Coles County, IL Multifamily properties for sale

Updated: Feb 18

Multi-Family and Commercial Investment

4211 & 4213 Lake Land Blvd, Mattoon, IL 61938

$750,000

53,579 sqft

19‑unit Multi‑Family and Commercial property investment opportunity
Consistent $135k gross revenue for 3 consecutive years
New gutters & roof installed on the apartment building in 2024 (excluding the upper level)
TPO layer on the commercial building (4211)
Attractive mix of unit types: 11 two‑bed, two‑bath units; 1 one‑bed, one‑bath unit; and 7 studio apartments

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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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Student Housing Community Opportunity

965 4th St, Charleston, IL 61920

Contact for pricing

Three neighboring student housing communities near Eastern Illinois University.

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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 10 Potential Opportunities for your consideration. Besides 3 Active listings in Coles County, IL, we suggest exploring several alternatives: similar 3 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

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

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

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

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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Recreational Land Near Lake Perry

1003 Port Perry Drive, Perryville, MO 63775

$90,000

22,215 sqft

Half-acre recreational lot with utilities near Lake Perry amenities.

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Off-Market Properties in Coles County, IL

Consider similar Off-Market properties in Coles County, 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.

Multifamily properties

1020 Wabash Ave, Mattoon, IL 61938

Value Estimation by Request

0.16 AC lot

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Multifamily properties

909 21St St, Mattoon, IL 61938

Value Estimation by Request

17,632 sqft

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Multifamily properties

1103 6Th St, Charleston, IL 61920

Value Estimation by Request

0.30 AC lot

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Coles County, IL Multifamily Properties Market Trends and Statistics

Explore 6 multifamily properties for sale in Coles County, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 53,579 square feet of properties for sale, with an estimated market value of $750,000.

Sale prices for multifamily properties in Coles County, IL start at $750,000, averaging $750,000, and reaching up to $750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.