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    Morgan County, IL Residential Income Properties for Sale

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    Apartment Building with Gymnasium
    Updated: Sep 12, 2025
    Apartment Building with Gymnasium

    352 FRANKLIN Street, Jacksonville, IL 62650

    $450,000
    4.22 AC lot
    4.22‑acre lot for residential and commercial‑compatible space
    Lower level includes a full gymnasium and locker rooms
    Main floor has tenant‑occupied residential units
    Includes an auditorium and kitchen and bathroom spaces
    Brick construction with concrete flooring and composition roof
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    Apartment Building with Gymnasium
    Updated: Sep 12, 2025
    Apartment Building with Gymnasium

    352 FRANKLIN Street, Jacksonville, IL 62650

    $450,000
    4.22 AC lot
    4.22‑acre lot with brick apartment building built in 1939
    Main floor is residential‑zoned and includes tenant‑occupied units
    Lower level includes a complete gymnasium and locker rooms
    Commercial zoning on the lower level with auditorium and versatile interiors
    On‑site oversize parking
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    Unique Multifamily Asset in Jacksonville
    Unique Multifamily Asset in Jacksonville

    500 W State St, Jacksonville, IL 62650

    $2,800,000

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

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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 7 Potential Opportunities for your consideration. Besides 3 Active listings in Morgan County, IL, we suggest exploring several alternatives: plus 4 Land Listings that present a potential for development.

    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.

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    Morgan County, IL Residential Income Properties Market Trends and Statistics

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

    Sale prices for residential income properties in Morgan County, IL start at $450,000, averaging $1,233,333, 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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