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    Student Housing Community Opportunity Title is generated by Realmo AI

    965 4th St, Charleston, IL 61920

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    For Sale
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    Three neighboring student housing communities near Eastern Illinois University.

    Type:Multifamily
    Added:
    Feb 24, 2026
    Days on Market:
    86
    Last Refresh:
    Mar 17 at 1:17 pm

    Property Features for 965 4th St

    General Information

    Standard status
    Active
    Property subtype
    Multifamily

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    Listing Contact
    Scott Reid

    Listing agent Scott Reid License #TX - 9009637

    Listing office ParaSell Inc

    Listing date Feb 24, 2026

    Source Crexi

    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

    HighLights

    • 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
    • Mix of one, two, and three‑bed units available

    Overview

    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.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Brooklyn Heights Apartments Apartment Building

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Charleston
    County
    Coles
    State
    Illinois
    Longitude
    -88.176972
    Latitude
    39.488669

    FAQs

    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
    More about this property
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