Residential Income

Lena, IL Residential Income Properties for Sale

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Single-Story 16-Unit Apartment Building
Updated: Oct 28
Single-Story 16-Unit Apartment Building

1008 S Logan St, Lena, IL 61048

$649,900
12,545 sqft 1.90 AC lot
16 apartments: 8 studios and 8 two‑bedroom units
12,545‑square‑foot, single‑story building constructed in 1978
Studio units are approximately 529 square feet; two‑bedroom units are approximately 634 square feet
Each apartment has its own bathroom
Ten units are vacant; most are in rentable condition with light work needed
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1 active listing matches your search: Residential Income for sale in Lena, 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.

Mixed-Use Building with Apartments
Mixed-Use Building with Apartments

117 S Main, Stockton, IL 61085

$125,000
3,100 sqft  0.08 acres  1 building  Built 1893  Multi-tenant
Highway access + Road access

A ground-floor storefront and two upstairs apartments provide a combination of commercial and residential space.

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Mixed-Use Property with Airbnb
Mixed-Use Property with Airbnb

126 S Main Street, Stockton, IL 61085

$115,000
2,228 sqft  0.08 acres  Built 1940

Two-level commercial property combines furnished short-term lodging with flexible office or retail space.

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Duplex Requiring Rehabilitation
Duplex Requiring Rehabilitation

308 N Cherry, Freeport, IL 61032

Contact for pricing
2 units  1,072 sqft  1 building  2-story

Two-level residential income property requires substantial renovation before occupancy.

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Tenant-Occupied Duplex Investment
Tenant-Occupied Duplex Investment

211-211 1/2 N West Avenue, Freeport, IL 61032

$97,000
2 units  Built 1897

Duplex offers two two-bedroom, one-bath units, currently tenant occupied and sold as part of a portfolio.

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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.

Vacant Lot in Lena, IL
Vacant Lot in Lena, IL

5314 N Timber Ridge Road, Lena, IL 61048

$42,000
2 acres

Build your dream home in a charming small town.

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Vacant Lot in Lena, Illinois
Vacant Lot in Lena, Illinois

5412 N Timber Ridge Road, Lena, IL 61048

$44,000
2.45 acres

Build your dream home in a charming small town.

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Vacant Lot in Lena, IL
Vacant Lot in Lena, IL

5442 N Timber Ridge Road, Lena, IL 61048

$43,000
2.24 acres

Build your dream home in a charming small town.

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Vacant Lot in Lena, IL
Vacant Lot in Lena, IL

5482 N Timber Ridge Road, Lena, IL 61048

$39,000
2.04 acres

Build your dream home in a charming small town!

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Lena, IL Residential Income Properties Market Trends and Statistics

Explore 1 residential income properties for sale in Lena, IL on our real estate platform. These investment opportunities span a total of 12,545 square feet of properties for sale, with an estimated market value of $649,900.

Sale prices for residential investment properties in Lena, IL average $649,900 — 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 3,848
Population Growth (5Y) -0.7%
Median Household Income $87,604
College Educated 37.3%

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Stephenson County

New Delisted

Total CRE Inventory on Market (SF)

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