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Well-Maintained 4-Plex Residence
For Sale
$425,000

100 N State Street, Ellis Grove, IL 62241

MULTI_FAMILY - Ranch - Ellis Grove, IL

Property Size2,000 SF
Lot Size0.46 Acres
Price / SF$212.50
Days on Market94

Property Features for 100 N State Street

General Information

Property type Residential Multi Family
Property subtype Single Family Residence
Bedrooms 2
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1, Bedroom 2, Bedroom 1
Parking features Carport
Interior features Open Floorplan
Appliances Range, Refrigerator
Subdivision Ac Dan Ninglers
Elementary school CHESTER DIST 139
Middle school CHESTER DIST 139
High school CHESTER
Elementary school district CHESTER DIST 139
Middle school district CHESTER DIST 139
High school district CHESTER DIST 139
Directions Hwy 3 through Ellis Grove. Bldg sits right along the highway. Turn onto Main street and then immediately turn into the driveway in front of bldg.
Standard status Active
APN 11-051-004-00
Size 2,000 SF
Lot size 0.46 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 5310

Utilities

Heating system Forced Air, Natural Gas
Cooling system Central Air, Ceiling Fan(s)
Water source Public

Building Details

Year built 1996
Floors in Building 1
Number of units 4
Flooring type Vinyl
Building materials Brick, Frame, Vinyl Siding
Roof type Metal
Architectural style Ranch
Listing Agency: Worth Clark Realty
Listed By: Robin Bert · License #471.021195
Added: May 1 Changed: Jul 29 Last Checked: Aug 2 at 10:06AM
MLS# 26026977

Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This well maintained 4-plex provides four separate residential units, each with two bedrooms and one bathroom. Recent updates include a new metal roof scheduled for 2026 and heating and cooling systems that are about five years old. The property also features covered carport space for each unit, with parking that fits two vehicles and additional room that could be used as a porch-style seating area. There is no basement and the layout is set up for easy entry, with no steps reported.

The building sits on a 0.46-acre lot in Ellis Grove, Illinois, within the Chester School district. Operationally, each unit is described as month to month with long-term tenants, and the seller has lived in two of the units, with two units being occupied at the time of listing. Prequalified buyers can arrange showings of Unit 1 and Unit 4 with 24-hour notice.

For tenants seeking single-level convenience, the lack of steps and absence of a basement can simplify everyday living. For buyers, the property’s consistent unit mix—two-bedroom, one-bath layouts across all units—creates a straightforward offering to manage, with individual covered parking and ongoing month-to-month arrangements documented for each unit.

Key Highlights

  • Well‑maintained 4‑plex with two 2‑bed, 1‑bath units plus two additional 2‑bed, 1‑bath units
  • New metal roof scheduled for 2026; heating and cooling systems are about 5 years old
  • Each unit offers a covered carport space that fits two vehicles, with porch‑style seating space

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Butcher Hair Salon Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

24
Businesses Nearby

Demographics for 62241, IL

1,010
Population
469
Households
2.2
Avg Household Size
42
Median Age
12%
College-Educated
94%
High-School Grad
38.2 sq mi
ZIP Area
26
Density / Sq Mi
$81,429
Median Household Income
$36,313
Median Earnings
$725
Median Rent
$135,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Well kept 4-plex offering four two-bedroom units with covered carports and straightforward, step-free access.
Where is this quadplex located?
The property is located at 100 N State Street Ellis Grove, IL.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Well‑maintained 4‑plex with two 2‑bed, 1‑bath units plus two additional 2‑bed, 1‑bath units; New metal roof scheduled for 2026; heating and cooling systems are about 5 years old; Each unit offers a covered carport space that fits two vehicles, with porch‑style seating space
More about this property
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