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    Gardner, IL
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    Gardner, IL Residential Income Properties for Sale

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    Braceville, IL Mazon, IL Essex, IL
    Converted Home with Three Apartments
    Updated: Jun 16, 2025
    Converted Home with Three Apartments

    107 N Elm Street, Gardner, IL 60424

    $215,000
    Converted home with 3 rentable apartments in Gardner
    Two 2 bed, 1 bath apartments: one on the main floor and one on the 2nd floor
    One 1 bed, 1 bath apartment on the main floor
    All 3 units are currently leased on a yearly basis
    Steam heat and public water
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, 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 Gardner, 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.

    Multifamily Property with Storage Garage
    Multifamily Property with Storage Garage

    1015 douglas Street E, Morris, IL 60450

    $600,000

    Five rented apartments plus a large storage garage with overhead doors support flexible residential and storage operations.

    View details
    Two-Unit All-Brick Ranch Duplex
    Two-Unit All-Brick Ranch Duplex

    301-303 Carriage Drive, Morris, IL 60450

    $445,000

    Two separate units with in-unit laundry, private garages, and full basements—an all-brick ranch duplex in Morris.

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    Tenant-Occupied Two-Unit Duplex
    Tenant-Occupied Two-Unit Duplex

    123 W Waupansie Street, Dwight, IL 60420

    $130,000
    0.17 AC lot

    Tenant-occupied duplex with two 3-bedroom, 1-bath units for residential rental income.

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    Historic Dwight Mixed-Use Building
    Historic Dwight Mixed-Use Building

    118 East Main Street, Dwight, IL 60420

    $250,000
    4,500 sqft

    4,200 SF mixed-use building with restaurant and apartments.

    View details

    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.

    Tranquil Semi-Wooded Acreage
    Tranquil Semi-Wooded Acreage

    211 Norfolk Way lot: 54, Essex, IL 60935

    $45,000
    1.20 AC lot

    1.2 acres in Essex Landing subdivision, ready for your dream home.

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    Residential Land in Essex Landing
    Residential Land in Essex Landing

    245 Essex Way lot: 25, Essex, IL 60935

    $36,000
    1.20 AC lot

    1.2 acre residential lot in Essex Landing subdivision.

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    Vacant Lot in Shadow Lakes
    Vacant Lot in Shadow Lakes

    124 Tully Road, Wilmington, IL 60481

    $50,000

    Versatile lot ready for camper, park model, or home.

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    Residential Lot in Wilmington, IL
    Residential Lot in Wilmington, IL

    14 S Hickory Avenue, Wilmington, IL 60481

    Contact for pricing
    0.13 AC lot

    0.13 acre residential lot in Wilmington, Illinois.

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    Gardner, IL Residential Income Properties Market Trends and Statistics

    Explore 1 residential income properties for sale in Gardner, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $215,000.

    Sale prices for residential income properties in Gardner, IL start at $215,000, averaging $215,000, and reaching up to $215,000 — 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 2,170
    Population Growth (5Y) -12.0%
    Median Household Income $81,000
    College Educated 22.3%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    60424 $215K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Grundy County

    New Delisted

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