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    Tallula, IL
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    Tallula, IL Multifamily Properties for Sale

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    Triplex With Storage Garage and Vacant Lots
    Updated: May 12
    Triplex With Storage Garage and Vacant Lots

    102 MAIN Street, Tallula, IL 62688

    $94,900
    Triplex with three rental apartments at 102 and 104 E Main Street
    Brick construction with forced‑air heat and central air
    Includes a storage garage and two additional vacant lots
    Five total parcels: rentals 005 and 006, storage 007, vacant 008 and 009
    Year built: 1900
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    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.

    Brick-Front Duplex with Oversized Garage
    Brick-Front Duplex with Oversized Garage

    2410 Asheville Drive, Springfield, IL 62711

    $240,000
    1,612 sqft

    Quiet cul-de-sac setting with updated exterior elements and flexible interior space.

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    Four-Unit Multifamily Property
    Four-Unit Multifamily Property

    2811 MONMOUTH Court, Springfield, IL 62704

    $369,900

    Four residential units offer two-bedroom layouts, private outdoor space, laundry hookups, and off-street parking.

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    62-Unit Apartment Complex
    62-Unit Apartment Complex

    800 Chatham Rd, Springfield, IL 62704

    Contact for pricing

    Built in 1970, this 62-unit complex features predominantly two-bedroom apartments and is across from Pasfield Golf Course and Washington Park.

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    Mixed-Use Apartment Building
    Mixed-Use Apartment Building

    201 S MAIN Street, Athens, IL 62613

    Contact for pricing

    Entire building includes space for five upper-level apartments, with main floor and parts of upper level gutted.

    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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