Residential Income

Morgan County, IL Residential Income Properties for Sale

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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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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 6 Potential Opportunities for your consideration. Besides 2 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 2 residential income properties for sale in Morgan County, IL on our real estate platform.

Sale prices for residential income properties in Morgan County, IL average $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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