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Ranch Quadplex
For Sale
$400,000

100 N State Street, Ellis Grove, IL 62241

MULTI_FAMILY - Ranch - Ellis Grove, IL

Property Size2,000 SF
Lot Size0.46 Acres
Price / SF$200
Days on Market44

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 1, Bedroom 2
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: Jul 11 Changed: Aug 11 Last Checked: Aug 23 at 1:06AM
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 ranch-style quadplex offers four units, each laid out with two bedrooms and one bathroom. Interior features include an open floorplan. The property has a metal roof and uses natural gas forced-air heating with central air and ceiling fans. Flooring is vinyl, and units include a range and refrigerator. Construction is brick with frame and vinyl siding. The home was built in 1996.

Set on a 0.46-acre lot in Ellis Grove, IL (Randolph County), each unit includes a covered carport space sized for two vehicles, with enough surrounding space for sitting like a porch. There is no basement and there are no steps.

Tenancy is month-to-month, with two units currently occupied. The seller has lived in two units and no rent was charged on those occupied units. New metal roofing is scheduled for 2026, and the heating and cooling systems are approximately five years old. Prequalified buyers may arrange showings of Unit 1 and Unit 4 with 24-hour notice. The property is in the Chester School district.

Key Highlights

  • Ranch quadplex on 0.46 acres in Ellis Grove, IL
  • Four units, each with 2 bedrooms and 1 bathroom
  • New metal roof scheduled for 2026; heating/cooling systems are 5 years old

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
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Frequently Asked Questions

What type of property is this?
Quadplex - Well-maintained quadplex with covered carport parking, month-to-month tenancies, and a metal roof scheduled for 2026.
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 $400,000.
What are key features of this property?
This property features: Ranch quadplex on 0.46 acres in Ellis Grove, IL; Four units, each with 2 bedrooms and 1 bathroom; New metal roof scheduled for 2026; heating/cooling systems are 5 years old
More about this property
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