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    Westchester, IL Multifamily Properties for Sale

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    Chicago, IL Grandview, IL Southern View, IL
    25 results
    Six-Unit Apartment Building with Upgrades
    $399,900
    4,500 SF

    Six-Unit Apartment Building with Upgrades

    824 E Ridgely Avenue, Springfield, IL 62702

    Updated six-unit apartment building with expansion potential in Springfield, IL.

    • Six renovated units in a 4,500 sq ft apartment building
    • Additional parcel included, with potential to rebuild another six‑unit structure
    • Significant recent upgrades: new roof and siding (2021)
    • Multiple new HVAC systems and water heaters
    • Minimal initial maintenance required
    Updated: May 1
    View details
    Springfield Multifamily Investment Opportunity
    $749,800
    6.60 Acres

    Springfield Multifamily Investment Opportunity

    2510 & 2518 W JEFFERSON Street, Springfield, IL 62702

    Fully occupied 10-unit property on 6.5 acres with development potential.

    • Fully occupied 10‑unit property generating $7,965 monthly income.
    • Significant development potential on 6.5 acres with R3 zoning.
    • Opportunity to rebuild a multi‑unit structure (duplex previously existed).
    • Located in the desirable Springfield High School District.
    • Tenants pay electric and gas, reducing owner expenses.
    Updated: Mar 4
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    Brick Ranch Duplex in Springfield
    $294,900
    3,200 SF

    Brick Ranch Duplex in Springfield

    Spacious duplex with garages, patios, and income potential.

    80 CELESTE Court, Springfield, IL 62703
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    Income-Producing Duplex in Springfield, IL
    $185,000
    0.16 Acres

    Income-Producing Duplex in Springfield, IL

    Well-maintained duplex with strong tenant appeal and convenient location.

    141 N DOUGLAS Avenue, Springfield, IL 62702
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    Updated Duplex in Downtown Springfield
    $250,000

    Updated Duplex in Downtown Springfield

    Two-unit property with modern updates and downtown convenience.

    910 S 2ND Street, Springfield, IL 62704
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    Versatile Multifamily/Office Property in Springfield
    $300,000

    Versatile Multifamily/Office Property in Springfield

    Unique property near downtown Springfield, suitable for residential or commercial use.

    1501 & 1505 S 5TH Street, Springfield, IL 62730
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    Springfield Multifamily Investment Opportunity
    $385,000

    Springfield Multifamily Investment Opportunity

    Six-unit complex with high occupancy and recent renovations.

    629 W WASHINGTON Street, Springfield, IL 62702
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    Turnkey Duplex in Springfield, IL
    $99,900

    Turnkey Duplex in Springfield, IL

    Updated duplex with income potential and owner-occupant flexibility.

    1901 S SPRING Street, Springfield, IL 62704
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    Fully Occupied Springfield 4-Plex
    $240,000

    Fully Occupied Springfield 4-Plex

    Stable, cash-flowing investment property in central Springfield.

    821 S Pasfield Street, Springfield, IL 62704
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    Springfield Multifamily Investment Opportunity
    $250,000

    Springfield Multifamily Investment Opportunity

    Six-unit multifamily property near Lincoln Park, fully occupied.

    524 E Ridgely Avenue, Springfield, IL 62702
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    Springfield Duplex Near Medical Center
    $150,000

    Springfield Duplex Near Medical Center

    Income-generating duplex near Memorial Medical Center and SIU School of Medicine.

    1038 N 1ST Street, Springfield, IL 62702
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    Three Unit Investment Opportunity
    $160,000

    Three Unit Investment Opportunity

    Affordable three-unit property in Springfield, Illinois, perfect for rental portfolio.

    817 E Stanford Avenue, Springfield, IL 62704
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    Two Historic Springfield Office Buildings
    $400,000
    130,621 SF

    Two Historic Springfield Office Buildings

    Two-building office portfolio in Springfield's Capitol District.

    424 S 5th St, Springfield, IL 62701
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    Springfield Mixed-Use Investment Property
    $123,000
    0.27 Acres

    Springfield Mixed-Use Investment Property

    Four-unit, fully rented property with retail potential in Springfield, IL.

    212 W LAUREL Street, Springfield, IL 62704
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    Springfield Duplex: Renovation Opportunity
    Contact for pricing

    Springfield Duplex: Renovation Opportunity

    Duplex in Springfield, IL, ideal for renovation and income generation.

    1935 S 5TH Street, Springfield, IL 62703
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    Historic Ridgely Building Redevelopment Opportunity
    Contact for pricing
    57,185 SF

    Historic Ridgely Building Redevelopment Opportunity

    Twelve-story building suitable for office, retail, or multifamily redevelopment.

    500 E Monroe St, Springfield, IL 62701
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    Duplex Lakefront Lot Opportunity
    $100,000

    Duplex Lakefront Lot Opportunity

    Desirable duplex lakefront lot in Rochester School District.

    329-331 Harbor Point Place, Springfield, IL 62712
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    Springfield Duplex with Rental History
    $186,500

    Springfield Duplex with Rental History

    Duplex in Springfield with excellent rental history and tenants.

    1137 N PARK Avenue, Springfield, IL 62702
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    Two Houses on One Property
    $135,000
    840 SF

    Two Houses on One Property

    Two houses on one property, ideal for investors or multi-generational.

    3324 S 2ND Street, Springfield, IL 62703
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    Historic Springfield Mixed-Use Restoration Opportunity
    $49,900
    0.28 Acres

    Historic Springfield Mixed-Use Restoration Opportunity

    Historic mixed-use property near Lincoln's Home needing full restoration.

    703 S 8TH Street, Springfield, IL 62703
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    Like New Springfield Duplex
    $150,000

    Like New Springfield Duplex

    Recently renovated duplex with new roof, plumbing, and electrical.

    318 S STATE Street, Springfield, IL 62704
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    Springfield Multifamily Investment Opportunity
    $160,000

    Springfield Multifamily Investment Opportunity

    Six-unit, all-brick apartment building in Springfield, Illinois.

    1546 E CORNELL Street, Springfield, IL 62703
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    Springfield, IL Land For Sale
    $72,000
    0.29 Acres

    Springfield, IL Land For Sale

    Residential land available in Springfield, Illinois.

    4614 Boone Drive, Springfield, IL 62711
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    Springfield, IL Land For Sale
    $72,000

    Springfield, IL Land For Sale

    Duplex property for sale in Springfield, Illinois.

    4610 Boone Drive, Springfield, IL 62711
    View details

    Westchester, IL Multifamily Properties Investment Opportunities Market Analysis

    Explore 72 multifamily properties for sale in Westchester, IL, showcased through 25 active listings on our real estate platform. These investment opportunities span a total of 139,161 square feet of properties for sale, with an estimated market value of $1,229,800.

    Sale prices for multifamily properties in Westchester, IL start at $135,000, averaging $307,450, and reaching up to $400,000 — 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

    Duplexes 1

    Demographics Overview

    Population 17K
    Population Growth (5Y) -0.3%
    Median Household Income $103,561
    College Educated 59.6%

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    60154 $1.5M

    Taxes & Financing

    Average Loan-to-Value 65.0%

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    Most Searched ZIP Codes in Westchester, IL

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