Residential Income

Waterman, IL Residential Income Properties for Sale

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Dekalb, IL Shabbona, IL Malta, IL Hinkley, CA Hinckley, IL Sycamore, IL Maple Park, IL Sandwich, IL
Mixed-Use Building with Storefronts
Updated: Jul 10
Mixed-Use Building with Storefronts

E Lincoln Street, Waterman, IL 60556

$295,000
0.06 AC lot
Three upstairs apartments; two are rented and one is vacant
Street‑level apartment is currently vacant
Two storefront commercial spaces, with one leased and one available
Brick construction with vinyl and carpet flooring
0.0645‑acre site in downtown Waterman
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Waterman, 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.

Ranch-Style Quadplex with Garages
Ranch-Style Quadplex with Garages

1620 Suydam Road, Sandwich, IL 60548

$599,700
0.66 AC lot

Four apartment units offer private utility metering, basement storage, laundry hookups, and dedicated garage parking.

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Renovated Triplex with Detached Garage
Renovated Triplex with Detached Garage

221 Castle Street, Sandwich, IL 60548

$270,000
0.20 AC lot

Three separately metered income streams include two apartments and a leased detached garage.

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Upgraded RV Park with Cabins
Upgraded RV Park with Cabins

4611 E 22nd Rd, Leland, IL 60531

Contact for pricing
7,000 sqft

Newly upgraded 175-site RV park offers four cabins, a pool, and on-site retail plus extensive recreation amenities.

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Mixed-Use Building with Retail
Mixed-Use Building with Retail

154-156 E Railroad Street, Leland, IL 60531

$259,900
0.09 AC lot

Brick commercial building combining storefront space with two updated apartments and separately metered electric service.

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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.

Waterview Waterfront Land Homesite
Waterview Waterfront Land Homesite

Sandwich, IL 60548

$75,000
1.04 AC lot

Combined two-lot waterview homesite totaling 1.04 acres with private water and septic needed.

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Flat Waterfront Land with Utilities Available
Flat Waterfront Land with Utilities Available

Somonauk, IL 60552

$399,000
0.47 AC lot

Flat waterfront lot with private water and natural gas available, with septic needed for onsite wastewater.

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Residential Lot in Blackthorne Subdivision
Residential Lot in Blackthorne Subdivision

511 Loraine Street lot: 40, Earlville, IL 60518

Contact for pricing
0.28 AC lot

Improved lot for building a home with city utilities.

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Residential Lot in Blackthorn Subdivision
Residential Lot in Blackthorn Subdivision

641 TALLY Street lot: 15, Earlville, IL 60518

Contact for pricing
0.25 AC lot

Residential lot with city utilities and nearby schools for sale.

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Waterman, IL Residential Income Properties Market Trends and Statistics

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

Sale prices for residential income properties in Waterman, IL average $295,000 — 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

Multifamily properties 1

Demographics Overview

Population 2,156
Population Growth (5Y) +6.3%
Median Household Income $94,625
College Educated 36.8%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
60556 $295K

Taxes & Financing

Tax Rate (average for all types) 7.87%
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in DeKalb County

New Delisted

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