Multifamily for Sale in Illinois
Find multifamily properties and businesses for sale in Illinois. Browse active listings with prices, photos, and details.
47 listings available
Market Brief
CREhunt currently has 47 multifamily listings for sale in Illinois. Asking prices run typically around $720K, with most between $400K and $2.4M across 21 publicly priced listings. The typical space is about 7,992 SF.
- Breckenridge Apartments Multifamily Property · Carbondale, IL
- Larson Court Apartments Multifamily Property · Hillsdale, IL
- Whispering Pines Multifamily Property · Springfield, IL
- West Oak Park Portfolio Multifamily Property · Oak Park, IL
- 1824 North Paulina Street Multifamily Property · Chicago, IL
- 2346 West McLean Avenue Multifamily Property · Chicago, IL
- 1620 North Marshfield Avenue Multifamily Property · Chicago, IL
- 1835 North Paulina Street Multifamily Property · Chicago, IL
- 1841 North Hermitage Avenue Multifamily Property · Chicago, IL
- Palomino Apartments Multifamily Property · Carbondale, IL · $2.4M
- Apartments - Multi-Family Multifamily Property · Chicago, IL
- 2423 W 123rd St Multifamily Property · Blue Island, IL
- 12601 S Winchester Ave Multifamily Property · Calumet Park, IL
- 13043 S Wood St Multifamily Property · Blue Island, IL
- 13507 Seeley Ave Multifamily Property · Blue Island, IL
- 3202 West 66th Place Multifamily Property · Chicago, IL
- Metamora Apartments Multifamily Property · Metamora, IL
- Iron Gate Apartments Multifamily Property · Glen Ellyn, IL
Frequently asked questions
How many multifamily listings are for sale in Illinois?
CREhunt currently lists 47 multifamily properties for sale in Illinois. Asking prices are typically around $720,000.
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.