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    Morgan County, IL Residential Income Properties for Sale

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    Chicago, IL Springfield, IL Rockford, IL
    8 properties
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    Four-Unit Residential Income Building
    Updated: Jun 5
    Four-Unit Residential Income Building

    739 W STATE Street, Jacksonville, IL 62650

    $169,900
    4‑unit building "The Bon Air" built in 1890
    Unit mix: two 2‑bedroom units and two 1‑bedroom units
    Each unit has its own gas furnace and central air unit, and tenants pay their own electric
    Includes HW floors, detailed trim, and tall ceilings
    Long‑term tenant occupancy noted; covered porches on the main floor units
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    Unique Multifamily Asset in Jacksonville
    Updated: Apr 3
    Unique Multifamily Asset in Jacksonville

    500 W State St, Jacksonville, IL 62650

    $2,800,000
    Unique architectural character from its original construction as a school building.
    Centralized location in an established residential corridor with easy access to employment, retail, and community services.
    Proximity to Jacksonville Shoppes, Wal‑Mart Plaza, and Passavant Area Hospital.
    Consistent rental demand supported by Illinois College and other local employers.
    Located within Jacksonville School District 117 attendance area and near major roadways.
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    Mixed-Use Commercial Property
    Mixed-Use Commercial Property

    1111 W MORTON Avenue, Jacksonville, IL 62650

    $2,000,000
    17,100 sqft · 3.50 AC lot

    Multi-building mixed-use asset with retail, office, and residential income units plus ample parking and expansion land.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Unique Mixed-Use Property in Jacksonville
    Unique Mixed-Use Property in Jacksonville

    352 FRANKLIN Street, Jacksonville, IL 62650

    $450,000
    4.22 AC lot

    Versatile property with residential and commercial zoning, endless possibilities.

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    Unique Mixed-Use Property Opportunity
    Unique Mixed-Use Property Opportunity

    352 FRANKLIN Street, Jacksonville, IL 62650

    $450,000
    4.22 AC lot

    Versatile property with residential and commercial zoning in Jacksonville, IL.

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    Historic Mixed-Use Building For Sale
    Historic Mixed-Use Building For Sale

    326 West State Street, Jacksonville, IL 62650

    $149,900
    6,412 sqft

    All-brick historic building with garage, ideal for mixed-use development.

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    Unique Multifamily Asset in Jacksonville
    Unique Multifamily Asset in Jacksonville

    500 W State St, Jacksonville, IL 62650

    $2,800,000
    73,791 sqft

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

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    Historic Mixed-Use Building in Jacksonville
    Historic Mixed-Use Building in Jacksonville

    326 W STATE Street, Jacksonville, IL 62650

    $149,900
    7,976 sqft

    All-brick building near courthouse, ideal for mixed-use development.

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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 8 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 8 residential income properties for sale in Morgan County, IL, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 105,279 square feet of properties for sale, with an estimated market value of $5,099,800.

    Sale prices for residential income properties in Morgan County, IL start at $149,900, averaging $1,274,950, 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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