Advertise
    Watseka, IL
    Multifamily

    Watseka, IL Multifamily Properties for Sale

    Notify Me
    List
    Map
    Crescent City, IL Clifton, IL Gilman, IL
    Subsidized Senior Housing Portfolio
    Updated: Apr 29, 2021
    Subsidized Senior Housing Portfolio

    551-564 N Clarence Avenue, Watseka, IL 60970

    $2,000,000
    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
    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    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.

    Three-Unit Townhouse-Style Property
    Three-Unit Townhouse-Style Property

    211 W Railroad Street, Kentland, IN 47951

    $350,000
    0.40 AC lot

    Three-unit townhouse-style multifamily with full occupancy, offering turnkey rental operations for an income-focused buyer.

    View details
    Remodeled Duplex in Kankakee
    Remodeled Duplex in Kankakee

    1095-1097 E Merchant Street, Kankakee, IL 60901

    $195,000

    Remodeled two-unit building with strong rental income potential.

    View details
    Kankakee Two-Unit Multifamily Property
    Kankakee Two-Unit Multifamily Property

    357 S ROSEWOOD Avenue, Kankakee, IL 60901

    $190,000

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

    View details
    Income-Producing Triplex Investment Opportunity
    Income-Producing Triplex Investment Opportunity

    211 W Railroad Street, Kentland, IN 47951

    $350,000

    Well-maintained, fully occupied triplex in high-demand rental market.

    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.

    Wooded Homesite in Wheatfield, Indiana
    Wooded Homesite in Wheatfield, Indiana

    4418 Oakland Court, Wheatfield, IN 46392

    Contact for pricing
    0.57 AC lot

    Spacious, wooded 0.57-acre lot in established neighborhood.

    View details
    University Park Developable Land
    University Park Developable Land

    976 Mesa Court, University Park, IL 60484

    Contact for pricing
    3.20 AC lot

    3.2 acres with 24 concrete housing pads in University Park.

    View details
    Land For Sale, Lakemoor, IL
    Land For Sale, Lakemoor, IL

    27 Oyster Bay, Lakemoor, IL 60051

    Contact for pricing
    0.12 AC lot

    Commercial land available in Lakemoor, Illinois.

    View details
    Commercial Land Development Parcel
    Commercial Land Development Parcel

    17039 Hillside Lane, Jerseyville, IL 62052

    $70,000
    2.10 AC lot

    Roughly two acres off Route 67 with utilities in place and an existing concrete pad for flexible development uses.

    View details

    Watseka, IL Multifamily Properties Market Trends and Statistics

    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.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    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 Investment

    Identify Watseka submarkets with the highest inventory density on the market and evaluate the average 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%

    Need Help?

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

    Contact Us

    Popular Searches in Watseka, IL

    Popular Categories

    Most Searched ZIP Codes in Watseka, IL

    • 60970

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!