Residential Income

Freeburg, IL Residential Income Properties for Sale

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Belleville, IL Smithton, IL Shiloh, IL Swansea, IL New Athens, IL Fayetteville, IL Mascoutah, IL Millstadt, IL
Mixed-Use Investment Property
Updated: Nov 24, 2025
Mixed-Use Investment Property

700-700 N State St, Freeburg, IL 62243

$1,800,000
18,247 SF mixed‑use property on 1.210 acres in Freeburg, IL
4 retail/commercial spaces along State Street
Upper levels feature 8 residential units
Residential units include elevator access, fitness room, and individual storage units
Upper and commercial levels support separate income streams (retail/commercial and residential)
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Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 1 Active listings in Freeburg, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 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.

Updated 8-Unit Apartment Building
Updated 8-Unit Apartment Building

961 Belle Valley Dr, Belleville, IL 62220

$594,000
6,896 sqft

All units are rented, with improvements to kitchens, bathrooms, and select interior finishes.

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6-Unit Apartment Building
6-Unit Apartment Building

971 Belle Valley Drive, Belleville, IL 62220

$432,000
5,058 sqft

Interior improvements and parking-lot work serve a six-apartment property with consistent two-bedroom layouts.

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8-Unit Updated Apartment Building
8-Unit Updated Apartment Building

961 Belle Valley Drive, Belleville, IL 62220

$594,000
6,896 sqft 0.44 AC lot

Eight two-bedroom residences offer consistent layouts, with select interior improvements across the property.

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Updated 6-Unit Apartment Building
Updated 6-Unit Apartment Building

971 Belle Valley Drive, Belleville, IL 62220

$432,000
5,058 sqft 0.29 AC lot

Two-bedroom apartments with refreshed interiors, on-site parking, and individually serviced cooling systems.

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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.

New Home in Meadow Pines
New Home in Meadow Pines

440 Foxtail Drive, Freeburg, IL 62243

$400,000

New single-family home with basement in country setting.

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Residential Land in Established Subdivision
Residential Land in Established Subdivision

Hickory Drive, Freeburg, IL 62243

$39,000

Corner lot in Freeburg, utilities available, ready for building.

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Residential Land in Established Subdivision
Residential Land in Established Subdivision

103 Draco Drive, Freeburg, IL 62243

Contact for pricing
0.29 AC lot

Corner lot in Freeburg, ready for your dream home.

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Residential Land in Established Subdivision
Residential Land in Established Subdivision

109 Willow Drive, Freeburg, IL 62243

$32,500
0.28 AC lot

Residential land for building a home in Freeburg, Illinois.

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Off-Market Properties in Freeburg, IL

Consider similar Off-Market properties in Freeburg, 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.

15 State St
MOBILE HOME PARK, TRAILER PARK

15 State St, Freeburg, IL 62243-1437

Estimated value:
$345,000
7.65 AC lot
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3569 Old Freeburg Rd
MOBILE HOME PARK, TRAILER PARK

3569 Old Freeburg Rd, Freeburg, IL 62243-2105

Estimated value:
$290,000
5.01 AC lot
View details
3965 Old Freeburg Rd
MOBILE HOME PARK, TRAILER PARK

3965 Old Freeburg Rd, Freeburg, IL 62243-2113

Estimated value:
$250,000
13.75 AC lot
View details

Freeburg, IL Residential Income Properties Market Trends and Statistics

Explore 4 residential income properties for sale in Freeburg, IL on our real estate platform.

Sale prices for residential investment properties in Freeburg, IL average $1,800,000 — 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 6,522
Population Growth (5Y) +12.6%
Median Household Income $93,328
College Educated 48.6%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
62243 $1.8M

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in St. Clair County

New Delisted

Total CRE Inventory on Market (SF)

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