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    Vandalia, IL Multifamily Properties for Sale

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    Vandalia, IL - Investor Special
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    1,664 SF

    Vandalia, IL - Investor Special

    329 W Randolph St, Vandalia, IL 62471

    Triplex in poor condition, ideal for renovation and rental income.

    • Three Separate Units: Offering potential for rental income or redevelopment.
    • Investor/Fixer‑Upper Opportunity: Ideal for those looking to renovate.
    • Two Units with One Bedroom Each.
    • One Unit with Two Bedrooms.
    • Sold As‑Is: Suited for buyers prepared for extensive repairs.
    Updated: Dec 22, 2025
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    Three-Story Building in Downtown Vandalia
    $900,000
    20,700 SF

    Three-Story Building in Downtown Vandalia

    612 W Gallatin St, Vandalia, IL 62471

    20,000+ sq ft building with development potential.

    • Large Building: Over 20,000 sq ft with approximately 6900 sq ft per floor.
    • Prime Downtown Location.
    • Includes an optional second parcel of land for enhanced development potential.
    • Features an elevator providing access from the basement to the 3rd floor.
    • Durable Construction: Poured concrete floors with substantial thickness (19", 15", & 11").
    Updated: Aug 1, 2025
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Vandalia, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Explore Opportunities in Nearby Cities

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

    Partially Renovated Apartment Complex
    $365,400
    0.43 Acres

    Partially Renovated Apartment Complex

    Investment opportunity: partially renovated apartment complex with building materials included.

    223 N Broadway St, Centralia, IL 62801
    View details
    Furnished Duplex in Centralia, IL
    $65,000
    0.13 Acres

    Furnished Duplex in Centralia, IL

    Furnished duplex with rental income potential or single-family conversion.

    404 N Beech St, Centralia, IL 62801
    View details
    Litchfield Duplex with Income Potential
    $135,000
    2,072 SF

    Litchfield Duplex with Income Potential

    Cash-flowing duplex with immediate upside in a thriving rental market.

    836 S Chestnut St, Litchfield, IL 62056
    View details
    8,015 SF Mixed-Use Building
    Contact for pricing
    8,015 SF

    8,015 SF Mixed-Use Building

    Mixed-use building with restaurant, retail, and apartment units.

    117 E Union Ave, Litchfield, IL 62056
    View details

    Vandalia, IL Multifamily Properties Investment Opportunities Market Analysis

    Explore 2 multifamily properties for sale in Vandalia, IL on our real estate platform. These investment opportunities span a total of 22,913 square feet of properties for sale, with an estimated market value of $900,000.

    Sale prices for multifamily properties in Vandalia, IL start at $900,000, averaging $900,000, and reaching up to $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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