Residential Income

Durand, IL Residential Income Properties for Sale

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Davis, IL Pecatonica, IL Winnebago, IL
Updated 8-Unit Apartment Building
Updated: Apr 17
Updated 8-Unit Apartment Building

113 NEWMAN Street, Durand, IL 61024

$599,990
6,304 sqft
Recently updated 8‑unit apartment building in Durand, with each unit offering 2 bedrooms and 1 bathroom
Recent unit updates: four units repainted and have new tenants
Common areas updated with new paint, lighting, and flooring (last year)
Appliances included in units: washer, dryer, refrigerator, and stove/cooktop
Heating includes electric and baseboard; cooling includes wall unit(s)
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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 1 Active listings in Durand, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 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.

Three-Unit Residential Income Property
Three-Unit Residential Income Property

2910 Chatham Ln., Rockford, IL 61101

$237,000
3,750 sqft

Three well-maintained units offer varied bedroom and bath layouts, with updates including flooring, windows, and roof.

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Triplex with Detached Garage ADU
Triplex with Detached Garage ADU

509 W Franklin Street, Rockton, IL 61072

$200,000
1,512 sqft

Three 1-bedroom, 1-bath units with separate utilities, including an ADU connected to a detached garage.

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West State Investment Opportunity
West State Investment Opportunity

4201-4205 W State St, Rockford, IL 61102

$750,000
9,337 sqft

Three-unit property with potential for grocery/liquor store or laundromat.

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Duplex Multifamily Income Property
Duplex Multifamily Income Property

509 W Franklin Street, Rockton, IL 61072

$200,000

For sale duplex multifamily income property in Rockton, Illinois, offering rental housing under one ownership.

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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.

Lake Summerset Buildable Lot
Lake Summerset Buildable Lot

Davis, IL 61019

Contact for pricing
0.34 AC lot

Buildable lot in Lake Summerset near amenities.

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Lake Summerset Lot For Sale
Lake Summerset Lot For Sale

Davis, IL 61019

Contact for pricing
0.46 AC lot

Residential land near heated pool in gated community.

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Lake Summerset View Lot
Lake Summerset View Lot

962 Breckenboro Road, Davis, IL 61019

Contact for pricing
0.36 AC lot

Lake-view lot in a private recreational gated community.

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Lake Summerset Land Opportunity
Lake Summerset Land Opportunity

Davis, IL 61019

$75,000
0.43 AC lot

Build your dream lake home in Lake Summerset community.

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Off-Market Properties in Durand, IL

Consider similar Off-Market properties in Durand, 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.

203 Newman St
APARTMENT HOUSE (5+ UNITS)

203 Newman St, Durand, IL 61024-8923

Value Estimation by Request
0.47 AC lot
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Otter Creek Dr
Land

0 Otter Creek Dr, Durand, IL 61024

Value Estimation by Request
0.37 AC lot
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Durand, IL Residential Income Properties Market Trends and Statistics

Explore 3 residential income properties for sale in Durand, IL on our real estate platform. These investment opportunities span a total of 6,304 square feet of properties for sale, with an estimated market value of $599,990.

Sale prices for residential income properties in Durand, IL start at $599,990, averaging $599,990, and reaching up to $599,990 — 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 2,264
Population Growth (5Y) -10.7%
Median Household Income $73,152
College Educated 27.1%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
61024 $600K

Taxes & Financing

Tax Rate (average for all types) 8.17%
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Winnebago County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Winnebago County

Residential Income

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