Multifamily

Tolono, IL Multifamily Properties for Sale

Notify Me
List
Map
Savoy, IL Champaign, IL Peoria, IL Urbana, IL Villa Grove, IL Ivesdale, IL East Peoria, IL Tuscola, IL
Four-Unit Multifamily Property
Updated: Sep 22
Four-Unit Multifamily Property

406 N James St, Tolono, IL 61880

$409,900
Four rental units across two separate duplex buildings on one PIN
Each unit includes 2 bedrooms, 1 bathroom, eat‑in kitchen, laundry, patio, and one‑car garage
Additional driveway parking accompanies the one‑car garage assigned to each unit
Roofs replaced in 2016; siding replaced in 2015
New water line installed for both buildings in 2024
View details
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 7 Potential Opportunities for your consideration. Besides 1 Active listings in Tolono, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Multifamily Property with Townhouses
Multifamily Property with Townhouses

705 E Colorado Avenue, Urbana, IL 61801

$2,500,000
0.87 AC lot

The rental community offers varied apartment and townhouse layouts, secured entry, and off-street parking.

View details
Victorian Triplex with Off-Street Parking
Victorian Triplex with Off-Street Parking

408 W Healey Street, Champaign, IL 61820

$220,000
0.20 AC lot

Distinct residential layouts include separate kitchens and baths, basement laundry, and parking accessed from the driveway and alley.

View details
7-Unit Townhouse-Style Apartments
7-Unit Townhouse-Style Apartments

2012 Vawter Street, Urbana, IL 61801

$560,000

Updated, fully occupied apartments with central air, covered parking, and basement storage and laundry areas.

View details
Victorian Triplex with Off-Street Parking
Victorian Triplex with Off-Street Parking

408 W Healey St, Champaign, IL 61820

$220,000

Three leased units offer varied layouts, private kitchens, full baths, and basement laundry access.

View details

Off-Market Properties in Tolono, IL

Consider similar Off-Market properties in Tolono, 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.

503 Bourne St
BOARDING/ROOMING HOUSE

503 Bourne St, Tolono, IL 61880-9796

Estimated value:
$305,000
4,876 sqft 1.03 AC lot
View details
90 Crabtree Dr
MOBILE HOME PARK, TRAILER PARK

90 Crabtree Dr, Tolono, IL 61880

Estimated value:
$300,000
24.46 AC lot
View details

Tolono, IL Multifamily Properties Market Trends and Statistics

Explore 3 multifamily properties for sale in Tolono, IL on our real estate platform.

Sale prices for multifamily properties in Tolono, IL average $409,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

List
Map

Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 1

Demographics Overview

Population 4,558
Population Growth (5Y) +19.0%
Median Household Income $89,139
College Educated 37.9%

Taxes & Financing

Tax Rate (average for all types) 6.41%
Property Tax per SF $7.72 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Champaign County

New Delisted

Need Help?

Reach out if you need assistance with Realmo tools or have questions about your listings