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    Vernon, IL Multifamily Properties for Sale

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    Mt Vernon Multifamily Investment Opportunity
    $60,000
    0.20 Acres

    Mt Vernon Multifamily Investment Opportunity

    613 S 16 St Mt, Vernon, IL 62864

    Four-unit multifamily property in Mt Vernon, Illinois, with investment potential.

    • Four‑unit multifamily property.
    • Mix of two‑bedroom and one‑bedroom apartments.
    • Brick construction.
    • Public water and sewer.
    • Investment opportunity with potential for increased value with minor improvements.
    Updated: Jan 28
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    Mt Vernon Multifamily Investment Opportunity
    $155,900

    Mt Vernon Multifamily Investment Opportunity

    205 S 6 St Mt, Vernon, IL 62864

    Five-unit property near downtown Mt Vernon, Illinois.

    • Five 1‑bedroom, 1‑bath units offer immediate rental income potential.
    • Excellent investment opportunity due to its proximity to downtown Mt. Vernon.
    • Recent updates include new storm windows, fresh paint, new carpet, and updated LED lighting in common areas (2019).
    • New air conditioner installed in 2020.
    • Electrical system has been brought up to code.
    Updated: Dec 18, 2025
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Vernon, 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.

    Centralia IL Brick Duplex
    $119,900

    Centralia IL Brick Duplex

    All brick duplex in Centralia, Illinois, great investment property.

    406 Cedar St, Centralia, IL 62801
    View details
    Centralia Duplex: Rehab Opportunity
    Pending
    Contact for pricing
    2,278 SF

    Centralia Duplex: Rehab Opportunity

    Two single-family homes on one parcel, ideal for investment.

    226 N Lincoln Blvd, Centralia, IL 62801
    View details
    West Frankfort Tri-Plex Investment
    $225,000

    West Frankfort Tri-Plex Investment

    Fully occupied tri-plex in West Frankfort, Illinois, for sale.

    105-109 N Sunny Slope St, West Frankfort, IL 62896
    View details
    Multi-Property Investment Opportunity
    $100,000

    Multi-Property Investment Opportunity

    Three income-producing homes in West Frankfort, Illinois.

    1208-1210 E Main St, West Frankfort, IL 62896
    View details

    Vernon, IL Multifamily Properties Investment Opportunities Market Analysis

    Explore 2 multifamily properties for sale in Vernon, IL on our real estate platform. These investment opportunities span a total of 8,712 square feet of properties for sale, with an estimated market value of $60,000.

    Prices for multifamily properties in Vernon, IL start at $60,000, averaging $60,000, and reaching up to $60,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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    Most Searched ZIP Codes in Vernon, IL

    • 62864

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