Effingham, IL Residential income properties for sale

Updated: Jun 1

Acreage Duplex with Outbuildings

9069 E US Highway 40, Effingham, IL 62401

$174,900

6.66 AC lot

6.66‑acre property near Effingham at 9069 E US Highway 40
Nearly 2,400 square feet configured as two separate living quarters
Each living area includes a kitchen, laundry area, living space, and bedrooms
Recreational pond, horse stalls, and multiple outbuildings with electricity
Built in 1967 and offered as‑is

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1 active listing matches your search: Residential Income for sale in Effingham, IL. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

Opportunities in Nearby Cities

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

Apartment Building with Coin Laundry

300 E 2nd St, Pana, IL 62557

$179,000

7 units 2,116 sqft Built 1890 Multi-tenant

100% occupied

Fully leased residential property with renovated unit, updated roofing, and shared laundry facilities.

7 x 1BR/1BA Coin-operated laundry area

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20-Pad Mobile Home Park

1020 BIRCH ST, Pana, IL 62557

Contact for pricing

Built 1975 1.8 acres Multi-tenant

Highway access C-1

The community has municipal water and sewer, with water, sewer, and electric service available at each pad.

Utilities to site

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Mixed-Use Building with Apartments

706 Jackson Ave, Charleston, IL 61920

$155,000

1 building Multi-tenant

$22,800 gross income

Two commercial spaces share the property with upstairs residences and a common laundry room.

Utilities to site Laundry room

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Two-Unit Multifamily Property

1718 10th St, Charleston, IL 61920

$99,000

2 units 2 buildings

Two separate buildings provide distinct living areas for the property's two units.

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Effingham, IL Residential Income Properties Market Trends and Statistics

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

Sale prices for residential investment properties in Effingham, IL average $174,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
62401	$2.1M

Neighborhood

Average Price

62401

$2.1M

Effingham, IL Residential Income Properties for Sale

9069 E US Highway 40, Effingham, IL 62401