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    Tallula, IL
    Multifamily

    Tallula, IL Multifamily Properties for Sale

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    Pleasant Plains, IL Petersburg, IL Salisbury, IL Athens, IL Oakford, IL Greenview, IL Cantrall, IL Springfield, IL
    Three-Unit Rental Property with Garage
    Updated: May 12
    Three-Unit Rental Property with Garage

    102 MAIN Street, Tallula, IL 62688

    $94,900
    Three apartments: two 1‑bedroom/1‑bath units and one 2‑bedroom/1‑bath unit
    Two of three apartments are currently rented
    Five total parcels included in the sale
    Separate storage garage on parcel 007
    Two vacant lots included as parcels 008 and 009
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Tallula, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Vaulted-Ceiling Duplex
    Vaulted-Ceiling Duplex

    2704 Johnathan Place, Springfield, IL 62711

    $345,000
    2,611 sqft

    Finished basement, patio, and partially fenced yard expand the property’s practical living and outdoor areas.

    View details
    Four-Unit Building with Rear Decks
    Four-Unit Building with Rear Decks

    2811 MONMOUTH Court, Springfield, IL 62704

    $359,900

    Well-maintained multifamily property with practical layouts, individual utility responsibility, outdoor space, and off-street parking.

    View details
    Updated Brick Duplex
    Updated Brick Duplex

    1133-1135 Interlacken Road, Springfield, IL 62704

    $260,000

    Both residences are leased, with occupants covering electric, gas, and water/sewer costs.

    View details
    Updated Brick Duplex
    Updated Brick Duplex

    1133-1135 Interlacken Road, Springfield, IL 62704

    $260,000

    Two leased residences with refreshed interiors, separate basements, and shared garage parking.

    View details

    Tallula, IL Multifamily Properties Market Trends and Statistics

    Explore 1 multifamily properties for sale in Tallula, IL on our real estate platform.

    Sale prices for multifamily properties in Tallula, IL average $94,900 — 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

    Triplexes 1

    Demographics Overview

    Population 783
    Population Growth (5Y) +30.1%
    Median Household Income $62,188
    College Educated 24.2%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    62688 $94.9K

    Taxes & Financing

    Tax Rate (average for all types) 7.12%
    Tax Rate vs County Average 0.14 pp below county avg
    Average Loan-to-Value 65.0%

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