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    Tallula, IL
    Residential Income

    Tallula, IL Residential Income Properties for Sale

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    Pleasant Plains, IL Petersburg, IL Ashland, IL Salisbury, IL Athens, IL Oakford, IL Cantrall, IL Springfield, IL
    Triplex With Storage Garage and Vacant Lots
    Updated: May 12
    Triplex With Storage Garage and Vacant Lots

    102 MAIN Street, Tallula, IL 62688

    $94,900
    Triplex with three rental apartments at 102 and 104 E Main Street
    Brick construction with forced‑air heat and central air
    Includes a storage garage and two additional vacant lots
    Five total parcels: rentals 005 and 006, storage 007, vacant 008 and 009
    Year built: 1900
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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 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.

    Brick-Front Duplex with Oversized Garage
    Brick-Front Duplex with Oversized Garage

    2410 Asheville Drive, Springfield, IL 62711

    $240,000
    1,612 sqft

    Quiet cul-de-sac setting with updated exterior elements and flexible interior space.

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    Four-Unit Multifamily Property
    Four-Unit Multifamily Property

    2811 MONMOUTH Court, Springfield, IL 62704

    $369,900

    Four residential units offer two-bedroom layouts, private outdoor space, laundry hookups, and off-street parking.

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    Flex Space with Large Outbuilding
    Flex Space with Large Outbuilding

    204 W CHURCH Street, Pleasant Plains, IL 62677

    $300,000

    Updated 4-bedroom home plus a 40-by-80 outbuilding with office space and overhead doors, offered together or separately.

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    Mixed-Use Apartment Building
    Mixed-Use Apartment Building

    201 S MAIN Street, Athens, IL 62613

    Contact for pricing

    Entire building includes space for five upper-level apartments, with main floor and parts of upper level gutted.

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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 Petersburg, IL
    Residential Land in Petersburg, IL

    #1 E BLUFF Drive, Petersburg, IL 62675

    Contact for pricing

    0.90 acre residential lot, ideal for building a home.

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    Residential Lot in East Bluff
    Residential Lot in East Bluff

    45 Vista Ridge, Petersburg, IL 62675

    Contact for pricing
    0.57 AC lot

    Residential lot in Petersburg's East Bluff Subdivision.

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    Residential Lot with River Views
    Residential Lot with River Views

    42 Vista Ridge, Petersburg, IL 62675

    Contact for pricing
    0.52 AC lot

    Residential land with utilities and Sangamon River Valley views.

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    Residential Lot in East Bluff
    Residential Lot in East Bluff

    44 Vista Ridge, Petersburg, IL 62675

    Contact for pricing
    0.68 AC lot

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

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    Tallula, IL Residential Income Properties Market Trends and Statistics

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

    Sale prices for residential income properties in Tallula, IL average $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

    Multifamily properties 1
    Triplexes 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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