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169-Unit Apartment Portfolio
For Sale
Contact for pricing
Pending

1202 Lincoln Ave, Charleston, IL 61920

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

Property SizeContact for details
Days on Market145

Property Features for 1202 Lincoln Ave

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Multifamily Units 169
Listing Agency: Catalyst Property Group
Listed By: Kyle Winston · License #00252196
Source: Crexi
Added: Apr 11 Changed: Sep 2 Last Checked: Sep 2 at 10:08AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Catalyst Property Group

Investment Insights

Based on property information with market context.

The Charleston Portfolio comprises 169 apartment units at 1202 Lincoln Ave in Charleston, Illinois. The offering provides a multifamily asset at a scale suited to portfolio-level evaluation, with the property identified as an apartment building investment.

Eastern Illinois University is within walking distance of the property and has a student population of more than 8,600. This proximity places the apartments near a major local educational institution in Charleston.

Key Highlights

  • 169 apartment units offered as one portfolio
  • 1202 Lincoln Ave, Charleston, IL 61920
  • Within walking distance of Eastern Illinois University

Property Analytics

Current Use

The Atrium Apartment Building

Suggested Use

Top Pick Garden Center (Bike/Boat/Book/etc) Store Locksmith Barber Shop Furniture & Home Goods Grocery & Convenience Store

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

169
Residential units

Location Intelligence

Trade Area within ½ mile

503
Businesses Nearby

Demographics for 61920, IL

20,847
Population
9,786
Households
2.1
Avg Household Size
34
Median Age
35%
College-Educated
93%
High-School Grad
148.3 sq mi
ZIP Area
141
Density / Sq Mi
$54,229
Median Household Income
$27,949
Median Earnings
$823
Median Rent
$144,700
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?
Apartment building - Positioned within walking distance of Eastern Illinois University in Charleston, Illinois.
Where is this apartment building located?
The property is located at 1202 Lincoln Ave Charleston, IL.
What are key features of this property?
This property features: 169 apartment units offered as one portfolio; 1202 Lincoln Ave, Charleston, IL 61920; Within walking distance of Eastern Illinois University
(913) 375-8254 Call to check price and availability
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