Residential Income

Farmington, IL Residential Income Properties for Sale

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Elmwood, IL Annawan, IL Trivoli, IL Maquon, IL Fairview, IL Canton, IL Hanna City, IL Brimfield, IL
Two-Unit Duplex with Garage
Updated: Feb 17
Two-Unit Duplex with Garage

413 W Fort St, Farmington, IL 61531

$97,000
1,408 sqft
Two‑unit up‑and‑down duplex configuration
Unit mix includes 1‑bedroom, 1‑bath and 3‑bedroom, 1‑bath residences
1,408 SF property on a corner lot
2‑stall garage provides parking and storage
Located within the Farmington School District
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Quadplex Property with Parking
Updated: Mar 16
Quadplex Property with Parking

699 E Fort Street, Farmington, IL 61531

$399,000
3 separate buildings with 4 units per building
Unit mix includes two 2‑bedroom units and two 1‑bedroom units
Large parking area serves the multifamily property
Buildings require repairs and updates
Located at 699 E Fort Street in Farmington, IL 61531
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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 10 Potential Opportunities for your consideration. Besides 2 Active listings in Farmington, 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.

Triplex with Separate Utilities
Triplex with Separate Utilities

263 S 1ST Avenue, Canton, IL 61520

$115,900

Three-unit apartment property with rear off-street parking and several recent building updates.

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Four-Unit Residential Income Building
Four-Unit Residential Income Building

201 N Rose St, Elmwood, IL 61529

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Well-maintained four-unit complex with consistently occupied long-term tenants.

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Four-Unit Apartment Complex
Four-Unit Apartment Complex

503 E Main St, Elmwood, IL 61529

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Four-unit residential income property currently reported as fully occupied with tenants interested in retaining leases.

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Multifamily Portfolio
Multifamily Portfolio

366 Thompson Ct, Canton, IL 61520

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Multifamily offering located in Canton, Illinois.

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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.

Elmwood Developed Lots For Sale
Elmwood Developed Lots For Sale

Lot 66 Hurff Drive, Elmwood, IL 61529

$42,000

Newly developed lots available in Elmwood, Illinois.

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Residential Lot in Elmwood, IL
Residential Lot in Elmwood, IL

HURFF Drive lot: 79, Elmwood, IL 61529

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0.66 AC lot

Residential building lot near Maple Lane Country Club.

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Residential Lot in Elmwood, IL
Residential Lot in Elmwood, IL

HURFF Drive lot: 80, Elmwood, IL 61529

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0.71 AC lot

Residential lot with utilities in Fairground Acres Subdivision.

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Residential Lot in Elmwood, IL
Residential Lot in Elmwood, IL

N HURFF Drive lot: 86, Elmwood, IL 61529

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0.73 AC lot

Almost 3/4 acre residential lot available in Elmwood, IL.

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Farmington, IL Residential Income Properties Market Trends and Statistics

Explore 2 residential income properties for sale in Farmington, IL on our real estate platform. These investment opportunities span a total of 1,408 square feet of properties for sale, with an estimated market value of $496,000.

Sale prices for residential income properties in Farmington, IL start at $97,000, averaging $248,000, and reaching up to $399,000 — 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

Multifamily properties 2
Duplexes 1
Quadplexes 1

Demographics Overview

Population 3,018
Population Growth (5Y) -9.5%
Median Household Income $64,875
College Educated 36.6%

Taxes & Financing

Tax Rate (average for all types) 9.38%
Tax Rate vs County Average 0.26 pp above county avg
Average Loan-to-Value 65.0%

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