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Charleston, IL Apartment Buildings for Sale

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Multifamily Apartment Portfolio
Updated: Apr 11
Multifamily Apartment Portfolio

1301, 1305, 1307,1309 & 1311 Arthur Ave, Charleston, IL 61920

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Portfolio includes five apartment complexes with 31 total studio and one‑bedroom units.
Apartment mix includes studio and 1‑bedroom apartments across all five complexes.
Property is described as having an exceptional rental history and generally a waiting list.
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Student Housing Community Opportunity
Updated: Feb 24
Student Housing Community Opportunity

965 4th St, Charleston, IL 61920

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Fully renovated in 2023 (Millennium community)
Pedestrian access to Eastern Illinois University
Three neighboring student housing communities
Total of 116 units and 248 beds
Bed‑bath parity in Brooklyn Heights and Melrose on 4th**
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169-Unit Apartment Portfolio
169-Unit Apartment Portfolio

1202 Lincoln Ave, Charleston, IL 61920

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Positioned within walking distance of Eastern Illinois University in Charleston, Illinois.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 3 Active listings in Charleston, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Brick Apartment Building with Five Units
Brick Apartment Building with Five Units

209 S CENTRAL AVE, Casey, IL 62420

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3,948 sqft

Solid brick rental building featuring five large apartments with separate utility metering.

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9-Unit Brick Apartment Building
9-Unit Brick Apartment Building

107-14 N Central Ave, Casey, IL 62420

$179,900

Converted office improvements now accommodate a varied residential unit configuration in a brick building.

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Income-Restricted Multifamily Community
Income-Restricted Multifamily Community

2915 Arleth St, Terre Haute, IN 47802

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79-unit multifamily property built in 2010, with income restrictions extending through 2040.

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Multi-Building Apartment Complex
Multi-Building Apartment Complex

123 Oak St, Terre Haute, IN 47807

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Residential housing complex positioned near a university.

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Off-Market Properties in Charleston, IL

Consider similar Off-Market properties in Charleston, 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.

1103 6Th St
Multifamily properties

1103 6Th St, Charleston, IL 61920

Value Estimation by Request
0.30 AC lot
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Charleston, IL Apartment Buildings Market Trends and Statistics

Explore 4 apartment buildings for sale in Charleston, IL, showcased through 3 active listings on our real estate platform.

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Demographics Overview

Population 21K
Population Growth (5Y) -13.7%
Median Household Income $54,229
College Educated 50.7%

Taxes & Financing

Tax Rate (average for all types) 8.14%
Tax Rate vs County Average 0.46 pp above county avg
Average Loan-to-Value 65.0%

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