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    Jacksonville, IL Residential Income Properties for Sale

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    Virginia, IL Winchester, IL New Berlin, IL
    8 listings
    Four-Unit Residential Income Building
    $169,900
    Four-Unit Residential Income Building

    739 W STATE Street, Jacksonville, IL 62650

    Four-unit property with covered porches, hardwood floors, and individual gas furnaces plus central air in each unit.
    • 4‑unit building "The Bon Air" built in 1890
    • Unit mix: two 2‑bedroom units and two 1‑bedroom units
    • Each unit has its own gas furnace and central air unit, and tenants pay their own electric
    • Includes HW floors, detailed trim, and tall ceilings
    • Long‑term tenant occupancy noted; covered porches on the main floor units
    Updated: Jun 5
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    Unique Multifamily Asset in Jacksonville
    $2,800,000
    Unique Multifamily Asset in Jacksonville

    500 W State St, Jacksonville, IL 62650

    58-unit multifamily property with distinctive architectural character in Jacksonville, Illinois.
    • Unique architectural character from its original construction as a school building.
    • Centralized location in an established residential corridor with easy access to employment, retail, and community services.
    • Proximity to Jacksonville Shoppes, Wal‑Mart Plaza, and Passavant Area Hospital.
    • Consistent rental demand supported by Illinois College and other local employers.
    • Located within Jacksonville School District 117 attendance area and near major roadways.
    Updated: Apr 3
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    Mixed-Use Commercial Property
    $2,000,000
    17,100 SF
    Mixed-Use Commercial Property

    Multi-building mixed-use asset with retail, office, and residential income units plus ample parking and expansion land.

    1111 W MORTON Avenue, Jacksonville, IL 62650

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    Unique Mixed-Use Property in Jacksonville
    $450,000
    4.22 Acres
    Unique Mixed-Use Property in Jacksonville

    Versatile property with residential and commercial zoning, endless possibilities.

    352 FRANKLIN Street, Jacksonville, IL 62650

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    Unique Mixed-Use Property Opportunity
    $450,000
    4.22 Acres
    Unique Mixed-Use Property Opportunity

    Versatile property with residential and commercial zoning in Jacksonville, IL.

    352 FRANKLIN Street, Jacksonville, IL 62650

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    Historic Mixed-Use Building For Sale
    $149,900
    6,412 SF
    Historic Mixed-Use Building For Sale

    All-brick historic building with garage, ideal for mixed-use development.

    326 West State Street, Jacksonville, IL 62650

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    Unique Multifamily Asset in Jacksonville
    $2,800,000
    73,791 SF
    Unique Multifamily Asset in Jacksonville

    58-unit multifamily property with distinctive architectural character in central Illinois.

    500 W State St, Jacksonville, IL 62650

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    Historic Mixed-Use Building in Jacksonville
    $149,900
    7,976 SF
    Historic Mixed-Use Building in Jacksonville

    All-brick building near courthouse, ideal for mixed-use development.

    326 W STATE Street, Jacksonville, IL 62650

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    Based on your search, we've compiled 16 Potential Opportunities for your consideration. Besides 8 Active listings in Jacksonville, 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.

    Springfield Multifamily Investment Opportunity
    $749,800
    6.60 Acres
    Springfield Multifamily Investment Opportunity

    Fully occupied 10-unit property on 6.5 acres with development potential.

    2510 & 2518 W JEFFERSON Street, Springfield, IL 62702

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    Six-Unit Apartment Building
    $209,900
    Six-Unit Apartment Building

    Turnkey all-electric six-unit building with 1-bedroom layouts, fully occupied and positioned for straightforward ownership.

    130 W JACKSON Street, Virden, IL 62690

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    Income-Generating Mobile Home Park
    $409,900
    2.40 Acres
    Income-Generating Mobile Home Park

    2.4-acre mobile home park with 14 rental units.

    JONES Street, Virden, IL 62690

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    Fully Leased Springfield Duplex
    $175,000
    2,000 SF
    Fully Leased Springfield Duplex

    Investment opportunity: fully leased duplex with two-bedroom units.

    1038 W MAPLE Avenue, Springfield, IL 62704

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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.

    Residential Lot Near Springfield
    Contact for pricing
    Residential Lot Near Springfield

    Buildable lot in established New Berlin neighborhood, near Springfield.

    720 MOLLY Lane, New Berlin, IL 62670

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    Residential Land in Centennial Park
    $63,000
    Residential Land in Centennial Park

    Residential lot for sale in Springfield's Centennial Park.

    6108 Greenwalt Drive, Springfield, IL 62711

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    Residential Land in Centennial Park
    $169,900
    1.50 Acres
    Residential Land in Centennial Park

    1.5 acre residential lot for estate home construction.

    Centennial Park Street lot: 67, Springfield, IL 62711

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    Centennial Park Estate Home Lot
    $169,900
    1.31 Acres
    Centennial Park Estate Home Lot

    Large 1.31-acre lot for estate home in Springfield, IL.

    Centennial Park Street lot: 68, Springfield, IL 62711

    View details

    Jacksonville, IL Residential Income Properties Market Trends and Statistics

    Explore 8 residential income properties for sale in Jacksonville, IL, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 105,279 square feet of properties for sale, with an estimated market value of $5,099,800.

    Sale prices for residential income properties in Jacksonville, IL start at $149,900, averaging $1,274,950, and reaching up to $2,800,000 — 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

    Multifamily properties 5
    Apartment buildings 4
    Quadplexes 1

    Demographics Overview

    Population 24K
    Population Growth (5Y) -9.1%
    Median Household Income $64,137
    College Educated 16.5%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    62650 $1.3M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Morgan County

    New Delisted

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