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    Tazewell County, IL Multifamily Properties for Sale

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    13 properties
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    Mixed-Use Building with Rooftop Bar
    Updated: Nov 25, 2025
    Mixed-Use Building with Rooftop Bar

    140 Washington Square, Washington, IL 61571

    $4,900,000
    0.11 AC lot
    Eight‑year lease with Tangled Roots beginning April 20, 2025
    Five‑year renewal option included in the lease
    First‑floor restaurant, second‑floor brew pub, and rooftop bar
    Four residential units configured for short‑term rentals
    Brick building constructed in 1917
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    Two-Story Mixed-Use Building
    Updated: Dec 7, 2025
    Two-Story Mixed-Use Building

    120 Walnut Street, Washington, IL 61571

    $209,900
    0.12 AC lot
    Two‑story building with basement on 0.1171 acres
    Interior demolished to the studs
    Framing completed for two proposed second‑floor studio apartments
    Partial new roof with structural steel and timber added to the main roof area
    Sprinkler head brought into the building for service tie‑in
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    8-Unit Apartment Building
    8-Unit Apartment Building

    740 E SHORE Drive, Pekin, IL 61554

    $674,900
    0.64 AC lot

    Well-maintained 8-unit property with in-apartment laundry and central air, on a 0.639-acre site near Lake Arlann.

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    Furnished Triplex Airbnb Rental
    Furnished Triplex Airbnb Rental

    1104 S 10TH Street, Pekin, IL 61554

    $249,000

    Remodeled, fully furnished three-unit triplex currently operating as an Airbnb, with shared laundry for two units.

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    Triplex Rental Homes with Basements
    Triplex Rental Homes with Basements

    126 MOSCHEL Street, East Peoria, IL 61611

    $199,900
    0.47 AC lot

    Three well-maintained rental units feature basements, central air, and public utilities on a single lot in East Peoria.

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    Newly Remodeled Mixed-Use Building
    Newly Remodeled Mixed-Use Building

    19478 SPRINGFIELD Road, Groveland, IL 61535

    $565,000
    0.44 AC lot

    Fully occupied mixed-use property with two apartments and three commercial units, supported by long-term tenants and leases.

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    Quadplex with Attached 4-Car Garage
    Quadplex with Attached 4-Car Garage

    540 N MAIN Street, Morton, IL 61550

    $364,900
    0.26 AC lot

    Quadplex zoned R3 with a 4-car garage, central air, and multiple finished living levels including a studio unit.

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    Two-Story Mixed-Use Building
    Two-Story Mixed-Use Building

    120 Walnut Street, Washington, IL 61571

    $209,900

    Interior demolition and partial rebuilding create a substantial repositioning project with a basement and two framed studio layouts.

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    Four-Unit Quadplex with Commercial Space
    Four-Unit Quadplex with Commercial Space

    220 & 222 MEADOW Avenue, East Peoria, IL 61611

    $280,000

    Four residential apartment units with additional commercial space in a B2-zoned East Peoria mixed-use property.

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    5-Unit Mixed-Use Apartment Building
    5-Unit Mixed-Use Apartment Building

    19478 SPRINGFIELD Road, Groveland, IL 61535

    $565,000

    Mixed-use building with two residential apartments and three commercial units, fully occupied and newly remodeled.

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    All-Brick Tri-Plex with Parking
    All-Brick Tri-Plex with Parking

    1315 Springfield, East Peoria, IL 61611

    Contact for pricing

    All-brick tri-plex offers three two-bedroom units with shared interior laundry and dedicated storage.

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    Fully Remodeled 4-Plex Multi-Family
    Fully Remodeled 4-Plex Multi-Family

    601 DEVONSHIRE Road, Washington, IL 61571

    $449,900

    Four fully occupied 2 bed/1 bath units with central air, on-site laundry, and a four-stall covered carport plus on-street parking.

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    7-Unit Mixed-Use Office Property
    7-Unit Mixed-Use Office Property

    331 S 4TH Street, Pekin, IL 61554

    $230,000

    Vacant 7-unit mixed-use building includes a large commercial office space and four upper-level residential units.

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    Based on your search, we've compiled 72 Potential Opportunities for your consideration. Besides 13 Active listings in Tazewell County, IL, we suggest exploring several alternatives: similar 59 Off-Market properties to explore as potential leads

    Off-Market Properties in Tazewell County, IL

    Consider similar Off-Market properties in Tazewell County, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1402 Sommerset St
    APARTMENT HOUSE (UNDER 5 UNITS)

    1402 Sommerset St, Pekin, IL 61554-2024

    $170,000
    Estimated value
    660 sqft 0.34 AC lot
    View details
    633 11th St
    APARTMENT HOUSE (UNDER 5 UNITS)

    633 11th St, Pekin, IL 61554-7502

    $305,000
    Estimated value
    2,496 sqft 0.25 AC lot
    View details
    2418 Lakeshore Dr, Unit A
    APARTMENT HOUSE (UNDER 5 UNITS)

    2418 Lakeshore Dr, Pekin, IL 61554-6627

    Unit A
    $400,000
    Estimated value
    3,504 sqft 0.37 AC lot
    View details
    Florentine Ct
    APARTMENT HOUSE (UNDER 5 UNITS)

    Florentine Ct, Pekin, IL 61554

    $1,200,000
    Estimated value
    1,816 sqft 1.61 AC lot
    View details
    212 Harris Rd, Unit 1
    APARTMENT HOUSE (UNDER 5 UNITS)

    212 Harris Rd, East Peoria, IL 61611-4888

    Unit 1
    $370,000
    Estimated value
    3,749 sqft 0.40 AC lot
    View details
    501 Spg St, Unit 1
    APARTMENT HOUSE (UNDER 5 UNITS)

    501 Spg St, Washington, IL 61571-2461

    Unit 1
    $350,000
    Estimated value
    1,742 sqft 0.30 AC lot
    View details
    2414 Lakeshore Dr, Unit 1-8
    APARTMENT HOUSE (UNDER 5 UNITS)

    2414 Lakeshore Dr, Pekin, IL 61554-1564

    Unit 1-8
    $370,000
    Estimated value
    3,750 sqft 0.37 AC lot
    View details
    502 Main St, Unit I
    APARTMENT HOUSE (UNDER 5 UNITS)

    502 Main St, Washington, IL 61571-1571

    Unit I
    $345,000
    Estimated value
    4,867 sqft 2.08 AC lot
    View details
    1910 Canterbury Dr, Unit A
    APARTMENT HOUSE (UNDER 5 UNITS)

    1910 Canterbury Dr, Washington, IL 61571-2137

    Unit A
    $270,000
    Estimated value
    4,257 sqft 0.84 AC lot
    View details
    301 Mdw Ave
    APARTMENT HOUSE (UNDER 5 UNITS)

    301 Mdw Ave, East Peoria, IL 61611-2809

    $425,000
    Estimated value
    484 sqft 1.42 AC lot
    View details
    1300 Eagle Ave, Unit 1
    APARTMENT HOUSE (UNDER 5 UNITS)

    1300 Eagle Ave, Washington, IL 61571-1152

    Unit 1
    $215,000
    Estimated value
    2,200 sqft 0.38 AC lot
    View details

    Tazewell County, IL Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Tazewell County, IL, showcased through 13 active listings on our real estate platform.

    Sale prices for multifamily properties in Tazewell County, IL start at $199,900, averaging $741,533, and reaching up to $4,900,000 — 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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