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    Residential Income

    Jacksonville, IL Residential Income Properties for Sale

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    Mixed-Use Building with Gymnasium
    Updated: Sep 12, 2025
    Mixed-Use Building with Gymnasium

    352 FRANKLIN Street, Jacksonville, IL 62650

    $415,000
    4.22 AC lot
    4.22‑acre mixed‑use property in Jacksonville, Illinois
    Main floor zoned residential with tenant‑occupied units
    Lower level includes a full gymnasium and locker rooms
    Commercial zoning on the lower level
    Interior includes a kitchen, bathrooms, and auditorium
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    Apartment Building with Gymnasium
    Updated: Sep 12, 2025
    Apartment Building with Gymnasium

    352 FRANKLIN Street, Jacksonville, IL 62650

    $415,000
    4.22 AC lot
    4.22‑acre apartment property at 352 FRANKLIN Street, Jacksonville, IL 62650
    Main floor includes tenant‑occupied residential units
    Lower level has commercial zoning, a full gymnasium, locker rooms, auditorium, kitchen, and bathrooms
    Brick construction completed in 1939
    Oversized parking area
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    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 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.

    Vaulted-Ceiling Duplex
    Vaulted-Ceiling Duplex

    2704 Johnathan Place, Springfield, IL 62711

    $345,000
    2,611 sqft

    Finished basement, patio, and partially fenced yard expand the property’s practical living and outdoor areas.

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    Two-Story Mixed-Use Building
    Two-Story Mixed-Use Building

    145 N SPRINGFIELD Street, Virden, IL 62690

    $300,000

    Mixed-use property combining commercial storefronts and residential apartments with existing occupancy.

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    As-Is Multifamily Property
    As-Is Multifamily Property

    403 N Finis Street, Virden, IL 62690

    $185,000

    Multiple bedrooms and bathrooms are supported by public utilities and forced-air natural-gas heating.

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    Four-Unit Building with Rear Decks
    Four-Unit Building with Rear Decks

    2811 MONMOUTH Court, Springfield, IL 62704

    $359,900

    Well-maintained multifamily property with practical layouts, individual utility responsibility, outdoor space, and off-street parking.

    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 Centennial Park
    Residential Land in Centennial Park

    6108 Greenwalt Drive, Springfield, IL 62711

    $63,000

    Residential lot for sale in Springfield's Centennial Park.

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    Residential Land in Centennial Park
    Residential Land in Centennial Park

    Centennial Park Street lot: 67, Springfield, IL 62711

    $169,900
    1.50 AC lot

    1.5 acre residential lot for estate home construction.

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    Centennial Park Estate Home Lot
    Centennial Park Estate Home Lot

    Centennial Park Street lot: 68, Springfield, IL 62711

    $169,900
    1.31 AC lot

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

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    Residential Land in Springfield, IL
    Residential Land in Springfield, IL

    2501 CENTENNIAL Drive, Springfield, IL 62711

    $49,000

    Residential land for sale in Centennial Park Place.

    View details

    Jacksonville, IL Residential Income Properties Market Trends and Statistics

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

    Sale prices for residential income properties in Jacksonville, IL average $415,000 — 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 2
    Multifamily properties 2

    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 $1.2M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Morgan County

    New Delisted

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