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    Champaign County, IL Multifamily Properties for Sale

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    Corner Apartment Building with Porch
    Updated: Nov 22, 2025
    Corner Apartment Building with Porch

    212 W High Street, Urbana, IL 61801

    $400,000
    2,204 sqft
    Fully leased corner apartment building with five 1‑bedroom, 1‑bath units (212 W High).
    Coin‑operated laundry in the basement.
    Tenants pay electric; owner covers heat, water, garbage, lawncare, and sewer.
    4 covered parking spots plus additional space for a 5th tenant and guests.
    Wrap‑around front porch and corner lot with lots of green space.
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    This listing looks promising.

    Here's a quick look at some key insights for

    212 W High Street, Urbana, IL 61801

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    • Est. Cap Rate

      4.3%
      NOI ÷ price

    • Est. NOI

      $17K
      Annual

    • Price @ 7% Cap

      $243K
      Suggested

    • Property Type

      Multi-Family Dwellings
      Built 1893
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    Victorian Triplex with Off-Street Parking
    Updated: Aug 24
    Victorian Triplex with Off-Street Parking

    408 W Healey Street, Champaign, IL 61820

    $220,000
    0.20 AC lot
    Three‑unit Victorian property built in 1903
    All three units leased through July 2027
    0.2‑acre lot at 408 W Healey Street, Champaign, IL 61820
    First‑floor unit with living room, dining room, bedroom, full bath, and eat‑in kitchen
    Two one‑bedroom efficiency units with kitchens and full baths
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    8-Unit Apartment Building
    8-Unit Apartment Building

    206 Grove Street, Urbana, IL 61802

    $899,000
    0.19 AC lot

    Two-bedroom layouts include full kitchens, dining areas, stackable laundry, and private patio or balcony access.

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    Four-Unit Quadplex
    Four-Unit Quadplex

    403 W Columbia Avenue, Champaign, IL 61820

    $274,000
    0.20 AC lot

    Four one-bedroom, one-bath residences with driveway parking and public utilities.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Renovated Mixed-Use Building with Retail
    Renovated Mixed-Use Building with Retail

    218 W Main Street, Urbana, IL 61801

    $995,000
    7,750 sqft

    Historic Stephen's Building offers two leased ground-floor retail spaces and four fully renovated apartments.

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    5-Unit Apartment Building
    5-Unit Apartment Building

    709 W Nevada Street, Urbana, IL 61801

    $589,000
    0.18 AC lot

    Four two-bedroom apartments and one three-bedroom apartment, with basement laundry.

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    Renovated 9-Unit Apartment Building
    Renovated 9-Unit Apartment Building

    613 W Church Street, Champaign, IL 61820

    $339,000
    0.19 AC lot

    The property combines SRO and studio units, each with a private bathroom.

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    Five-Unit Apartment Building
    Five-Unit Apartment Building

    212 W High Street, Urbana, IL 61801

    $400,000
    0.24 AC lot

    Corner-lot property with covered parking, basement laundry, and a wraparound front porch.

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    Restaurant and Residential Building
    Restaurant and Residential Building

    10 E CHESTER ST, Champaign, IL 61820

    Contact for pricing
    7,000 sqft

    Two-level property combines an established restaurant with a large two-bedroom residential unit.

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    11-Unit Apartment Property
    11-Unit Apartment Property

    503 W Green Street, Urbana, IL 61801

    $725,000

    Fully leased apartment property with studios, one- and two-bedroom layouts, substantial parking, and MULTI zoning.

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    Updated Duplex
    Updated Duplex

    709 W California Avenue, Urbana, IL 61801

    $360,000

    Tenants cover utilities other than sanitary service.

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    Triplex Redevelopment Opportunity with Basement
    Triplex Redevelopment Opportunity with Basement

    501 W. California Ave, Urbana, IL 61801

    Contact for pricing
    3,100 sqft

    Three-unit apartment building redevelopment with permits through 12/23/26 and a 1,300-square-foot basement with direct exterior access.

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    10-Bedroom Apartment Building
    10-Bedroom Apartment Building

    805 W Oregon Street, Urbana, IL 61801

    $335,000

    Leased rooming-house property near campus with a lease extending through July 2027.

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    Remodeled Brick Duplex
    Remodeled Brick Duplex

    2313 S Anderson Street, Urbana, IL 61801

    $249,900

    Two-unit property on a corner lot with garage parking and public utilities.

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    Six-Unit Apartment Building
    Six-Unit Apartment Building

    1013 W Church Street, Champaign, IL 61821

    $199,900

    Multifamily property with varied studio and one-bedroom layouts, individual kitchens, and a detached two-car garage.

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    16-Unit Apartment Complex
    16-Unit Apartment Complex

    1942 COUNTY ROAD 3000N, Rantoul, IL 61866

    $685,000
    1.45 AC lot

    Two all-brick residential buildings offer varied one- and two-bedroom layouts with tenant-paid utilities and on-site parking.

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    16-Unit Brick Apartment Buildings
    16-Unit Brick Apartment Buildings

    1942 County Road 3000 North, Rantoul, IL 61866

    $685,000
    63,732 sqft

    Two residential buildings offer a defined unit mix, private utility systems, resident parking, and owner-supplied appliances.

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    32-Unit Apartment Building with Elevator
    32-Unit Apartment Building with Elevator

    11 East Columbia Avenue, Champaign, IL 61820

    $5,000,000
    7,564 sqft

    Downtown building offers secure access, covered parking, and in-unit laundry.

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    52-Pad Mobile Home Community
    52-Pad Mobile Home Community

    1 Mahoning Ave, Rantoul, IL 61866

    Contact for pricing
    186,436 sqft

    52-pad mobile home community with 49 occupied, municipal water and sewer, and off-street parking for residents.

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    Historic Greek Housing Multifamily Property
    Historic Greek Housing Multifamily Property

    606 W Ohio St, Urbana, IL 61801

    Contact for pricing
    10,000 sqft 0.34 AC lot

    Three-story campus-area housing property with shared dining, kitchen, parking, and chapter-house facilities.

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    4-Unit Quadplex with Attached Garages
    4-Unit Quadplex with Attached Garages

    3738-3744 Summer Sage Ct, Champaign, IL 61822

    $800,000

    Three units are leased through July 2027, while the fourth has been renovated for occupancy.

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    Duplex with Attached Garages
    Duplex with Attached Garages

    1615 /1617 W Union St, Champaign, IL 61821

    $305,000

    Two residential units combine private outdoor access, in-unit laundry, equipped kitchens, and separate attached parking.

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    7-Unit Townhouse-Style Apartments
    7-Unit Townhouse-Style Apartments

    2012 Vawter Street, Urbana, IL 61801

    $575,000

    Updated, fully occupied apartments with central air, covered parking, and basement storage and laundry areas.

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    Two-Unit Duplex with Attached Garages
    Two-Unit Duplex with Attached Garages

    1615/1617 W Union St, Champaign, IL 61821

    $305,000

    1998-built income property with separate residential layouts and built-in kitchen appliances.

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    Champaign County, IL Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Champaign County, IL, showcased through 62 active listings on our real estate platform. These investment opportunities span a total of 287,786 square feet of properties for sale, with an estimated market value of $15,599,700.

    Sale prices for multifamily properties in Champaign County, IL start at $125,000, averaging $623,988, and reaching up to $5,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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