Multifamily

Wood River, IL Multifamily Properties for Sale

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Roxana, IL East Alton, IL Hartford, IL Alton, IL South Roxana, IL Bethalto, IL Edwardsville, IL Godfrey, IL
Mixed-Use Live-Work Building
Updated: Apr 29
Mixed-Use Live-Work Building

602 Wood River Avenue, Wood River, IL 62095

$88,500
2,555 sqft 0.14 AC lot
Mixed‑use building with front commercial space plus two residential units
Commercial area up front includes 3/4 bath and space for a kitchenette
Upstairs apartment: 3 bed, 1 bath
Rear/secondary apartment: 2 bed, 1 bath
Zoned B1 Neighborhood Business
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Mixed-Use Building with Two Apartments
Updated: May 7
Mixed-Use Building with Two Apartments

258 E Ferguson Ave, Wood River, IL 62095

$95,000
Mixed‑use commercial property on East Ferguson Avenue with unfinished main level and income‑producing upstairs apartments
Main level includes plumbing for a bathroom and mop sink plus new drainage lines, ready for a variety of business layouts
Upper level has two separate 1‑bedroom apartments
Apartment 1 includes a full bath; Apartment 2 includes a 3/4 bath
Rear common area for the apartments includes stair access down to a spacious garage area accessible from the alley
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Based on your search, we've compiled 13 Potential Opportunities for your consideration. Besides 2 Active listings in Wood River, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads, 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.

Turnkey Duplex Investment
Turnkey Duplex Investment

2446 State Street, Granite City, IL 62040

$190,000
2,868 sqft 0.17 AC lot

Fully occupied two-unit duplex with modern kitchen updates, new windows, and tenant-paid utilities to support day-one income.

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Corner Multifamily with 14 Units
Corner Multifamily with 14 Units

2705 College Avenue, Alton, IL 62002

$980,000
0.33 AC lot

Two-building investment property near the Dental College, offering 14 units and on-site coin laundry.

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Two-Unit Duplex Investment Property
Two-Unit Duplex Investment Property

2345 State Street, Granite City, IL 62040

Contact for pricing
1,218 sqft 0.20 AC lot

Two-unit duplex in Granite City with a spacious layout, suited for investors prepared for major renovation.

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Fully Rented Townhome Investment
Fully Rented Townhome Investment

612-30 Washington, Alton, IL 62002

Contact for pricing
0.60 AC lot

Ten townhomes, fully rented, with recent significant renovations.

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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.

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.

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Residential Lot in Park Hills
Residential Lot in Park Hills

226 N Large Street, Park Hills, MO 63601

Contact for pricing
0.26 AC lot

Corner lot suitable for building or mobile home placement.

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Residential Lot in Wellsville, MO
Residential Lot in Wellsville, MO

412 Washington Street, Wellsville, MO 63384

Contact for pricing
0.17 AC lot

Ready-to-build residential lot in a charming small town.

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Ozark Land with Creek Frontage
Ozark Land with Creek Frontage

Madsion CR 410 (116), Fredericktown, MO 63645

$34,995
1.65 AC lot

1.65+/- acre property with Twelve Mile Creek frontage.

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Off-Market Properties in Wood River, IL

Consider similar Off-Market properties in Wood River, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

476 Hamilton Ave
APARTMENT HOUSE (5+ UNITS)

476 Hamilton Ave, Wood River, IL 62095-1572

Value Estimation by Request
962 sqft 0.12 AC lot
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241 Ferguson Ave
APARTMENT HOUSE (5+ UNITS)

241 Ferguson Ave, Wood River, IL 62095-2001

Value Estimation by Request
1,336 sqft 0.10 AC lot
View details
708 1st St
APARTMENT HOUSE (5+ UNITS)

708 1st St, Wood River, IL 62095

Value Estimation by Request
2,784 sqft 0.24 AC lot
View details

Wood River, IL Multifamily Properties Market Trends and Statistics

Explore 5 multifamily properties for sale in Wood River, IL on our real estate platform. These investment opportunities span a total of 2,555 square feet of properties for sale, with an estimated market value of $88,500.

Sale prices for multifamily properties in Wood River, IL start at $88,500, averaging $88,500, and reaching up to $88,500 — 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

Commercial property segments ranked by active listings on the market

Duplexes 2

Demographics Overview

Population 11K
Population Growth (5Y) +3.1%
Median Household Income $66,641
College Educated 22.5%

High-Yield Neighborhoods for Investment

Identify Wood River submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
62095 $91.7K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Madison County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Wood River fall within the 5,000 to 10,000 square foot range.

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