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    Colfax, IL Residential Income Properties for Sale

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    Anchor, IL Ellsworth, IL Lexington, IL Saybrook, IL Chenoa, IL Arrowsmith, IL Fairbury, IL Gibson City, IL
    7-Unit Apartment Building
    Updated: Oct 22
    7-Unit Apartment Building

    101 S Center Street, Colfax, IL 61728

    $369,900
    Seven‑unit apartment building
    Roof updated in 2024
    Built in 1874
    Long‑term renters
    View details
    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Colfax, 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.

    Four-Unit Apartment Property
    Four-Unit Apartment Property

    114 E Lincoln St, Saybrook, IL 61770

    $225,000
    1,470 sqft

    Unit mix includes three one-bedroom apartments and one two-bedroom apartment, with refreshed interiors and building-wide mechanical updates.

    View details
    Four-Unit Apartment Property
    Four-Unit Apartment Property

    114 E Lincoln Street, Saybrook, IL 61770

    $225,000

    Updated interiors, newer building systems, and a mixed one- and two-bedroom floor plan support rental operations.

    View details
    Duplex with Detached Garage
    Duplex with Detached Garage

    201 S Towanda Ave, Normal, IL 61761

    $339,900

    Two-unit property with basements, private access, off-street parking, and outdoor space near shopping and restaurants.

    View details
    Brick Duplex With Shared Garage
    Brick Duplex With Shared Garage

    507 E Cypress Street, Normal, IL 61761

    $259,900

    All-brick ranch duplex with unfinished basements and a shared detached garage.

    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.

    Residential Land in Lexington, IL
    Residential Land in Lexington, IL

    202 E Angela Circle lot: 37, Lexington, IL 61753

    $88,000

    Corner lot in Century Oaks Subdivision, Lexington, IL.

    View details
    Residential Land in Lexington, IL
    Residential Land in Lexington, IL

    Allison Road lot: 3&4, Lexington, IL 61753

    $76,000

    Residential community lots with timber, trails, and park.

    View details
    Residential Land in Century Oaks
    Residential Land in Century Oaks

    201 E Angela Circle lot: 33, Lexington, IL 61753

    $78,000

    Homesite in Century Oaks Subdivision, Lexington, IL. City utilities available.

    View details
    Downs, IL 25-Acre Land Parcel
    Downs, IL 25-Acre Land Parcel

    E 700 N Road lot: 8, Downs, IL 61736

    $675,000
    25.00 AC lot

    25-acre parcel in Downs, IL, suitable for building.

    View details

    Colfax, IL Residential Income Properties Market Trends and Statistics

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

    Sale prices for residential investment properties in Colfax, IL average $369,900 — 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

    Apartment buildings 1
    Multifamily properties 1

    Demographics Overview

    Population 1,316
    Population Growth (5Y) +0.4%
    Median Household Income $93,654
    College Educated 33.3%

    Taxes & Financing

    Tax Rate (average for all types) 9.23%
    Property Tax per SF $27.36 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in McLean County

    New Delisted

    How Realmo verifies these figures

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