Vernon, IL Residential income properties for sale

Mt Vernon Multifamily Investment Opportunity

$60,000

0.20 Acres

Mt Vernon Multifamily Investment Opportunity

613 S 16 St Mt, Vernon, IL 62864

Four-unit multifamily property in Mt Vernon, Illinois, with investment potential.

Four‑unit multifamily property.
Mix of two‑bedroom and one‑bedroom apartments.
Brick construction.
Public water and sewer.
Investment opportunity with potential for increased value with minor improvements.

Updated: Jan 28

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$155,900

Mt Vernon Multifamily Investment Opportunity

205 S 6 St Mt, Vernon, IL 62864

Five-unit property near downtown Mt Vernon, Illinois.

Five 1‑bedroom, 1‑bath units offer immediate rental income potential.
Excellent investment opportunity due to its proximity to downtown Mt. Vernon.
Recent updates include new storm windows, fresh paint, new carpet, and updated LED lighting in common areas (2019).
New air conditioner installed in 2020.
Electrical system has been brought up to code.

Updated: Dec 18, 2025

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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 2 Active listings in Vernon, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 2 Land Listings that present a potential for development.

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

$99,900

1.10 Acres

Centralia Church and Home

Church with home on 1.1 acres in Centralia, Illinois.

1502 S Pine St, Centralia, IL 62801

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$119,900

Centralia IL Brick Duplex

All brick duplex in Centralia, Illinois, great investment property.

406 Cedar St, Centralia, IL 62801

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$225,000

West Frankfort Tri-Plex Investment

Fully occupied tri-plex in West Frankfort, Illinois, for sale.

105-109 N Sunny Slope St, West Frankfort, IL 62896

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$100,000

Multi-Property Investment Opportunity

Three income-producing homes in West Frankfort, Illinois.

1208-1210 E Main St, West Frankfort, IL 62896

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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.

$75,000

10.00 Acres

10 Acres Near Highway 37

10 acres near Illinois Highway 37, ideal for investment.

Bethel Rd Mt, Vernon, IL 62864

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$281,250

37.55 Acres

37.55 Acres with Private Lake

Scenic land near Mt. Vernon with lake and utilities.

19840 N Il Hwy 37 Mt, Vernon, IL 62864

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Vernon, IL Residential Income Properties Investment Opportunities Market Analysis

Explore 2 residential income properties for sale in Vernon, 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 $155,900.

Prices for residential income properties in Vernon, IL start at $155,900, averaging $155,900, and reaching up to $155,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

Vernon, IL Residential Income Properties for Sale

Mt Vernon Multifamily Investment Opportunity

Four-unit multifamily property in Mt Vernon, Illinois, with investment potential.

Mt Vernon Multifamily Investment Opportunity

Five-unit property near downtown Mt Vernon, Illinois.