Residential Income

Ohio, IL Residential Income Properties for Sale

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Walnut, IL Princeton, IL Sublette, IL Dixon, IL Amboy, IL Deer Grove, IL Wyanet, IL Mendota, IL
Historic 5-6 Unit Apartment Building
Updated: Apr 12
Historic 5-6 Unit Apartment Building

109 N Memorial St, Ohio, IL 61349

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5–6 unit historic apartment building originally built as a Catholic school over 100 years ago
Roof is approximately 5 years old and described as a huge 53‑square roof
Hard yellow southern pine floors through much of the building and many units feature open floor plans
Exterior wall construction: 30 thick below the exterior sandstone ledge and 24 thick above; interior walls are 2 x 6 construction
Heating: all apartments are electric heat except one unit with gas forced air
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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 9 Potential Opportunities for your consideration. Besides 1 Active listings in Ohio, 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.

Two-Story Mixed-Use Building
Two-Story Mixed-Use Building

902 N Main St, Princeton, IL 61356

$299,000
9,200 sqft

Two floors combine commercial areas with rental units and substantial building updates.

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Historic Mixed-Use Building
Historic Mixed-Use Building

902 N Main Street, Princeton, IL 61356

$299,000
0.11 AC lot

Two-story commercial property with adaptable interior areas, rental accommodations, and prominent street-facing glazing in Princeton’s Art District.

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Land
Land

8-36 Woodhaven, Sublette, IL 61367

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Mobile home & RV parks

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Move-In Ready Park Model Home
Move-In Ready Park Model Home

21-211 Woodhaven Lakes, Sublette, IL 61367

$68,000

Furnished park model near beach, pool, and Woodhaven Lake.

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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 Land in Dixon, Illinois
Residential Land in Dixon, Illinois

681 SQUIRREL CHASE lot: K, Dixon, IL 61021

$32,500

Building lot available in Dixon, Illinois.

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Sterling, IL Home Building Site
Sterling, IL Home Building Site

E 19th Street lot: 1, Sterling, IL 61081

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Residential land for sale in Tori Pines Subdivision, Sterling, IL.

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Multi-Family Zoned Development Land
Multi-Family Zoned Development Land

Plum Hollow Court, Dixon, IL 61021

$87,500
9.12 AC lot

Approximately 9.12 acres with mature trees and about 2 acres cleared, located just outside Dixon with no utilities on-site.

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Residential Land in Country Setting
Residential Land in Country Setting

713 Keller Drive lot: 27, Dixon, IL 61021

$36,500
1.41 AC lot

Large lot near city, golf, park, and river access.

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Ohio, IL Residential Income Properties Market Trends and Statistics

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

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 1
Multifamily properties 1

Demographics Overview

Population 1,039
Population Growth (5Y) +20.4%
Median Household Income $65,938
College Educated 23.7%

Taxes & Financing

Tax Rate (average for all types) 7.88%
Tax Rate vs County Average 0.69 pp below county avg
Average Loan-to-Value 65.0%

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