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    Watseka, IL Multifamily Properties for Sale

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    Crescent City, IL Clifton, IL Gilman, IL
    Subsidized Senior Housing Portfolio
    $2,000,000

    Subsidized Senior Housing Portfolio

    551-564 N Clarence Avenue, Watseka, IL 60970

    54-unit subsidized senior housing portfolio in Watseka and Gilman, Illinois.

    • 54 total units of subsidized senior housing
    • USDA/RD/HUD subsidies in place (buyer must qualify)
    • Portfolio of 27 two‑unit buildings plus an office/recreational building
    • Mix of 48 one‑bedroom and 6 two‑bedroom units
    • Properties are in "Good" condition
    Updated: May 18, 2021
    View details
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Watseka, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Turn-Key Rensselaer Investment Property
    $184,900
    0.39 Acres

    Turn-Key Rensselaer Investment Property

    Well-maintained 2-unit property with separate utilities and recent upgrades.

    512 N Cullen Street, Rensselaer, IN 47978
    View details
    Value-Add Triplex in Kankakee
    $160,000

    Value-Add Triplex in Kankakee

    Triplex with seller financing and value-add opportunity in Kankakee.

    491 S Chicago Avenue, Kankakee, IL 60901
    View details
    Kankakee Multifamily Property For Sale
    $200,000

    Kankakee Multifamily Property For Sale

    Well-maintained two-unit property in Kankakee, Illinois.

    357 S ROSEWOOD Avenue, Kankakee, IL 60901
    View details
    Two-Unit Multifamily Investment Opportunity
    $169,900

    Two-Unit Multifamily Investment Opportunity

    Two-unit property with separate utilities, parking, and storage.

    720 N Jefferson Street, Rensselaer, IN 47978
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    University Park Developable Land
    Contact for pricing
    3.20 Acres

    University Park Developable Land

    3.2 acres with 24 concrete housing pads in University Park.

    976 Mesa Court, University Park, IL 60484
    View details
    Vacant Lot in Gated Community
    Contact for pricing
    0.12 Acres

    Vacant Lot in Gated Community

    Vacant lot in gated community with many amenities for seasonal living.

    2795 E 28th Lot 1205 Road, Seneca, IL 61360
    View details
    Belleville Buildable Residential Lot
    Contact for pricing
    0.63 Acres

    Belleville Buildable Residential Lot

    0.66 acre lot in Villa Hills, St. Clair County.

    632 Fern Drive, Belleville, IL 62223
    View details
    Belleville Land For Sale
    Contact for pricing
    0.60 Acres

    Belleville Land For Sale

    0.60 acre vacant lot in Villa Hills.

    636 Fern Drive, Belleville, IL 62223
    View details

    Watseka, IL Multifamily Properties Investment Opportunities Market Analysis

    Explore 1 multifamily properties for sale in Watseka, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $2,000,000.

    Sale prices for multifamily properties in Watseka, IL start at $2,000,000, averaging $2,000,000, and reaching up to $2,000,000 — 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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    Top Commercial Asset Segments

    Apartment buildings 1

    Demographics Overview

    Population 5,965
    Population Growth (5Y) -14.2%
    Median Household Income $48,456
    College Educated 16.1%

    High-Yield Neighborhoods for Strategic Investment

    Identify Watseka submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    60970 $2M

    Taxes & Financing

    Tax Rate (average for all types) 10.23%
    Tax Rate vs County Average 1.35 pp above county avg
    Average Loan-to-Value 65.0%

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