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    Hoopeston, IL
    Residential Income

    Hoopeston, IL Residential Income Properties for Sale

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    Potomac, IL Alvin, IL Cissna Park, IL Boswell, IN Milford, IL Penfield, IL Danville, IL West Lebanon, IN
    Triplex with Mixed Unit Layout
    Updated: Aug 12
    Triplex with Mixed Unit Layout

    412 E Main Street, Hoopeston, IL 60942

    $60,000
    Triplex with two 1 bed/1 bath units and one 2 bed/1 bath unit
    MULTI zoning
    Professionally managed with long‑term tenants
    Assigned, off‑street parking located off the alley
    Public water and public sewer
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    Three-Unit Residential Property
    Updated: Aug 12
    Three-Unit Residential Property

    514 E Main Street, Hoopeston, IL 60942

    $65,000
    Three‑unit residential property at 514 E Main Street
    Five bedrooms and three bathrooms
    Basement included
    Vinyl siding exterior
    Electric and natural gas heating
    View details
    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 Hoopeston, 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.

    Two-Story Triplex with Garage
    Two-Story Triplex with Garage

    306 N Jefferson Avenue, Fowler, IN 47944

    $150,000
    3,228 sqft 0.20 AC lot

    Three leased apartments include a mix of two- and one-bedroom layouts, plus outdoor amenities and storage.

    View details
    Mixed-Use Property with Bar
    Mixed-Use Property with Bar

    124 & 126 E Mcconnell St, Oxford, IN 47971

    $249,000
    4,040 sqft

    Two adjoining buildings combine an operating tavern, leased apartments, and flexible commercial-use potential.

    View details
    Two-Story Triplex with Garage
    Two-Story Triplex with Garage

    306 N Jefferson Ave, Fowler, IN 47944

    $150,000
    3,228 sqft

    Fully occupied three-unit property with a corner-lot yard, patio area, and detached storage space.

    View details
    Bar with Two Apartments
    Bar with Two Apartments

    124 & 126 E McConnell Street, Oxford, IN 47971

    $249,000
    0.11 AC lot

    Mixed-use property with an operating tavern and leased residential units.

    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.

    Residential Land in Growing Area
    Residential Land in Growing Area

    N Stokes Street lot: 4, Boswell, IN 47921

    Contact for pricing
    0.16 AC lot

    Multi-family lot near Purdue, ideal for investors and developers.

    View details
    Residential Land Near Purdue University
    Residential Land Near Purdue University

    N Stokes Street lot: 1-20, Boswell, IN 47921

    $149,750
    2.01 AC lot

    12-lot multi-family subdivision near Purdue University with city utilities.

    View details
    Residential Land in Growing Area
    Residential Land in Growing Area

    E North Street lot: 20, Boswell, IN 47921

    Contact for pricing
    0.17 AC lot

    Multi-family R-3 zoned lot near Purdue University.

    View details
    Lakefront Acreage in Lakewood Estates
    Lakefront Acreage in Lakewood Estates

    DOR1701B Henning Road lot: Dor1701b, Danville, IL 61834

    $115,000
    8.15 AC lot

    8.15 acres on Beaver Lake, ideal for building a home.

    View details

    Hoopeston, IL Residential Income Properties Market Trends and Statistics

    Explore 2 residential income properties for sale in Hoopeston, IL on our real estate platform.

    Sale prices for residential income properties in Hoopeston, IL start at $60,000, averaging $62,500, and reaching up to $65,000 — 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
    Triplexes 2

    Demographics Overview

    Population 5,635
    Population Growth (5Y) -4.0%
    Median Household Income $55,284
    College Educated 11.2%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    60942 $85K

    Taxes & Financing

    Tax Rate (average for all types) 10.03%
    Tax Rate vs County Average 0.91 pp above county avg
    Average Loan-to-Value 65.0%

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