Lima IL Multi Family for Sale

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Lima Real Estate

The median home value in Lima, IL is $139,500. This is lower than the county median home value of $145,600. The national median home value is $338,100. The average price of homes sold in Lima, IL is $139,500. Approximately 58.43% of Lima homes are owned, compared to 14.61% rented, while 26.97% are vacant. Lima real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lima real estate agent to arrange a tour today!

Lima, Illinois has a population of 168. Lima is less family-centric than the surrounding county with 26.92% of the households containing married families with children. The county average for households married with children is 27.52%.

The median household income in Lima, Illinois is $65,568. The median household income for the surrounding county is $58,587 compared to the national median of $69,021. The median age of people living in Lima is 38.8 years.

Lima Weather

The average high temperature in July is 86.8 degrees, with an average low temperature in January of 17 degrees. The average rainfall is approximately 39.2 inches per year, with 18.8 inches of snow per year.

Lima Real Estate Market Conditions

  • Median sales price

    $139,500
    14.9% change since last quarter
  • # Active listings

    0
    30-day change

Lima Schools and Demographics

Education near Lima, IL

Metric City County
High School Graduates 90.16 92.44
College Degree - 2 year 4.92 9.42
College Degree - 4 year 16.39 25.69
Graduate Degree 4.1 6.98
Expenditures per Student 14,971 14,971
Students per Teacher 14.6 14.6

Elementary Schools near Lima, IL

School Grades Students P/T Ratio ZIP
Adams Elementary School KG - 03 354 11.4 62301
Berrian School KG - 03 192 11.3 62301
Central 3-4 Middle School 03 - 04 146 17.2 62301
Dewey Elementary School KG - 03 255 13.8 62301
Early Childhood PK - PK 501 100.2 62301
Ellington Elementary School KG - 03 325 16.7 62301
Greenfield Elementary School 02 - 04 143 17.9 62376
Madison School KG - 03 398 17.3 62301
Mendon Elementary School KG - 01 86 9.6 62351
Warsaw Elementary School PK - 06 254 15.2 62379
Washington Elementary School KG - 03 274 11.7 62301

Middle Schools near Lima, IL

School Grades Students P/T Ratio ZIP
Baldwin Intermediate School 04 - 06 1,438 14.8 62301
Quincy Junior High School 07 - 09 1,397 18 62301
Unity Middle School 05 - 08 214 14.3 62351

High Schools near Lima, IL

School Grades Students P/T Ratio ZIP
Quincy Senior High School 10 - 12 1,365 18.4 62301
Unity High School 09 - 12 231 11.6 62351
Warsaw Senior High School 09 - 12 214 12.3 62379

Ungraded Schools near Lima, IL

School Grades Students P/T Ratio ZIP
* Academic Behavior&Community Acad. 07 - 12 15 62301
* Adams County RSSP 07 - 12 45 6.4 62301

Demographics near Lima, IL

Metric City County
Neighborhood Type Suburban
Population 168 65,878
Population Density 1,244 77
Median Age 38.8 41.2
People per Household 2.6 2.4
Median Household Income 65,568 58,587
Average Income per Capita 25,136 32,249