Residential Income

De Land, IL Residential Income Properties for Sale

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De Witt, IL Dewitt, IA Farmer City, IL Monticello, IL Seymour, IL Fisher, IL Mahomet, IL Bement, IL
Historic Schoolhouse Multifamily Opportunity
Updated: Apr 16
Historic Schoolhouse Multifamily Opportunity

De Land, IL 61839

$315,000
Brick construction with year built 1909
Cooling/heat: heat pump
Served by septic tank sewer
Currently configured as a 5‑unit building
Features original details including high ceilings, exposed brick, and wide hallways
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in De Land, 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.

Versatile Commercial Property in Champaign
Versatile Commercial Property in Champaign

1069 County Road 900, Champaign, IL 61822

$949,900
5.00 AC lot

Warehouse, office, acreage, and single-family rental near I-57.

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10-Unit Apartment Building with Two Brick Buildings
10-Unit Apartment Building with Two Brick Buildings

901 State Route 10 W, Clinton, IL 61727

$189,000

Two all-brick buildings on a prominent corner lot off State Route 10, offering 10 residential units under COMMR zoning.

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Downtown Mixed-Use Retail Building
Downtown Mixed-Use Retail Building

405 South Side Square, Clinton, IL 61727

Contact for pricing
5,412 sqft

Two storefront and four-upstairs apartment building with newer windows and a re-rolled rubber roof.

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Multifamily Apartment Community
Multifamily Apartment Community

2106 W White St, Champaign, IL 61821

Contact for pricing

Market-rate multifamily community with over 500 units and an active renovation program, including a newly built clubhouse.

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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.

Development Land in Oreana
Development Land in Oreana

East St, Oreana, IL 62554

$816,000
27.20 AC lot

Approximately 27.2 acres of mostly tillable land with some wooded areas, suitable for phased residential development.

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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.

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Greencroft Homesite Near Country Club
Greencroft Homesite Near Country Club

21 Greencroft Drive, Champaign, IL 61821

$375,000
0.54 AC lot

Luxury homesite in established community near Champaign Country Club.

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Prime Land Near University
Prime Land Near University

1301 N Lincoln Avenue, Urbana, IL 61801

$1,200,000
3.12 AC lot

3.12-acre parcel near the University of Illinois.

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De Land, IL Residential Income Properties Market Trends and Statistics

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

Sale prices for residential income properties in De Land, IL average $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.

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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 648
Population Growth (5Y) +6.2%
Median Household Income $63,393
College Educated 25.9%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
61839 $315K

Taxes & Financing

Tax Rate (average for all types) 8.20%
Tax Rate vs County Average 1.04 pp above county avg
Average Loan-to-Value 65.0%

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