South Wilmington, IL Residential income properties for sale

Updated: Aug 7

Two-Home Multifamily Property

650 & 660 W Elm Street, South Wilmington, IL 60474

$399,000

Two ranch homes situated on a single in‑town parcel
2007 modular home with 3 bedrooms, 2 full baths, patio, and storage shed
Second residence includes 2 bedrooms, 1 full bath, replacement windows, and enclosed rear porch
One home is tenant‑occupied; the other is vacant
Detached 2‑car garage for vehicles, storage, or workshop use

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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 South Wilmington, 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.

Apartment Building with Storage Garage

1015 douglas Street E, Morris, IL 60450

$600,000

Five fully rented apartments plus a large storage garage with overhead doors for drive-in, drive-out access.

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Duplex with Tenant-Paid Utilities

123 W Waupansie Street, Dwight, IL 60420

$130,000

0.17 AC lot

Two-unit duplex with tenant-paid utilities, each unit offering three bedrooms and one full bathroom.

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Multifamily with Storage Garage

1015 Douglas Street, Morris, IL 60450

$600,000

Fully rented 5-unit apartment building with a large storage garage and overhead doors for drive-through access.

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24-Unit HUD-Subsidized Apartment Building

111 Bannon, Dwight, IL 60420

Contact for pricing

16,160 sqft

Well-maintained 24-unit multifamily property with HUD subsidy support and 2024 pro-forma NOI of $146,467.

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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.

Tranquil Semi-Wooded Acreage

211 Norfolk Way lot: 54, Essex, IL 60935

$45,000

1.20 AC lot

1.2 acres in Essex Landing subdivision, ready for your dream home.

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Residential Land in Essex Landing

245 Essex Way lot: 25, Essex, IL 60935

$36,000

1.20 AC lot

1.2 acre residential lot in Essex Landing subdivision.

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Residential Lot in Wilmington, IL

14 S Hickory Avenue, Wilmington, IL 60481

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0.13 AC lot

0.13 acre residential lot in Wilmington, Illinois.

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Wilmington, IL Land For Sale

S Hickory Avenue lot: 26-33, Wilmington, IL 60481

Contact for pricing

0.38 AC lot

Land available in Wilmington, Illinois.

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South Wilmington, IL Residential Income Properties Market Trends and Statistics

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

Sale prices for residential income properties in South Wilmington, IL average $399,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

South Wilmington, IL Residential Income Properties for Sale

650 & 660 W Elm Street, South Wilmington, IL 60474