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Champaign, IL Multifamily Properties for Sale

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12 results
Turnkey 9-Unit Investment Property
$455,000
0.19 Acres

Turnkey 9-Unit Investment Property

613 W Church Street, Champaign, IL 61820

Fully renovated 9-unit building near Downtown Champaign.

  • Turnkey 9‑unit investment property with immediate, stable cash flow.
  • Proven income of $56,400 gross over the past 12 months, with current leases supporting $5,400/month at full occupancy.
  • Fully renovated in 2024 with major roof repairs, new electric water heater, updated kitchenettes and bathrooms, fresh paint, and secure electronic entry.
  • Efficient unit mix of six SRO units and three studio apartments, each with a private bathroom.
  • Strategically located near Downtown Champaign, Westside Park, and Champaign Central High School.
Updated: Mar 5
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Downtown Champaign Mixed-Use Building
$1,250,000
0.08 Acres

Downtown Champaign Mixed-Use Building

320 N Neil Street, Champaign, IL 61820

Prime mixed-use property in downtown Champaign with rental income.

  • Prime downtown location in Champaign's central business district (CB2 zoning).
  • Mixed‑use property with income‑generating two‑bedroom apartment, leased through 07/31/2026 at $1,800/month.
  • First floor configured for nightclub/bar use with existing 28' bar, sprinkler system, and handicap accessibility.
  • Spacious 5,865 SF above grade plus 1,620 SF basement with walk‑in cooler and storage.
  • Second‑floor apartment features 14' ceilings, fireplace, and separate HVAC and electrical service.
Updated: Feb 10
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All-Brick Duplex in Champaign, IL
$230,000
0.30 Acres

All-Brick Duplex in Champaign, IL

Well-maintained duplex with hardwood floors and strong rental history.

1210-1212 Julie Drive, Champaign, IL 61821
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Well-Maintained Duplex in Champaign, IL
$225,000
0.26 Acres

Well-Maintained Duplex in Champaign, IL

All-brick duplex with hardwood floors and strong rental history.

1805-1807 Jeanne Street, Champaign, IL 61821
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Champaign Multifamily Property For Sale
$239,900
0.22 Acres

Champaign Multifamily Property For Sale

Four-unit property with updates and redevelopment potential in Champaign, IL.

1011 W CHURCH Street, Champaign, IL 61821
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Champaign Multifamily Building For Sale
$249,900

Champaign Multifamily Building For Sale

Six-unit building in Champaign, ideal for future development.

1013 W Church Street, Champaign, IL 61820
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Downtown Champaign Apartment Building Investment
$5,000,000
0.17 Acres

Downtown Champaign Apartment Building Investment

32-unit apartment building in downtown Champaign with strong leasing history.

11 E Columbia Avenue, Champaign, IL 61820
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Champaign Multifamily Investment Opportunity
$185,000

Champaign Multifamily Investment Opportunity

Multifamily property with strong rental history near amenities in Champaign, IL.

1604 Kirk Lane, Champaign, IL 61821
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Leased Residential Income Property
$175,000

Leased Residential Income Property

Two-unit property with strong rental potential, currently leased.

1507 N Mckinley Avenue, Champaign, IL 61821
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Spacious Townhomes Near University
Contact for pricing

Spacious Townhomes Near University

45-unit townhome community near the University of Illinois.

1801 West John Street, Champaign, IL 61821
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Downtown Champaign Mixed-Use Building
$2,400,000
18,576 SF

Downtown Champaign Mixed-Use Building

Historic building with residential and commercial spaces in downtown Champaign.

112 W Hill Street, Champaign, IL 61820
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Prime Development Land Near UIUC
Contact for pricing

Prime Development Land Near UIUC

2.25 acres near University of Illinois Urbana-Champaign campus.

113 E University Ave, Champaign, IL 61820
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Based on your search, we've compiled 66 Potential Opportunities for your consideration. Besides 12 Active listings in Champaign, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 46 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Urbana Duplex Near U of I
$159,900
0.22 Acres

Urbana Duplex Near U of I

Well-located Urbana duplex with strong rental potential near U of I.

1207 N Linview Avenue, Urbana, IL 61801
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Well-Maintained 5-Unit Near Campus
$599,000
0.18 Acres

Well-Maintained 5-Unit Near Campus

Prime location near University of Illinois with on-site parking.

709 W Nevada Street, Urbana, IL 61801
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Danville Brick Duplex For Sale
$79,900

Danville Brick Duplex For Sale

Brick duplex in Danville, Illinois, with rental income potential.

1003 N Franklin Street, Danville, IL 61832
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Centrally Located Multifamily Property
$79,900
1,400 SF

Centrally Located Multifamily Property

Multifamily investment opportunity in a central location.

1003 N Franklin St, Danville, IL 61832
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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Vacant Lot in Gated Community
Contact for pricing
0.12 Acres

Vacant Lot in Gated Community

Vacant lot in gated community with many amenities for seasonal living.

2795 E 28th Lot 1205 Road, Seneca, IL 61360
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University Park Developable Land
Contact for pricing
3.20 Acres

University Park Developable Land

3.2 acres with 24 concrete housing pads in University Park.

976 Mesa Court, University Park, IL 60484
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Belleville Buildable Residential Lot
Contact for pricing
0.63 Acres

Belleville Buildable Residential Lot

0.66 acre lot in Villa Hills, St. Clair County.

632 Fern Drive, Belleville, IL 62223
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Belleville Land For Sale
Contact for pricing
0.60 Acres

Belleville Land For Sale

0.60 acre vacant lot in Villa Hills.

636 Fern Drive, Belleville, IL 62223
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Explore Off-Market Properties in Champaign, IL

Consider similar Off-Market properties in Champaign, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

105 Armory Ave

105 Armory Ave

BOARDING/ROOMING HOUSE
Value Estimation
$2,000,000
105 Armory Ave, Champaign, IL 61820-6614
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303 John St

303 John St

BOARDING/ROOMING HOUSE
Value Estimation
$2,100,000
303 John St, Champaign, IL 61820-5612
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4809 Windsor Rd

4809 Windsor Rd

MOBILE HOME PARK, TRAILER PARK • 35.00 Acres
Value Estimation
$8,955,000
4809 Windsor Rd, Champaign, IL 61822-9206
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1301 Leverett Rd

1301 Leverett Rd

MOBILE HOME PARK, TRAILER PARK • 5.70 Acres
Value Estimation by Request
1301 Leverett Rd, Champaign, IL 61822-9412
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208 Daniel St

208 Daniel St

BOARDING/ROOMING HOUSE
Value Estimation
$5,775,000
208 Daniel St, Champaign, IL 61820-6015
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301 Armory Ave

301 Armory Ave

BOARDING/ROOMING HOUSE
Value Estimation by Request
301 Armory Ave, Champaign, IL 61820-6701
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515 Edgebrook Dr

515 Edgebrook Dr

MOBILE HOME PARK, TRAILER PARK
Value Estimation by Request
515 Edgebrook Dr, Champaign, IL 61820-2186
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565 County Rd 1600th N

565 County Rd 1600th N

MOBILE HOME PARK, TRAILER PARK • 0.82 Acres
Value Estimation by Request
565 County Rd 1600th N, Champaign, IL 61822-8603
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565 County Rd 1600th N

565 County Rd 1600th N

MOBILE HOME PARK, TRAILER PARK • 1.78 Acres
Value Estimation by Request
565 County Rd 1600th N, Champaign, IL 61822-8603
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611 Daniel St

611 Daniel St

BOARDING/ROOMING HOUSE
Value Estimation by Request
611 Daniel St, Champaign, IL 61820-6213
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803 2nd St

803 2nd St

BOARDING/ROOMING HOUSE
Value Estimation by Request
803 2nd St, Champaign, IL 61820-6018
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1105 4th St

1105 4th St

BOARDING/ROOMING HOUSE
Value Estimation by Request
1105 4th St, Champaign, IL 61820-6705
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Champaign, IL Multifamily Properties Investment Opportunities Market Analysis

Explore 58 multifamily properties for sale in Champaign, IL, showcased through 12 active listings on our real estate platform. These investment opportunities span a total of 1,911,012 square feet of properties for sale, with an estimated market value of $17,904,900.

Sale prices for multifamily properties in Champaign, IL start at $170,000, averaging $1,627,718, and reaching up to $9,065,000 — 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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