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    Worden, IL
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    Worden, IL Multifamily Properties for Sale

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    Edwardsville, IL Livingston, IL Staunton, IL New Douglas, IL Alhambra, IL Moro, IL Bunker Hill, IL Bethalto, IL
    All-Brick Triplex
    Updated: Jul 11
    All-Brick Triplex

    329 Rutledge Street, Worden, IL 62097

    $385,000
    3,300 sqft 0.57 AC lot
    Newly completed 2024 all‑brick triplex
    Unit mix: two 2‑bedroom, 1‑bath units and one 3‑bedroom, 2‑bath unit
    3,300 SF triplex on 0.5725 acres
    Electric (heating) with forced air heating
    Electric central air cooling with ceiling fans
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    This listing looks promising.

    Here's a quick look at some key insights for

    329 Rutledge Street, Worden, IL 62097

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    • Est. Cap Rate

      6.3%
      Above avg (5.9%)

    • Est. NOI

      $24K
      Annual

    • Price @ 7% Cap

      $347K
      Suggested
    View Property Analytics
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Worden, 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.

    Ranch Duplex Under Construction
    Ranch Duplex Under Construction

    652 N Kansas Street, Edwardsville, IL 62025

    $720,000
    4,004 sqft 0.37 AC lot

    New construction ranch duplex with hardwood flooring, modern kitchens, and central air, plus a walk-out lower level.

    View details
    Mixed-Use Building With Apartments
    Mixed-Use Building With Apartments

    602 Wood River Avenue, Wood River, IL 62095

    $60,000
    2,555 sqft 0.14 AC lot

    The main level includes commercial space with a three-quarter bath and room for a kitchenette.

    View details
    Mid-Rise Apartment Community
    Mid-Rise Apartment Community

    1010 Enclave Blvd., Edwardsville, IL 62025

    Contact for pricing
    118,944 sqft

    Mid-rise multifamily property with ample parking, green space, and on-site management and maintenance.

    View details
    Mixed-Use Building with Two Apartments
    Mixed-Use Building with Two Apartments

    258 E Ferguson Ave, Wood River, IL 62095

    $95,000

    Unfinished main level with bathroom plumbing and upstairs two 1-bedroom units, plus shared access to a garage via alley.

    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.

    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.

    View details
    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.

    View details
    Wooded Corner Recreational Land Tract
    Wooded Corner Recreational Land Tract

    Hidden Valley Lakes lot: Ee&Ee(S), Annapolis, MO 63620

    $52,000
    8.89 AC lot

    Heavily wooded corner lot in a residentially zoned development with a level, lightly cleared area.

    View details

    Worden, IL Multifamily Properties Market Trends and Statistics

    Explore 1 multifamily properties for sale in Worden, IL on our real estate platform. These investment opportunities span a total of 3,300 square feet of properties for sale, with an estimated market value of $385,000.

    Sale prices for multifamily properties in Worden, IL average $385,000 — 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

    Commercial property segments ranked by active listings on the market

    Triplexes 1

    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 $385K

    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)

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