Manhattan, IL Residential income properties for sale

Updated: May 13

Brick Four-Unit Multifamily Property

265 E Prairie Street, Manhattan, IL 60442

Contact for pricing

Fully occupied 4‑unit brick building built in 1969
Unit mix: three 2BD/1BA units and one 1BD/1BA unit
Most interior updates completed within the last 3 years
All‑electric utilities with electric heat and separate electric hot water heaters for simplified management
Roof and windows updated within the last 11 years; renovated common laundry area

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Updated: May 13

Brick 4-Unit Multifamily Investment

275 E Prairie Street, Manhattan, IL 60442

Contact for pricing

1969‑built, solid brick 4‑unit multifamily building with fully occupied status
Unit mix: three 2‑bedroom, 1‑bath units and one 1‑bedroom, 1‑bath unit
Most interiors updated within the last 3 years
All‑electric setup with electric heat and separate electric hot water heaters
Updated windows within the last 11 years and renovated common laundry area

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 Manhattan, 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.

Updated Duplex for Income

1307 E Cass Street, Joliet, IL 60432

$338,999

0.10 AC lot

Two-unit duplex with 2026 kitchen and bath updates, hardwood floors, and outdoor deck/patio features on a small lot.

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Duplex with Garage and Separate Utilities

1236 S Washington Street, Lockport, IL 60441

$489,000

Two 2-bedroom units with separate utilities, plus off-street parking and a garage for upstairs use.

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Five-Unit Residential Property For Sale

1709 South State Street, Lockport, IL 60441

$599,000

Five-unit residential property near train, downtown, and highways.

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Two to Four Units / 2 Flat

132 Akin Avenue, Joliet, IL 60433

$295,900

Duplexes

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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.

10 Acres in Downtown Manhattan

W Waterford Lane, Manhattan, IL 60442

$600,000

10.00 AC lot

10 acres of land zoned for duplex units.

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Briarwood Place Townhome Land Opportunity

1351 E Lincoln Highway, New Lenox, IL 60451

$999,995

9.90 AC lot

Shovel-ready land assembly for townhome development in New Lenox, IL.

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Residential Land in Steeple Run

1245 GEORGIAS Way, New Lenox, IL 60451

$1,490,900

0.49 AC lot

Desirable lot in New Lenox's prestigious Steeple Run subdivision.

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Mokena Land with Development Potential

10508 W La Porte Road, Mokena, IL 60448

$699,000

5.00 AC lot

Five acres with existing home and plans for nine homesites.

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Manhattan, IL Residential Income Properties for Sale

265 E Prairie Street, Manhattan, IL 60442

275 E Prairie Street, Manhattan, IL 60442