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    Charleston, IL
    Multifamily

    Charleston, IL Multifamily Properties for Sale

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    Student Housing Community Opportunity
    Updated: Feb 24
    Student Housing Community Opportunity

    965 4th St, Charleston, IL 61920

    Contact for pricing
    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
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    Income-Producing Multifamily Property Near EIU
    Updated: Oct 10, 2024
    Income-Producing Multifamily Property Near EIU

    1103 & 1105 6th St., Charleston, IL 61920

    $154,800
    Two income‑producing properties included in one parcel.
    Located a short walk from Eastern Illinois University, ideal for student rentals.
    Proven rental area with high demand, supporting steady occupancy and reliable cash flow.
    Well‑kept 3‑bedroom, 1‑bath unit with a functional layout.
    The second building is a spacious 4‑bedroom, 2‑bath home with generous living space.
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    Multifamily Apartment Portfolio
    Multifamily Apartment Portfolio

    1301, 1305, 1307,1309 & 1311 Arthur Ave, Charleston, IL 61920

    Contact for pricing

    Portfolio includes five apartment complexes with 31 total studio and one-bedroom units.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 3 Active listings in Charleston, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Residential Income Duplex
    Residential Income Duplex

    707 3RD Avenue, Terre Haute, IN 47807

    $189,000

    For sale duplex residential income property in Terre Haute, Indiana.

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    Residential Income Multifamily Property
    Residential Income Multifamily Property

    629 Swan Street, Terre Haute, IN 47807

    $215,000

    For sale multifamily residential income property at 629 Swan Street in Terre Haute, Indiana 47807.

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    Remodeled Duplex on Corner Lot
    Remodeled Duplex on Corner Lot

    2313 S Anderson Street, Urbana, IL 61801

    $249,900

    Duplex on a corner lot with both units remodeled and pre-inspected.

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    Ranch-Style Duplex with Garages
    Ranch-Style Duplex with Garages

    1109 Scovill Street, Urbana, IL 61801

    $185,000

    Well-maintained duplex offers two 2-bedroom units with detached garages and in-unit laundry setups.

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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.

    Commercial Land Development Parcel
    Commercial Land Development Parcel

    17039 Hillside Lane, Jerseyville, IL 62052

    $70,000
    2.10 AC lot

    Roughly two acres off Route 67 with utilities in place and an existing concrete pad for flexible development uses.

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    Wooded Homesite in Wheatfield, Indiana
    Wooded Homesite in Wheatfield, Indiana

    4418 Oakland Court, Wheatfield, IN 46392

    Contact for pricing
    0.57 AC lot

    Spacious, wooded 0.57-acre lot in established neighborhood.

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    University Park Developable Land
    University Park Developable Land

    976 Mesa Court, University Park, IL 60484

    Contact for pricing
    3.20 AC lot

    3.2 acres with 24 concrete housing pads in University Park.

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    Grand Rivers Land Opportunity
    Grand Rivers Land Opportunity

    L 41 & 42 Rolling Meadows Rd lot: 41 & 42, Grand Rivers, KY 42045

    Contact for pricing
    2.84 AC lot

    2.84 acres near I-24 and lakes in Grand Rivers.

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    Off-Market Properties in Charleston, IL

    Consider similar Off-Market properties in Charleston, 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.

    1103 6Th St
    Multifamily properties

    1103 6Th St, Charleston, IL 61920

    Value Estimation by Request
    0.30 AC lot
    View details

    Charleston, IL Multifamily Properties Market Trends and Statistics

    Explore 4 multifamily properties for sale in Charleston, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $154,800.

    Sale prices for multifamily properties in Charleston, IL start at $0.00, averaging $51,600, and reaching up to $154,800 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 2
    Mobile home & RV parks 1
    Quadplexes 1
    Triplexes 1

    Demographics Overview

    Population 21K
    Population Growth (5Y) -13.7%
    Median Household Income $54,229
    College Educated 50.7%

    High-Yield Neighborhoods for Investment

    Identify Charleston submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    61920 $154.8K

    Taxes & Financing

    Tax Rate (average for all types) 8.14%
    Tax Rate vs County Average 0.46 pp above county avg
    Average Loan-to-Value 65.0%

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