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    Tallula, IL Residential Income Properties for Sale

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    Pleasant Plains, IL Petersburg, IL Salisbury, IL
    Tallula Multifamily Investment Opportunity
    $94,900
    Tallula Multifamily Investment Opportunity

    102 MAIN Street, Tallula, IL 62688

    Three apartments, storage garage, and vacant lots for sale.
    • Three rental apartments at 102, 104, and 106 E Main St in Tallula, IL, with 2 of 3 units currently rented
    • Current income: 2 apartments rented; total potential rent is $2,150/month
    • Unit mix: 102 N Ewing (upper) 1 bed/1 bath; 102 E Main (lower) 1 bed/1 bath; 104 E Main 2 bed/1 bath
    • Five total parcels included: rentals 005 & 006, storage garage 007, and vacant lots 008 & 009 (16‑07‑102‑005, 006, 007, 008, 009)
    • Brick construction with forced‑air heating and central air cooling
    Updated: May 12
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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Tallula, 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.

    Springfield Multifamily Investment Opportunity
    $749,800
    6.60 Acres
    Springfield Multifamily Investment Opportunity

    Fully occupied 10-unit property on 6.5 acres with development potential.

    2510 & 2518 W JEFFERSON Street, Springfield, IL 62702

    View details
    Updated Home with Large Outbuilding
    $300,000
    1,700 SF
    Updated Home with Large Outbuilding

    Updated home with a large outbuilding offering multiple possibilities.

    204 W CHURCH Street, Pleasant Plains, IL 62677

    View details
    Side-by-Side Duplex with Attached Garages
    $185,000
    0.16 Acres
    Side-by-Side Duplex with Attached Garages

    Two 2-bedroom units with in-unit laundry hookups and private attached garages, with owner-paid water and sewer.

    141 N DOUGLAS Avenue, Springfield, IL 62702

    View details
    Springfield Multifamily Investment Opportunity
    $250,000
    Springfield Multifamily Investment Opportunity

    Six-unit multifamily property near Lincoln Park, fully occupied.

    524 E Ridgely Avenue, Springfield, IL 62702

    View details

    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 Petersburg, IL
    Contact for pricing
    Residential Land in Petersburg, IL

    0.90 acre residential lot, ideal for building a home.

    #1 E BLUFF Drive, Petersburg, IL 62675

    View details
    Residential Lot in East Bluff
    Contact for pricing
    0.57 Acres
    Residential Lot in East Bluff

    Residential lot in Petersburg's East Bluff Subdivision.

    45 Vista Ridge, Petersburg, IL 62675

    View details
    Residential Lot with River Views
    Contact for pricing
    0.52 Acres
    Residential Lot with River Views

    Residential land with utilities and Sangamon River Valley views.

    42 Vista Ridge, Petersburg, IL 62675

    View details
    Residential Lot in East Bluff
    Contact for pricing
    0.68 Acres
    Residential Lot in East Bluff

    Buildable lot with utilities in Petersburg's East Bluff Subdivision.

    44 Vista Ridge, Petersburg, IL 62675

    View details

    Tallula, IL Residential Income Properties Market Trends and Statistics

    Explore 1 residential income properties for sale in Tallula, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $94,900.

    Sale prices for residential income properties in Tallula, IL start at $94,900, averaging $94,900, and reaching up to $94,900 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 1
    Multifamily properties 1

    Demographics Overview

    Population 783
    Population Growth (5Y) +30.1%
    Median Household Income $62,188
    College Educated 24.2%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    62688 $94.9K

    Taxes & Financing

    Tax Rate (average for all types) 7.12%
    Tax Rate vs County Average 0.14 pp below county avg
    Average Loan-to-Value 65.0%

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