Coles County, IL Apartment buildings for sale

Updated: Feb 18

Multi-Family and Commercial Investment

4211 & 4213 Lake Land Blvd, Mattoon, IL 61938

$750,000

53,579 sqft

19‑unit Multi‑Family and Commercial property investment opportunity
Consistent $135k gross revenue for 3 consecutive years
New gutters & roof installed on the apartment building in 2024 (excluding the upper level)
TPO layer on the commercial building (4211)
Attractive mix of unit types: 11 two‑bed, two‑bath units; 1 one‑bed, one‑bath unit; and 7 studio apartments

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Updated: Feb 24

Student Housing Community Opportunity

965 4th St, Charleston, IL 61920

Contact for pricing

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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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 8 Potential Opportunities for your consideration. Besides 2 Active listings in Coles County, IL, we suggest exploring several alternatives: similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

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

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

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

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

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 Coles County, IL

Consider similar Off-Market properties in Coles County, 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.

Multifamily properties

1020 Wabash Ave, Mattoon, IL 61938

Value Estimation by Request

0.16 AC lot

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Multifamily properties

1103 6Th St, Charleston, IL 61920

Value Estimation by Request

0.30 AC lot

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Coles County, IL Apartment Buildings Market Trends and Statistics

Explore 4 apartment buildings for sale in Coles County, IL on our real estate platform. These investment opportunities span a total of 53,579 square feet of properties for sale, with an estimated market value of $750,000.

Sale prices for two-family homes in Coles County, IL start at $750,000, averaging $750,000, and reaching up to $750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.