Pontoon Beach, IL Residential income properties for sale

Updated: Jan 27

152-Unit Multifamily Investment Opportunity

101 Whitsell Way, Pontoon Beach, IL 62040

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Proximity to major employers like Amazon and World Wide Technology, plus the Gateway Commerce Center.
Immediate revenue growth potential through loss‑to‑lease capture of approximately $160 per unit and standard fee implementation.
Free and clear of existing debt, offering financing flexibility.
Centrally located minutes from Edwardsville, IL, and a 10‑minute commute to Downtown St. Louis, MO, with easy access to I‑270 and I‑255.
Limited new apartment supply in the area supports long‑term rent growth.

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1 active listing matches your search: Residential Income for sale in Pontoon Beach, 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.

Eight-Unit Apartment Buildings

1906 Rhodes St, Madison, IL 62060

$520,000

8 units 2,250 sqft 2 buildings

Two-building rental property with recent exterior and insulation improvements.

8 x 1BR/1BA

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Two-Unit Ranch Duplex

3230 Kilarney Drive, Granite City, IL 62040

$168,500

2 units 1,800 sqft Built 1967 0.15 acres

Both residences include laundry hookups and a private garage, with one unit renovated and vacant and the other occupied.

2 x 2BR/1BA Laundry hookups Garage

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Updated Four-Unit Apartment Property

1724 Kennedy Dr, Madison, IL 62060

$260,000

4 units 2,190 sqft Built 1972

Four apartment residences with recent interior and building-system improvements suited to an income-producing ownership strategy.

4 x 1BR/1BA

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6-Unit Apartment Building

Granite City, IL 62040

$285,500

6 units 2,470 sqft 1 building Built 1950 0.3 acres

100% occupied

Six one-bedroom apartments are fully occupied, with updated electrical service and newer front porches.

6 x 1BR

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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 on Pontoon Road

3945 Pontoon Road, Granite City, IL 62040

$35,000

0.31 acres Residential

Residential land in prime location on Pontoon Road.

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Residential Lot in Granite City

2116 Miracle Avenue, Granite City, IL 62040

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0.14 acres

Vacant residential lot in established Granite City neighborhood.

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Oversized Corner Lot in Granite

2701 Marshall Avenue, Granite City, IL 62040

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0.23 acres

Residential vacant corner lot in a peaceful Granite City neighborhood.

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Vacant Land in Madison, IL

217 W 2nd Street, Madison, IL 62060

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0.25 acres

Vacant lot for redevelopment in established Madison, IL neighborhood.

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Pontoon Beach, IL Residential Income Properties for Sale

101 Whitsell Way, Pontoon Beach, IL 62040