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    Tallula, IL
    Residential Income

    Tallula, IL Residential Income Properties for Sale

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    Pleasant Plains, IL Petersburg, IL Salisbury, IL Athens, IL Oakford, IL Greenview, IL Cantrall, IL Springfield, IL
    Three-Unit Rental Property with Garage
    Updated: May 12
    Three-Unit Rental Property with Garage

    102 MAIN Street, Tallula, IL 62688

    $94,900
    Three apartments: two 1‑bedroom/1‑bath units and one 2‑bedroom/1‑bath unit
    Two of three apartments are currently rented
    Five total parcels included in the sale
    Separate storage garage on parcel 007
    Two vacant lots included as parcels 008 and 009
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics
    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.

    Vaulted-Ceiling Duplex
    Vaulted-Ceiling Duplex

    2704 Johnathan Place, Springfield, IL 62711

    $345,000
    2,611 sqft

    Finished basement, patio, and partially fenced yard expand the property’s practical living and outdoor areas.

    View details
    Four-Unit Building with Rear Decks
    Four-Unit Building with Rear Decks

    2811 MONMOUTH Court, Springfield, IL 62704

    $359,900

    Well-maintained multifamily property with practical layouts, individual utility responsibility, outdoor space, and off-street parking.

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    Updated Brick Duplex
    Updated Brick Duplex

    1133-1135 Interlacken Road, Springfield, IL 62704

    $260,000

    Both residences are leased, with occupants covering electric, gas, and water/sewer costs.

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    Updated Brick Duplex
    Updated Brick Duplex

    1133-1135 Interlacken Road, Springfield, IL 62704

    $260,000

    Two leased residences with refreshed interiors, separate basements, and shared garage parking.

    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
    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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