Multifamily

Worden, IL Multifamily Properties for Sale

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Hamel, IL Edwardsville, IL Livingston, IL Staunton, IL New Douglas, IL Alhambra, IL Moro, IL Bethalto, IL
Newly Built Brick Triplex
Updated: Jul 11
Newly Built Brick Triplex

329 Rutledge Street, Worden, IL 62097

$379,900
3,300 sqft 0.57 AC lot
3,300 square feet across three residential units
Completed in 2024 with all‑brick construction
Unit mix includes two 2‑bedroom/1‑bath units and one 3‑bedroom/2‑bath unit
0.5725‑acre parcel at 329 Rutledge Street, Worden, IL 62097
Assigned and off‑street parking
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2024 All-Brick Triplex
Updated: Aug 13
2024 All-Brick Triplex

329 Rutledge St, Worden, IL 62097

$379,900
3,300 sqft
Completed in 2024 with all‑brick construction
3,300‑square‑foot triplex with three residential units
Unit mix includes two 2‑bedroom, 1‑bath units
One 3‑bedroom, 2‑bath unit
Tenants occupy the property on month‑to‑month leases
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 2 Active listings in Worden, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 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.

Two-Home Multifamily Property
Two-Home Multifamily Property

1333 11th St, Cottage Hills, IL 62018

$162,500
1,644 sqft 0.45 AC lot

Two residences and a separate workshop share a fenced parcel with parking for both homes.

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Four-Unit Duplex Package
Four-Unit Duplex Package

207-209 Roxana Avenue, South Roxana, IL 62087

$275,000
1,440 sqft 0.14 AC lot

Two parcels combine a ranch-style residential income property with three occupied units and one unit available for leasing or occupancy.

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Four-Unit Duplex Package
Four-Unit Duplex Package

207-209 Roxana Ave, South Roxana, IL 62087

$275,000
1,440 sqft

Two parcels convey together, with three units occupied and one available for leasing or owner occupancy.

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Duplex Property with Workshop
Duplex Property with Workshop

1333 11th Street, Cottage Hills, IL 62018

$162,500
1,644 sqft 0.45 AC lot

Two residences and a separate workshop provide flexible living, family, and project space on a fenced parcel.

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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 with Concrete Pad
Commercial Land with Concrete Pad

17039 Hillside Lane, Jerseyville, IL 62052

$70,000
2.10 AC lot

Unzoned parcel with a concrete pad and new electric and water service.

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Worden, IL Multifamily Properties Market Trends and Statistics

Explore 2 multifamily properties for sale in Worden, IL on our real estate platform. These investment opportunities span a total of 6,600 square feet of properties for sale, with an estimated market value of $759,800.

Sale prices for multifamily properties in Worden, IL average $379,900 — 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

Triplexes 2

Demographics Overview

Population 2,627
Population Growth (5Y) -14.3%
Median Household Income $85,234
College Educated 27.3%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
62097 $379.9K

Taxes & Financing

Tax Rate (average for all types) 7.04%
Property Tax per SF $88.50 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Madison County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Madison County

Office

Residential Income

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