Multifamily for Sale in Illinois
Find multifamily properties and businesses for sale in Illinois. Browse active listings with prices, photos, and details.
38 listings available
Market Brief
CREhunt currently has 38 multifamily listings for sale in Illinois. Asking prices run typically around $760K, with most between $400K and $3M across 22 publicly priced listings. The typical space is about 11,800 SF.
- 1528 E 74TH PL | 6 Unit Multifamily Multifamily Property · Chicago, IL · $680K · 7,992 SF
- 1611 W Barker Ave Multifamily Property · Peoria, IL
- 1049 - 1025 W Vermont St Multifamily Property · Calumet Park, IL · $5.9M · 60,459 SF
- 1025 W Vermont St Multifamily Property · Calumet Park, IL · $2M · 20,153 SF
- 11 E 157th St., Calumet City, IL 60409 Multifamily Property · Calumet City, IL · $400K · 5,000 SF
- 236 Webster Multifamily Property · Batavia, IL · $325K · 3,600 SF
- 7270 S South Shore Dr Multifamily Property · Chicago, IL · $7M · 40,000 SF
- 13+/-Beds Established Memory Care Northern IL Multifamily Property · Princeton, IL · $800K · 2,992 SF
- 3100 W Douglas Blvd, Chicago Multifamily Property · Chicago, IL · $1.6M · 17,658 SF
- Kedvale Multifamily Property · Chicago, IL · $450K · 4,100 SF
- Pilsen, Chicago Multifamily Property · Chicago, IL · $2.3M · 11,800 SF
- Portfolio of 2 Multifamily Properties For Sale Multifamily Property · Chicago, IL · $1.4M
- 1471 E 67th St Redevelopment Opportunity Multifamily Property · Chicago, IL · $500K · 13,283 SF
- Centre@501 Multifamily Property · Springfield, IL · $3M · 50,691 SF
- 2829 W Armitage Ave, Chicago, IL Multifamily Property · Chicago, IL · $2.2M · 15,600 SF
- 6933 S Washtenaw Multifamily Property · Chicago, IL · $450K · 4,028 SF
- 7951 S BURNHAM AVE Multifamily Property · Chicago, IL · $420K · 6,564 SF
- INCOME AND CASH FLOWING PROPERTY Multifamily Property · Mchenry, IL · $649K
Frequently asked questions
How many multifamily listings are for sale in Illinois?
CREhunt currently lists 38 multifamily properties for sale in Illinois. Asking prices are typically around $760,000.
How should I evaluate multifamily listings in Illinois?
Compare unit mix, current occupancy, and in-place rent versus market rent first, then validate upside and downside assumptions before advancing to broker diligence.
What is the fastest way to shortlist sale opportunities?
Filter sale options in Illinois by budget first, then rank only multifamily listings that match your required space profile so broker outreach stays qualification-focused.
What should I ask brokers before touring multifamily listings?
Ask for the rent roll, deferred maintenance, and recent capital improvements, along with recent operating results and expected closing timeline.