Residential Income

Vandalia, IL Residential Income Properties for Sale

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49-Unit Apartment Building
Updated: Aug 1
49-Unit Apartment Building

211 N Kennedy Blvd, Vandalia, IL 62471

$1,100,000
49‑unit apartment community in Vandalia, IL
Former high school converted to multifamily housing
Replacement roof installed in 2026
Federally designated Opportunity Zone
Located within a County Enterprise Zone
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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 7 Potential Opportunities for your consideration. Besides 1 Active listings in Vandalia, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 2 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.

Ranch Duplex with 3-Car Garage
Ranch Duplex with 3-Car Garage

920 E Beaumont Avenue, Greenville, IL 62246

$280,000
2,069 sqft 0.72 AC lot

Two separate units under one roof with updated finishes and a rare 3-car attached garage for parking and storage.

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Four-Unit Quadplex with Yard
Four-Unit Quadplex with Yard

A-d-518 W Harris Avenue, Greenville, IL 62246

$150,000
3,328 sqft

Vacant apartments offer a starting point for repairs, cosmetic improvements, and tenant placement.

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Three-Unit Rental Property
Three-Unit Rental Property

117 N MORRISON Street, Centralia, IL 62801

$365,000

Three freshly built 3-bed, 2-bath ranch rentals are each equipped with laminate flooring and on-demand water heaters.

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Furnished Duplex in Centralia, IL
Furnished Duplex in Centralia, IL

404 N BEECH Street, Centralia, IL 62801

Contact for pricing

Furnished duplex with rental income potential in Centralia, Illinois.

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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.

Waterfront Residential Building Lot
Waterfront Residential Building Lot

1315 Lakeview Drive, Greenville, IL 62246

$98,000
0.65 AC lot

Build your single-family lake home on a 0.65-acre waterfront lot with direct lake access.

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Carlyle Land for Dream Home
Carlyle Land for Dream Home

19580 Hillcrest DR, Carlyle, IL 62231

$35,000
0.87 AC lot

Two adjacent lots totaling 0.87 acres, ideal for building.

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Vandalia, IL Residential Income Properties Market Trends and Statistics

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

Sale prices for residential income properties in Vandalia, IL average $1,100,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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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 10K
Population Growth (5Y) -0.5%
Median Household Income $58,810
College Educated 26.9%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
62471 $800K

Taxes & Financing

Tax Rate (average for all types) 8.24%
Tax Rate vs County Average 1.02 pp above county avg
Average Loan-to-Value 65.0%

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