Chester, IL
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    Chester, IL Residential Income Properties for Sale

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    Ellis Grove, IL Rockwood, IL Walsh, IL
    Historic Mixed-Use Building with Apartments
    $180,000
    5,720 SF
    Historic Mixed-Use Building with Apartments

    104-106 W Stacey Street, Chester, IL 62233

    Downtown street-level retail with five one-bedroom apartments and a basement with outside access for flexible use.
    • Historic landmark building in the heart of the business district.
    • Positive cash flow from 4 rented one‑bed, one‑bath apartments. Includes range and refrigerator in apartments.
    • Two street‑level storefronts suitable for retail or other businesses.
    • Full basement with outside access offering potential for various uses.
    • Brick construction.
    Updated: Dec 29, 2025
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    Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 1 Active listings in Chester, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 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.

    Well-Maintained Ellis Grove Quadplex
    $425,000
    2,000 SF
    Well-Maintained Ellis Grove Quadplex

    Four-unit property with long-term tenants and carport parking.

    100 N State Street, Ellis Grove, IL 62241

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    Two Mobile Homes on 1.25 Acres
    $99,000
    924 SF
    Two Mobile Homes on 1.25 Acres

    Two well-kept mobile homes with long-term tenants on 1.25 acres.

    5208 Walsh Road, Walsh, IL 62297

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    Murphysboro Duplex with Income Potential
    $99,900
    0.20 Acres
    Murphysboro Duplex with Income Potential

    Ranch-style duplex in Murphysboro with two units and spacious yard.

    1020 S 22nd Street, Murphysboro, IL 62966

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    Duplex Investment Opportunity
    $109,000
    2,016 SF
    Duplex Investment Opportunity

    Two-unit property ideal for rental income generation.

    2202 Illinois Ave, Murphysboro, IL 62966

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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 Westfield Meadows
    $35,000
    1.26 Acres
    Residential Land in Westfield Meadows

    Large residential parcel in established neighborhood, offering space and privacy.

    304 Victorian Drive, Steeleville, IL 62288

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    Residential Land in Steeleville, IL
    $45,000
    2.29 Acres
    Residential Land in Steeleville, IL

    2.29 acre lot for residential construction in Steeleville, Illinois.

    0 Victorian Drive, Steeleville, IL 62288

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    Residential Land in Cutler, Illinois
    Contact for pricing
    0.40 Acres
    Residential Land in Cutler, Illinois

    Vacant residential lot, ready for building your dream home.

    517 WEST Street, Cutler, IL 62238

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    Recreational Land Near Lake Perry
    $90,000
    22,215 SF
    Recreational Land Near Lake Perry

    Half-acre recreational lot with utilities near Lake Perry amenities.

    1003 Port Perry Drive, Perryville, MO 63775

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    Off-Market Properties in Chester, IL

    Consider similar Off-Market properties in Chester, 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.

    831 Lehmen Dr
    APARTMENT HOUSE (5+ UNITS)
    Value Estimation by Request

    831 Lehmen Dr, Chester, IL 62233-1279

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    1508 Hyland Rd, Unit 1510
    APARTMENT HOUSE (5+ UNITS)
    Value Estimation by Request
    Unit 1510

    1508 Hyland Rd, Chester, IL 62233-1243

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    647 State St
    APARTMENT HOUSE (5+ UNITS)
    Value Estimation by Request

    647 State St, Chester, IL 62233-1678

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    982 State St
    APARTMENT HOUSE (5+ UNITS)
    Lot: 0.24 Acres
    Value Estimation by Request

    982 State St, Chester, IL 62233-1652

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    1414 Ct St 1416th Ct St
    APARTMENT HOUSE (5+ UNITS)
    Lot: 1.89 Acres
    Value Estimation by Request

    1414 Ct St 1416th Ct St, Chester, IL 62233

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    Chester, IL Residential Income Properties Market Trends and Statistics

    Explore 6 residential income properties for sale in Chester, IL on our real estate platform. These investment opportunities span a total of 5,720 square feet of properties for sale, with an estimated market value of $180,000.

    Sale prices for residential income properties in Chester, IL start at $180,000, averaging $180,000, and reaching up to $180,000 — 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 8,233
    Population Growth (5Y) -15.0%
    Median Household Income $78,333
    College Educated 10.4%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    62233 $180K

    Taxes & Financing

    Tax Rate (average for all types) 6.93%
    Tax Rate vs County Average 0.07 pp above county avg
    Average Loan-to-Value 65.0%

    Total CRE Inventory on Market (SF)

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