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Charleston, IL Apartment Buildings for Sale

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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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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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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 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, 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
Urbana Multifamily Investment Opportunity

709 W Nevada Street, Urbana, IL 61801

$589,000
0.18 AC lot

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

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1913 Historic Mixed-Use Building
1913 Historic Mixed-Use Building

41 E. University Avenue, Champaign, IL 61820

$3,850,000
0.29 AC lot

Built in 1913 with large windows and includes off-street parking plus ground-floor retail alongside office and residential space.

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Updated Condo with Modern Amenities
Updated Condo with Modern Amenities

1310 Brighton Drive #1310, Urbana, IL 61801

$125,000

Move-in ready 3-bedroom condo with recent updates and convenient location.

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Spacious Townhomes Near University
Spacious Townhomes Near University

1801 West John Street, Champaign, IL 61821

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45-unit townhome community near the University of Illinois.

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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
Prime Development Land, Springfield MO

N West Bypass, Springfield, MO 65802

$2,850,000
29.20 AC lot

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

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Asheville Development Opportunity: 5.94 Acres
Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000
5.94 AC lot

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

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Greenville Development Opportunity: 1.33 Acres
Greenville Development Opportunity: 1.33 Acres

71 Salters Road, Greenville, SC 29607

$699,900
1.33 AC lot

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

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Land Near Shepherd University
Land Near Shepherd University

8285 MARTINSBURG Pike, Shepherdstown, WV 25443

$650,000
3.70 AC lot

Prime land near Shepherd University with development potential.

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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 3 apartment buildings for sale in Charleston, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $0.00.

Sale prices for two-family homes in Charleston, IL start at $0.00, averaging $0.00, and reaching up to $0.00 — 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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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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