Residential Income

Viola, IL Residential Income Properties for Sale

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Aledo, IL Sherrard, IL Lynn Center, IL Alexis, IL Alpha, IL Milan, IL Murphysboro, IL Woodhull, IL
Up-and-Down Duplex on Corner Lot
Updated: May 21
Up-and-Down Duplex on Corner Lot

1202 17 Avenue, Viola, IL 61486

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Up‑and‑down duplex built in 1920 on a corner lot just off Hwy 17 and one block from Hwy 67
Lower unit is occupied and generating $550/month; upper unit is vacant
Original staircase still in place, with option to convert back to a single‑family home
Month‑to‑month tenants with no long‑term leases in place for flexible income/occupancy
Seller pays water, sewer, and disposal; tenants pay gas & electric
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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 Viola, 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.

Apartment Building for Sale
Apartment Building for Sale

301 30th Ave Court, Moline, IL 61265

$474,900
28,564 sqft

Apartment building offered for sale with a total property size of 28,564.

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Aledo Restaurant Location with Apartments
Aledo Restaurant Location with Apartments

213 S College Avenue, Aledo, IL 61231

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3,600 sqft

Historic downtown Aledo restaurant with apartments for sale.

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Corner Multifamily Income Portfolio
Corner Multifamily Income Portfolio

1440 12th Street, Moline, IL 61265

$499,900

Three-building income portfolio includes a duplex with one vacant unit, a fully occupied triplex with commercial and residential space, and an office-ready building.

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Retail Building with Apartment Space
Retail Building with Apartment Space

122 E Main Street, Aledo, IL 61231

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Former Maid Rite building offers multi-storefront retail layout with two upstairs apartments and two overhead doors.

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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.

Lakefront Property Lot in Wapello
Lakefront Property Lot in Wapello

8926 93rd Ave, Wapello, IA 52653

$48,000
0.16 AC lot

Lakefront lot ideal for building a home or cabin.

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Lakefront Lot in Wapello, Iowa
Lakefront Lot in Wapello, Iowa

8926 93Rd Avenue, Wapello, IA 52653

$48,000
0.16 AC lot

Lakefront property lot with water access for home or cabin.

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Agricultural Zoned Home Lot
Agricultural Zoned Home Lot

4006 Concord Ln, Wapello, IA 52653

$52,000
2.23 AC lot

A 2.23-acre lot with utilities and a shared well in place, suited for building a single-family home.

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Residential Land Near Golf Course
Residential Land Near Golf Course

4008 Concord Ln, Wapello, IA 52653

$54,000
2.13 AC lot

2.13 acres of residential land near a golf course.

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Viola, IL Residential Income Properties Market Trends and Statistics

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

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 1
Multifamily properties 1

Demographics Overview

Population 1,429
Population Growth (5Y) -2.7%
Median Household Income $71,786
College Educated 26.5%

Taxes & Financing

Tax Rate (average for all types) 8.08%
Tax Rate vs County Average 0.46 pp below county avg
Average Loan-to-Value 65.0%

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