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    Charleston, IL
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    Charleston, IL Multifamily Properties for Sale

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    Mattoon, IL Hindsboro, IL Arcola, IL
    Student Housing Community Opportunity
    Contact for pricing
    Student Housing Community Opportunity

    965 4th St, Charleston, IL 61920

    Three neighboring student housing communities near Eastern Illinois University.
    • 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
    Updated: Feb 24
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    Income-Producing Multifamily Property Near EIU
    $154,800
    Income-Producing Multifamily Property Near EIU

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

    Two income properties near Eastern Illinois University, ideal for rentals.
    • 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.
    Updated: Oct 10, 2024
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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 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.

    Urbana Multifamily Investment Opportunity
    $589,000
    0.18 Acres
    Urbana Multifamily Investment Opportunity

    Well-maintained 5-unit property near University of Illinois campus.

    709 W Nevada Street, Urbana, IL 61801

    View details
    Updated Duplex with Garages and Decks
    $274,000
    Updated Duplex with Garages and Decks

    Well-maintained duplex for sale with attached garages, private fenced yards, and updated major exterior systems.

    1105 E Florida Avenue, Urbana, IL 61801

    View details
    Terre Haute Duplex For Sale
    $350,000
    Terre Haute Duplex For Sale

    Duplex property for sale in Terre Haute, Indiana.

    800/802 S 4th Street, Terre Haute, IN 47807

    View details
    Terre Haute Multiplex For Sale
    $99,900
    Terre Haute Multiplex For Sale

    Multiplex property for sale in Terre Haute, Indiana.

    627 S Center Street, Terre Haute, IN 47807

    View details

    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.

    Unrestricted Land Near Route 67
    $70,000
    2.10 Acres
    Unrestricted Land Near Route 67

    2.1 acres with boundless possibilities near Jerseyville and Godfrey.

    17039 Hillside Lane, Jerseyville, IL 62052

    View details
    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

    View details
    Wooded Homesite in Wheatfield, Indiana
    Contact for pricing
    0.57 Acres
    Wooded Homesite in Wheatfield, Indiana

    Spacious, wooded 0.57-acre lot in established neighborhood.

    4418 Oakland Court, Wheatfield, IN 46392

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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

    View details

    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
    Lot: 0.30 Acres

    1103 6Th St, Charleston, IL 61920

    View details

    Charleston, IL Multifamily Properties Investment Opportunities Market Analysis

    Explore 3 multifamily properties for sale in Charleston, IL 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 $77,400, 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

    Apartment buildings 1
    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 median 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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