Residential Income

Morrisonville, IL Residential Income Properties for Sale

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Two-Story Mixed-Use Bar Property
Updated: Aug 6
Two-Story Mixed-Use Bar Property

501 Sarpy Street, Morrisonville, IL 62546

$365,000
0.80 AC lot
Two‑story brick mixed‑use property at 501 Sarpy Street, Morrisonville, IL 62546
Operating bar and entertainment space with indoor and outdoor gaming areas
24‑foot shuffleboard table
Outdoor beer garden with additional seating and event space
Three‑bedroom upstairs apartment with one full bathroom and laundry room
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1 active listing matches your search: Residential Income for sale in Morrisonville, 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.

Duplex with Heated Sunroom
Duplex with Heated Sunroom

711 Panther Drive, Pana, IL 62557

$369,900
2 units  1,755 sqft  1 building  Built 2019

A 3-bedroom, 2-bath layout includes full handicap accessibility and kitchen appliances.

Sunroom  Covered front porch  Concrete patio  Established landscaping  Oversized garage  Full handicap accessibility
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Mixed-Use Property with Retail Space
Mixed-Use Property with Retail Space

120 W Union Avenue, Litchfield, IL 62056

$265,000
Business included  0.25 acres  1 building
Road access

An indoor market has more than 40 vendor booths, alongside a renovated upstairs apartment.

Utilities to site  Private off-street customer parking  Operational elevator  Dumbwaiter  Separately metered spaces
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Apartment Building with Coin Laundry
Apartment Building with Coin Laundry

300 E 2nd St, Pana, IL 62557

$179,000
7 units  2,116 sqft  Built 1890  Multi-tenant
100% occupied

Fully leased residential property with renovated unit, updated roofing, and shared laundry facilities.

7 x 1BR/1BA  Coin-operated laundry area
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Mixed-Use Property with Restaurant
Mixed-Use Property with Restaurant

121 E Union Ave, Litchfield, IL 62056

$242,000
2 buildings  Multi-tenant

Two downtown buildings combine an operating restaurant, commercial kitchen, dining space, bar area, and occupied apartments.

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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.

Residential Lot in Taylorville, IL
Residential Lot in Taylorville, IL

LAKESIDE Drive lot: 10, Taylorville, IL 62568

$44,900

Residential lot suitable for building with walkout basement potential.

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Residential Land in Girard, IL
Residential Land in Girard, IL

403 S 4TH Street, Girard, IL 62640

Contact for pricing

Double lot in established neighborhood, near historic Route 66.

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Residential Lot in Virden, IL
Residential Lot in Virden, IL

18880 PERRY Drive, Virden, IL 62690

Contact for pricing

Spacious residential lot with utilities available in Virden, Illinois.

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Nilwood Land Parcel For Sale
Nilwood Land Parcel For Sale

L 6 7 8 Ryder Street, Nilwood, IL 62672

Contact for pricing
0.7 acres

Almost one acre lot suitable for residential development.

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Morrisonville, IL Residential Income Properties Market Trends and Statistics

Explore 1 residential income properties for sale in Morrisonville, IL on our real estate platform.

Sale prices for residential investment properties in Morrisonville, IL average $365,000 — 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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Demographics Overview

Population 1,394
Population Growth (5Y) -14.2%
Median Household Income $88,462
College Educated 21.8%

High-Yield Neighborhoods for Investment

Identify Morrisonville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
62546 $365K

Taxes & Financing

Average Loan-to-Value 65.0%

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