Student Housing Community
For Sale
Contact for pricing
965 4th St, Charleston, IL 61920
Three neighboring student housing communities near Eastern Illinois University.
Property SizeContact for details
Days on Market177
Property Features for 965 4th St
General Information
Standard status
Active
Property subtype
Multifamily
Listing Agency:
ParaSell Inc
(949) 942-6585
Listed By:
Scott Reid · License #C32060
Source:
Crexi
Added: Feb 24
Changed: Aug 18
Last Checked: Aug 19 at 1:42PM
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 ParaSell Inc
Investment Insights
Based on property information with market context.
This offering presents the opportunity to acquire three neighboring student housing communities located in Charleston, Illinois, within walking distance of Eastern Illinois University. The properties include Brooklyn Heights, a 34-unit community featuring 56 beds with a mix of one- and two-bedroom units, constructed in 2010. Bed-bath parity is present in these units. Melrose on 4th comprises 32 units and 64 beds, offering two-bedroom units also with bed-bath parity, and was built in 2008. Millennium consists of 50 units and 128 beds, with a mix of one-, two-, and three-bedroom units. This building was originally constructed in 2002 and fully renovated in 2023.
Key Highlights
- Fully renovated in 2023 (Millennium community)
- Pedestrian access to Eastern Illinois University
- Three neighboring student housing communities
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
722
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Apartment building - Three neighboring student housing communities near Eastern Illinois University.
Where is this apartment building located?
The property is located at 965 4th St Charleston, IL.
What are key features of this property?
This property features: Fully renovated in 2023 (Millennium community); Pedestrian access to Eastern Illinois University; Three neighboring student housing communities
