Residential Income

Jacksonville, IL Residential Income Properties for Sale

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Franklin, IL Virginia, IL Winchester, IL New Berlin, IL Meredosia, IL Waverly, IL Roodhouse, IL Pleasant Plains, IL
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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2-Unit Duplex with Separate Furnaces
2-Unit Duplex with Separate Furnaces

429 S Church Street, Jacksonville, IL 62650

$84,900
2 units  Built 1930

Each residence has its own furnace and window air-conditioning units.

Furnace  Window A/C units  Washer/dryer hookup
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3 active listings match your search: Residential Income for sale in Jacksonville, 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.

Vaulted-Ceiling Duplex
Vaulted-Ceiling Duplex

2704 Johnathan Place, Springfield, IL 62711

$310,000
2 units  2,611 sqft  1 building  Built 2007

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

Central air conditioning  Yard  Patio  Partially fenced
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10-Unit Condo Community
10-Unit Condo Community

1720 MAGNOLIA Drive, Chatham, IL 62629

$3,400,000
10 units  4 buildings  Built 2026

Four-building development features consistent two-bedroom layouts and open living-dining areas.

2.0/unit parking  10 x 2BR/2BA
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10-Unit Multifamily Community
10-Unit Multifamily Community

1720 MAGNOLIA Drive, Chatham, IL 62629

$3,400,000
10 units  4 buildings  Built 2026

The four-building development combines consistent condo layouts under a single association.

20 spaces (2.0/unit)  10 x 2BR/2BA
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Four-Unit Building with Rear Decks
Four-Unit Building with Rear Decks

2811 MONMOUTH Court, Springfield, IL 62704

$359,900
4 units  1 building  Built 1979
Highway access  Road access

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

4 x 2BR/1BA  Washer/dryer hookups  Rear deck  Off-street parking  Private backyard
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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 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
1.5 acres

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 acres

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.

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Jacksonville, IL Residential Income Properties Market Trends and Statistics

Explore 3 residential income properties for sale in Jacksonville, IL, showcased through 3 active listings on our real estate platform.

Sale prices for residential investment properties in Jacksonville, IL start at $84,900, averaging $304,966, and reaching up to $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

Multifamily properties 3
Apartment buildings 2
Duplexes 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 $415K

Taxes & Financing

Average Loan-to-Value 65.0%

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