Champaign, IL
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    Champaign, IL Apartment Buildings for Sale

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    Urbana, IL Savoy, IL East Peoria, IL
    Downtown Champaign Mixed-Use Building
    $1,250,000
    5,865 SF
    Downtown Champaign Mixed-Use Building

    320 N Neil Street, Champaign, IL 61820

    Prime mixed-use property in downtown Champaign with rental income.
    • Prime downtown location in Champaign's central business district (CB2 zoning).
    • Mixed‑use property with income‑generating two‑bedroom apartment, leased through 07/31/2026 at $1,800/month.
    • First floor configured for nightclub/bar use with existing 28' bar, sprinkler system, and handicap accessibility.
    • Spacious 5,865 SF above grade plus 1,620 SF basement with walk‑in cooler and storage.
    • Second‑floor apartment features 14' ceilings, fireplace, and separate HVAC and electrical service.
    Updated: Feb 10
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    Champaign Multifamily Building For Sale
    $249,900
    Champaign Multifamily Building For Sale

    1013 W Church Street, Champaign, IL 61820

    Six-unit building in Champaign, ideal for future development.
    • 6‑unit building in Champaign with 2 one‑bedroom units and 4 efficiency units
    • All units include a kitchen and a full bathroom
    • Unfinished basement provides storage space
    • Detached 2‑car garage
    • MF2 zoning, with potential for future development (zoning noted)
    Updated: Apr 7
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    Turnkey 9-Unit Multifamily Investment
    $415,000
    0.19 Acres
    Turnkey 9-Unit Multifamily Investment

    Fully renovated 9-unit mix with private bathrooms and an on-site laundry room, supported by executed leases.

    613 W Church Street, Champaign, IL 61820

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    Spacious Townhomes Near University
    Contact for pricing
    Spacious Townhomes Near University

    45-unit townhome community near the University of Illinois.

    1801 West John Street, Champaign, IL 61821

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    Downtown Champaign Mixed-Use Building
    $1,995,000
    18,576 SF
    Downtown Champaign Mixed-Use Building

    Historic building with residential and commercial spaces in downtown Champaign.

    112 W Hill Street, Champaign, IL 61820

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    Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 5 Active listings in Champaign, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, 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.

    Urbana Multifamily Investment Opportunity
    $749,900
    Urbana Multifamily Investment Opportunity

    Eleven units near University of Illinois campus with development potential.

    503 W Green Street, Urbana, IL 61801

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    Urbana Multifamily Investment Opportunity
    $589,000
    0.18 Acres
    Urbana Multifamily Investment Opportunity

    Well-maintained 5-unit property near University of Illinois campus.

    709 W Nevada Street, Urbana, IL 61801

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    Mixed-Use Property with Income Potential
    $800,000
    14,500 SF
    Mixed-Use Property with Income Potential

    Value-add investment opportunity in Decatur's downtown commercial corridor.

    334 W Main St, Decatur, IL

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    RETAIL
    $675,000
    11,884 SF
    RETAIL

    Mixed-use properties · 11,884 SF

    248 N Park St, Decatur, IL

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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.

    Prime Development Land, Springfield MO
    $2,850,000
    29.20 Acres
    Prime Development Land, Springfield MO

    29.2 acres of retail-zoned land for mixed-use development.

    N West Bypass, Springfield, MO 65802

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    Asheville Development Opportunity: 5.94 Acres
    $2,500,000
    5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    215 N Bear Creek Road, Asheville, NC 28806

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    Greenville Development Opportunity: 1.33 Acres
    $699,900
    1.33 Acres
    Greenville Development Opportunity: 1.33 Acres

    1.33 acre parcel suitable for multi-family development near downtown.

    71 Salters Road, Greenville, SC 29607

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    Multifamily Development Opportunity in Charlotte
    $559,700
    0.47 Acres
    Multifamily Development Opportunity in Charlotte

    Prime 0.47-acre parcel zoned for multifamily development near UNC Charlotte.

    4312 Tantilla Circle, Charlotte, NC 28215

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    Off-Market Properties in Champaign, IL

    Consider similar Off-Market properties in Champaign, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    412 Church St
    Multifamily properties
    Value Estimation by Request

    412 Church St, Champaign, IL 61820

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    Champaign, IL Apartment Buildings Investment Opportunities Market Analysis

    Explore 6 apartment buildings for sale in Champaign, IL, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 24,441 square feet of properties for sale, with an estimated market value of $3,245,000.

    Sale prices for two-family homes in Champaign, IL start at $1,250,000, averaging $1,622,500, and reaching up to $1,995,000 — 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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    Property Size Breakdown

    The majority of commercial real estate listings in Champaign fall within the 100,000+ square foot range.

    Demographics Overview

    Population 96K
    Population Growth (5Y) +1.5%
    Median Household Income $62,086
    College Educated 42.5%

    High-Yield Neighborhoods for Investment

    Identify Champaign submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    61820 $987.5K

    Taxes & Financing

    Tax Rate (average for all types) 8.86%
    Property Tax per SF $37.00 per sq ft
    Average Loan-to-Value 65.0%

    Listings Trend

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