Residential Income

Armington, IL Residential Income Properties for Sale

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Atlanta, IL Mclean, IL Annawan, IL Emden, IL Lincoln, IL Delavan, IL Mackinaw, IL Bloomington, IL
Two-Unit Duplex with Garages
Updated: Oct 12
Two-Unit Duplex with Garages

204 E 5TH Street #204 & 206, Armington, IL 61721

$149,000
Two units, each with 2 bedrooms and 1 bathroom
Separate one‑car garages for the units
In‑unit laundry in both residences
Both units have been updated
Unit 204 received a new water heater this year
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Armington, 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.

New Multifamily Community in Bloomington
New Multifamily Community in Bloomington

501 Lutz Rd, Bloomington, IL 61704

Contact for pricing
63,266 sqft

New 56-unit multifamily community in Bloomington, construction in 2026.

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Brick Mixed-Use Building
Brick Mixed-Use Building

608-612 Broadway Street, Lincoln, IL 62656

$585,000

All-brick building with two retail storefronts on the main level and three fully leased apartments above.

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Triplex with Garages
Triplex with Garages

302 19TH Street #3, Lincoln, IL 62656

$169,900

Three distinct unit layouts include kitchen appliances, private garages, and a split-level configuration in one residence.

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Updated 3-Unit Triplex
Updated 3-Unit Triplex

1003 W Jackson Street, Bloomington, IL 61701

$165,000

Multiple residences feature refreshed interiors, complemented by a new roof, soffit, fascia, gutters, garage, and private parking.

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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.

Residential Lot in Fox Hollow
Residential Lot in Fox Hollow

2709 and 2711 Fox Trot Trail, Bloomington, IL 61705

$72,500

Residential lot in established neighborhood with community amenities and lake.

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Residential Lot in Fox Hollow
Residential Lot in Fox Hollow

2705 and 2707 Fox Trot Trail, Bloomington, IL 61705

$72,500

Residential lot in established neighborhood with pool, clubhouse, and lake.

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Residential Lot in Heyworth, IL
Residential Lot in Heyworth, IL

14607 Knob Hill Drive, Heyworth, IL 61745

$74,500
0.78 AC lot

Large residential lot in established Heyworth neighborhood.

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Residential Land in Royal Point
Residential Land in Royal Point

105 Royal Point Court, Pekin, IL 61554

$58,900
1.43 AC lot

1.43 acre residential lot in established community.

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Armington, IL Residential Income Properties Market Trends and Statistics

Explore 1 residential income properties for sale in Armington, IL on our real estate platform.

Sale prices for residential investment properties in Armington, IL average $149,000 — 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

Duplexes 1
Multifamily properties 1

Demographics Overview

Population 541
Population Growth (5Y) -8.6%
Median Household Income $89,000
College Educated 33.5%

Taxes & Financing

Tax Rate (average for all types) 7.90%
Property Tax per SF $71.19 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Tazewell County

New Delisted

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