2

Canton, IL Multifamily Homes & Duplexes for Sale

Section Image
  • /31

    $129,900

    • 6 Beds
    • 2,508 Sq Ft

    564 S Main St, Canton, IL 61520

    3 unit Apartment Building - #1 North, 1 bedroom; #2 South, 2 bedroom; #3 Up, Live in one - rent the other 2 out - pays for itself. Since the 2023 purchase, owner has updated the following: All new Pex lines, rewired, siding, roof, driveway on the west side, some new windows, newer furnace and central air, some new bath fixtures, new exterior lighting with motion lights. Additional lot to the

    Marilyn Anderson Rhoades Real Estate & Land Auc

    564 S Main St, Canton, IL 61520
  • /2

    $100,000

    • 2 Beds
    • 3,240 Sq Ft

    443 E Locust St, Canton, IL 61520

    Profitable 4-unit rental, conveniently located in the heart of Canton. Ample parking behind the unit. Landlord pays all utilities and owns the major appliances in each unit. All units occupied. Zoned B-2. Adjoining parcels to the East are also available. This parcel could be combined with those to the East, totaling 0.72 +/- acres, which are prime for commercial development, at a high

    Jed Rhoades Rhoades Real Estate & Land Auc

    443 E Locust St, Canton, IL 61520

Why Live in Canton

Canton, located in Fulton County, Illinois, is a city with a rich history and a population of just under 13,000 residents. Originally a coal mining town, it later became known for manufacturing steel plows until the closure of the International Harvester factory in 1983. Today, major employers include Cook Medical, Graham Medical Group, Canton Union School District No. 66, Illinois River Correctional Center, and Spoon River College. Some residents commute approximately 30 miles to East Peoria for work. Canton Park District oversees nine parks spanning over 1,400 acres, including Big Creek Park with its recreation center and Lakeland Park, which features 5 miles of trails and five lakes. Canton Lake offers boating and camping facilities, and the area is popular for hunting and fishing. Downtown Canton is vibrant with local businesses such as Billy’s Tap, Official Time Out, American Grille, and Canton Family Restaurant. Seasonal favorites include Hannam’s Dairy Dream and events like the Spoon River Valley Scenic Drive. Canton Union District No. 66 schools have high ratings, and the community supports Canton High School’s sports teams, known as the Little Giants. Despite its active tornado history and population decline, Canton remains a city with affordable housing options, including renovated bungalows, ranch-style homes, and new traditional houses.

Home Trends in Canton, IL

Housing Trends

Median Sale Price
$75,000
Median Single Family Sale Price
$79,999
Median 2 Bedroom Sale Price
$169,900
Average Price Per Sq Ft
$112
Number of Homes for Sale
6
Last 12 months Home Sales
25
Months of Supply
2.90
Median List Price
$79,999
Median Change From 1st List Price
6%
Median Home Sale Price YoY Change
-38%
How to Buy a Home How to Finance a Home How to Sell a Home