De Land, IL Residential income properties for sale

$315,000

Historic Schoolhouse Multifamily Opportunity

De Land, IL 61839

Unique multifamily property with expansion potential in historic schoolhouse.

Significant expansion potential: Unfinished wing allows for the addition of 6‑8 more units or an event space.
Unique historical landmark: Converted early 20th‑century schoolhouse with original architectural details.
Existing income‑generating units: Five modern, leasable units are already in place.
Durable construction: Built to a higher standard than modern construction.
Attractive architectural features: High ceilings, exposed brick, and wide hallways.

Updated: Apr 16

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Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

$159,900

0.22 Acres

Urbana Duplex Near U of I

Well-located Urbana duplex with strong rental potential near U of I.

1207 N Linview Avenue, Urbana, IL 61801

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$599,000

0.18 Acres

Well-Maintained 5-Unit Near Campus

Prime location near University of Illinois with on-site parking.

709 W Nevada Street, Urbana, IL 61801

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Commercial Property with Residential Home

$1,250,000

9.88 Acres

Commercial Property with Residential Home

10-acre commercial property with income, residential home, expansion potential.

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Contact for pricing

Spacious Townhomes Near University

45-unit townhome community near the University of Illinois.

1801 West John Street, Champaign, IL 61821

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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.

$816,000

27.20 Acres

Oreana Development Land For Sale

27.2 acres of development land in Oreana, Illinois.

0 East St, Oreana, IL 62554

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$450,000

7.36 Acres

Land with Private Lake Access

7.36-acre lot with lake, beach, boating, swimming, and fishing.

Burr Oak Lane lot: 7, Bloomington, IL 61736

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$399,999

0.54 Acres

Greencroft Homesite Near Country Club

Luxury homesite in established community near Champaign Country Club.

21 Greencroft Drive, Champaign, IL 61821

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$45,000

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Residential Lot in Heyworth, Illinois

Almost half-acre lot for building a dream home.

704 Russell Court, Heyworth, IL 61745

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De Land, IL Residential Income Properties Investment Opportunities Market Analysis

Explore 1 residential income properties for sale in De Land, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $315,000.

Sale prices for residential income properties in De Land, IL start at $315,000, averaging $315,000, and reaching up to $315,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

De Land, IL Residential Income Properties for Sale

Historic Schoolhouse Multifamily Opportunity

Unique multifamily property with expansion potential in historic schoolhouse.