Residential Income

Woodlawn, IL Residential Income Properties for Sale

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Vernon, IL Mount Vernon, IL Walnut Hill, IL Scheller, IL Opdyke, IL Kell, IL Bluford, IL Ina, IL
Residential Estate with Guest House
Updated: Jun 20
Residential Estate with Guest House

16602 N Steel Ln, Woodlawn, IL 62898

$875,000
2,100 sqft 55.00 AC lot
55± acre Jefferson County property featuring a 2,100± SF home with 2 bedrooms and 2.5 bathrooms overlooking a 2.5± acre stocked pond
Finished basement in the main home plus patios and balconies on every level for outdoor living and pond views
24x40 two‑car garage is fully finished and insulated, with electricity and lighting, plus two additional rooms for storage or workspace
1,800± SF guest house includes a 19‑foot swim spa and hot tub, and a 724± SF loft above the main level
Approximately 48.5± acres of timber with deer and turkey sign, plus established trails for outdoor recreation
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Woodlawn, 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.

Mixed-Use Bar and Apartment
Mixed-Use Bar and Apartment

1031 Fairfax Street, Carlyle, IL 62231

$210,000
0.15 AC lot

Two-story mixed-use property with a fully equipped bar and grill on the main level and a two-bedroom apartment upstairs.

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Two-Story Bar and Apartment
Two-Story Bar and Apartment

1031 Fairfax Street, Carlyle, IL 62231

$210,000

Two-story mixed-use property with an operating bar and grill downstairs and a two-bedroom apartment above.

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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

$60,000

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.

Residential Lot in Mt. Vernon
Residential Lot in Mt. Vernon

806 S 22ND Street, Mt, Vernon, IL 62864

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Vacant residential lot in Mt. Vernon, Illinois, ready for building.

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Residential Subdivision Lot
Residential Subdivision Lot

1204 S Cherry Street, Centralia, IL 62801

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0.12 AC lot

Buildable lot in Finneys Heights subdivision with utilities available nearby in Centralia, Illinois.

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Residential Lots in Carlyle, Illinois
Residential Lots in Carlyle, Illinois

Redwood Street, Carlyle, IL 62231

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1.32 AC lot

Twenty residential lots available for sale in Carlyle, Illinois.

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Residential Lot in R-2 Zoning
Residential Lot in R-2 Zoning

609 Joplin St, Benton, IL 62812

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0.18 AC lot

Build a single-family home on a residentially zoned lot in Benton Township.

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Woodlawn, IL Residential Income Properties Market Trends and Statistics

Explore 1 residential income properties for sale in Woodlawn, IL on our real estate platform. These investment opportunities span a total of 2,100 square feet of properties for sale, with an estimated market value of $875,000.

Sale prices for residential income properties in Woodlawn, IL start at $875,000, averaging $875,000, and reaching up to $875,000 — 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
Short term rental properties 1

Demographics Overview

Population 2,018
Population Growth (5Y) -11.7%
Median Household Income $74,297
College Educated 32.7%

Taxes & Financing

Tax Rate (average for all types) 5.66%
Tax Rate vs County Average 2.75 pp below county avg
Average Loan-to-Value 65.0%

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