Residential Income

Grand Tower, IL Residential Income Properties for Sale

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Altenburg, MO Jackson, MO Gorham, IL Murphysboro, IL Carbondale, IL Makanda, IL Cobden, IL Oak Ridge, MO
12-Unit Apartment Property
Updated: Jul 10
12-Unit Apartment Property

612 E 3RD Avenue, Grand Tower, IL 62942

$250,000
1,250 sqft
Four apartment buildings with 12 units: 10 one‑bedroom and 2 two‑bedroom apartments
One one‑bedroom apartment is handicap accessible
One unit occupied; remaining units require varying levels of renovation
Operating as income‑based subsidized housing
Coin‑operated laundry facility
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1 active listing matches your search: Residential Income for sale in Grand Tower, IL. Based on your search, we've also compiled 8 Potential Opportunities for your consideration: 4 properties in nearby cities and 4 land listings with development potential.

Opportunities in Nearby Cities

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

Updated Duplex with Private Entrance
Updated Duplex with Private Entrance

224 s 20th Street, Murphysboro, IL 62966

$114,400
Built 1903  Multi-tenant

Two-unit residential property with separate access, refreshed finishes, and proximity to Murphysboro shops and restaurants.

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Two-Unit Duplex with Carports
Two-Unit Duplex with Carports

109 Highlander Drive #2, Carbondale, IL 62903

$122,570
2 units  1 building  Built 1980

Each residence offers two bedrooms, one bathroom, laundry connections, and access to a large yard.

2 x 2BR/1BA  Carport  Large yard  W/D hookups
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Waterfront Triplex with Decks
Waterfront Triplex with Decks

1808 PINE Street, Murphysboro, IL 62966

$62,000
3 units  1 building  Built 1923

Three apartment units include a mix of one- and two-bedroom layouts.

Utilities to site  2 x 1BR  1 x 2BR  Deck  Yard
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Four-Unit Apartment Building
Four-Unit Apartment Building

500 N Westridge Dr, Carbondale, IL 62901

$175,000
4 units  1 building  Built 1970
100% occupied

West Carbondale property with current occupancy, front parking, and updated laminate flooring in three apartments.

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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.

Multifamily Land for Sale
Multifamily Land for Sale

1810 Old W Main St, Carbondale, IL 62901

$33,500
0.87 acres

0.87 acre lot zoned R-3 near shopping center.

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Residential Land Lot for Custom Build
Residential Land Lot for Custom Build

Heritage Farm Lane lot: 6, Jackson, MO 63755

$95,000
1.47 AC lot

Construction-ready residential lot with county water and electric available for a custom home build.

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Residential Land Lot for Custom Build
Residential Land Lot for Custom Build

Heritage Farm Lane lot: 7, Jackson, MO 63755

$95,000
1.48 AC lot

Residentially zoned lot with county water and electric available, suited for a custom home build.

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Construction-Ready Residential Lot
Construction-Ready Residential Lot

Heritage Farm Lane lot: 2, Jackson, MO 63755

$90,000
1.16 AC lot

Residential lot with utilities available for custom home builds in Jackson, Missouri.

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Grand Tower, IL Residential Income Properties Market Trends and Statistics

Explore 1 residential income properties for sale in Grand Tower, IL on our real estate platform. These investment opportunities span a total of 1,250 square feet of properties for sale, with an estimated market value of $250,000.

Sale prices for residential investment properties in Grand Tower, IL average $250,000 — 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 670
Population Growth (5Y) +20.1%
Median Household Income $50,278
College Educated 2.8%

Taxes & Financing

Tax Rate (average for all types) 9.36%
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Jackson County

New Delisted

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