Illinois.

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Commercial Land Development Parcel
Commercial Land Development Parcel

17039 Hillside Lane, Jerseyville, IL 62052

$70,000
2.10 AC lot

Roughly two acres off Route 67 with utilities in place and an existing concrete pad for flexible development uses.

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Wooded Homesite in Wheatfield, Indiana
Wooded Homesite in Wheatfield, Indiana

4418 Oakland Court, Wheatfield, IN 46392

Contact for pricing
0.57 AC lot

Spacious, wooded 0.57-acre lot in established neighborhood.

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Princeville, IL Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties for sale in Princeville, IL on our real estate platform. These investment opportunities span a total of 9,116 square feet of properties for sale, with an estimated market value of $828,000.

Sale prices for multifamily properties in Princeville, IL start at $828,000, averaging $828,000, and reaching up to $828,000 — 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
Quadplexes 1

Demographics Overview

Population 3,726
Population Growth (5Y) +14.2%
Median Household Income $82,500
College Educated 39.9%

Taxes & Financing

Tax Rate (average for all types) 8.69%
Property Tax per SF $2.45 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Peoria County

New Delisted

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