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    Sterling, IL Multifamily Properties for Sale

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    7 properties
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    Corner Lot Duplex With Remodeled Main Level
    Updated: Jul 9
    Corner Lot Duplex With Remodeled Main Level

    1212 12th Avenue, Sterling, IL 61081

    $169,950
    Main‑floor unit has four bedrooms and one bathroom, totally remodeled
    Upper unit offers one bedroom and one bathroom
    Roof replacement in August 2022
    Water heater new in 2025
    Exterior stairs and deck painted in 2023
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    Vacant Triplex with Newer Garage
    Updated: Jul 24
    Vacant Triplex with Newer Garage

    902 W 4th Street, Sterling, IL 61081

    $45,000
    Vacant triplex for multiple years with a three‑unit split
    Two units on the first floor and one unit on the second floor
    Garage built within the last 10 years
    Brick construction with natural gas heating
    Public water and public sewer service
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    Income-Generating Tri-Plex
    Income-Generating Tri-Plex

    109 5th Avenue, Sterling, IL 61081

    $189,900

    Tri-plex with three separate month-to-month units, new flooring, separate utilities, and a large covered front porch.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Multifamily Property with Parking
    Multifamily Property with Parking

    2 E 7th Street, Sterling, IL 61081

    $69,900

    Corner property with a parking lot, natural gas, forced air, and a full unfinished area.

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    Six-Unit Apartment Building
    Six-Unit Apartment Building

    206 W 5th St, Sterling, IL 61081

    Contact for pricing

    Fully rented six-unit complex with all 2-bedroom units and tenant-paid utilities.

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    Retail and Apartment Building
    Retail and Apartment Building

    408 3rd Ave, Sterling, IL 61081

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    Two commercial storefronts with eight apartments above, including two studios and four one-bedrooms.

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    Mixed-Use Retail and Apartment
    Mixed-Use Retail and Apartment

    412 3rd St, Sterling, IL 61081

    Contact for pricing

    Property offers two storefronts with four apartment units above a large attached four-car garage.

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    Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 7 Active listings in Sterling, 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.

    Residential Income Multifamily Property
    Residential Income Multifamily Property

    402 S Ottawa Avenue, Dixon, IL 61021

    $169,000
    0.15 AC lot

    Residential income multifamily property for sale at 402 S Ottawa Avenue in Dixon, Illinois.

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    Mixed-Use Restaurant and Apartments
    Mixed-Use Restaurant and Apartments

    110 W 2nd Street, Rock Falls, IL 61071

    $265,000
    0.06 AC lot

    Brick commercial building with restaurant space and two residential units above.

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    Two-Story Duplex With 3 Beds
    Two-Story Duplex With 3 Beds

    109 E Chamberlin Street, Dixon, IL 61021

    $119,000
    2,800 sqft

    Spacious two-story duplex with two 3-bedroom units, each with kitchen appliances included.

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    Mixed-Use Restaurant with Apartments
    Mixed-Use Restaurant with Apartments

    110 W 2nd Street, Rock Falls, IL 61071

    $265,000

    Restaurant space on the main floor with two upstairs apartments, each with two bedrooms and one bath.

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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.

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

    27 Oyster Bay, Lakemoor, IL 60051

    Contact for pricing
    0.12 AC lot

    Commercial land available in Lakemoor, Illinois.

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    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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    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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    Buildable Residential Lot with Pines
    Buildable Residential Lot with Pines

    Bollig Court lot: 2, Nekoosa, WI 54457

    $35,000
    2.45 AC lot

    A wooded 2.45-acre lot with electric and fiber available at the lot line, suited for a home or cabin.

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    Sterling, IL Multifamily Properties Market Trends and Statistics

    Explore 7 multifamily properties for sale in Sterling, IL, showcased through 7 active listings on our real estate platform.

    Sale prices for multifamily properties in Sterling, IL start at $45,000, averaging $118,687, and reaching up to $189,900 — 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

    Apartment buildings 2
    Triplexes 2
    Duplexes 1
    Quadplexes 1

    Demographics Overview

    Population 21K
    Population Growth (5Y) -1.0%
    Median Household Income $60,854
    College Educated 28.4%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    61081 $135K

    Taxes & Financing

    Tax Rate (average for all types) 8.58%
    Tax Rate vs County Average 0.04 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Whiteside County

    New Delisted

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