Residential Income

Chatham, IL Residential Income Properties for Sale

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11-Unit Apartment Property
Updated: Mar 7
11-Unit Apartment Property

351 E SPRUCE Street, Chatham, IL 62629

$680,000
11 total apartment units
Each apartment includes 2 bedrooms and 1 full bathroom
Approximately 1,000 square feet per apartment
Utility rooms with full‑size washer and dryer hookups
New roofs installed on each building in 2024
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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Chatham, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 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.

Modern 3-Bed Duplex Home
Modern 3-Bed Duplex Home

3418 Telford Drive, Springfield, IL 62711

$380,000
2,717 sqft

Modern 2019-built duplex with three bedrooms, three full baths, and a finished basement plus fenced backyard.

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Mixed-Use Retail and Residential Property
Mixed-Use Retail and Residential Property

9865-9869 W Roosevelt Rd, Westchester, IL 60154

Contact for pricing
35,870 sqft

Ground-floor storefronts with upper-level residential units offer diversified space for service and living tenants.

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Mixed-Use Building with Heated Garage
Mixed-Use Building with Heated Garage

10311 W Roosevelt Road, Westchester, IL 60154

$949,900

Two commercial suites and two apartments create a flexible owner-user or rental configuration.

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Brick Duplex with Central Air
Brick Duplex with Central Air

2112-2114 Westchester Boulevard, Springfield, IL 62704

$280,000

Two-unit brick duplex with central air and forced-air natural gas heating, featuring two bedrooms and two full bathrooms per unit.

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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 Land in Chatham, Illinois
Residential Land in Chatham, Illinois

400 RAMBLEWOOD Road, Chatham, IL 62629

$39,900

Residential lot in a premier luxury home development.

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Residential Land in Chatham, IL
Residential Land in Chatham, IL

405 RAMBLEWOOD Road, Chatham, IL 62629

$39,900

Residential land in the heart of Chatham, Illinois.

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Residential Lot in Chatham, IL
Residential Lot in Chatham, IL

51 Firefly Court, Chatham, IL 62629

$69,900

Residential lot suitable for building a home in Chatham, Illinois.

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Residential Land in Chatham, Illinois
Residential Land in Chatham, Illinois

67 Firefly Court, Chatham, IL 62629

$46,600

Land available in The Highlands, Chatham, Illinois. Build your dream home.

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Off-Market Properties in Chatham, IL

Consider similar Off-Market properties in Chatham, 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.

1529 Main St
Land

1529 Main St, Chatham, IL 62629

Value Estimation by Request
48.99 AC lot
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Chatham, IL Residential Income Properties Market Trends and Statistics

Explore 2 residential income properties for sale in Chatham, IL on our real estate platform.

Sale prices for residential income properties in Chatham, IL average $680,000 — 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

Apartment buildings 1
Multifamily properties 1

Demographics Overview

Population 15K
Population Growth (5Y) +11.9%
Median Household Income $106,373
College Educated 69.4%

Taxes & Financing

Tax Rate (average for all types) 7.63%
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Sangamon County

New Delisted

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