Advertise
    Ellis Grove, IL
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Property Types
    1
    • Retail
    • Office
    • Residential Income
    • Restaurants
    • Industrial
    • Mixed-Use
    • Hospitality
    • Health Care
    • Sports & Entertainment
    • Land
    • Agricultural
    • Specialty
    Price
    Price
    $
    $

    Ellis Grove, IL Multifamily Properties for Sale

    Notify Me
    List
    Map
    Walsh, IL Evansville, IL Chester, IL
    Well-Maintained Ellis Grove Quadplex
    $425,000
    2,000 SF
    Well-Maintained Ellis Grove Quadplex

    100 N State Street, Ellis Grove, IL 62241

    Four-unit property with long-term tenants and carport parking.
    • New metal roof (installed in 2026)
    • Well‑maintained 4‑plex with long‑term tenants.
    • Heating/cooling systems are only 5 years old.
    • Each unit has a covered carport space for two vehicles.
    • All units are 2‑bed, 1‑bath.
    Updated: May 1
    View details
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Ellis Grove, 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.

    De Soto Income Producing Property
    $530,000
    10.24 Acres
    De Soto Income Producing Property

    All-age community with 14 income-producing units on 10.24 acres.

    2902 Clay Street, De Soto, MO 63020

    View details
    De Soto Investment Property Portfolio
    $680,000
    0.34 Acres
    De Soto Investment Property Portfolio

    Eight-unit portfolio in growing rental market near schools and highways.

    206 Kronos Drive, De Soto, MO 63020

    View details
    Farmington Multifamily Portfolio Opportunity
    Contact for pricing
    Farmington Multifamily Portfolio Opportunity

    Two multifamily properties in Farmington, Missouri, with value-add potential.

    601 Wallace Road, Farmington, MO 63640

    View details
    Farmington Multifamily Portfolio Opportunity
    Contact for pricing
    Farmington Multifamily Portfolio Opportunity

    Two multifamily properties in Farmington, Missouri, totaling 135 units.

    4826 Red Rooster Road, Farmington, MO 63640

    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.

    Recreational Land Near Lake Perry
    $90,000
    22,215 SF
    Recreational Land Near Lake Perry

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

    1003 Port Perry Drive, Perryville, MO 63775

    View details
    Residential Lot in Park Hills
    Contact for pricing
    0.26 Acres
    Residential Lot in Park Hills

    Corner lot suitable for building or mobile home placement.

    226 N Large Street, Park Hills, MO 63601

    View details
    Ozark Land with Creek Frontage
    $34,995
    1.65 Acres
    Ozark Land with Creek Frontage

    1.65+/- acre property with Twelve Mile Creek frontage.

    0 Madsion CR 410 (116), Fredericktown, MO 63645

    View details
    Wooded Land Near Black River
    $52,000
    8.89 Acres
    Wooded Land Near Black River

    9-acre wooded lot near Black River with recreational opportunities.

    Lot Ee&ee(s) Hidden Valley Lakes, Annapolis, MO 63620

    View details

    Off-Market Properties in Ellis Grove, IL

    Consider similar Off-Market properties in Ellis Grove, 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.

    310 1st St
    APARTMENT HOUSE (5+ UNITS)
    Value Estimation by Request

    310 1st St, Ellis Grove, IL 62241-1438

    View details

    Ellis Grove, IL Multifamily Properties Investment Opportunities Market Analysis

    Explore 2 multifamily properties for sale in Ellis Grove, IL on our real estate platform. These investment opportunities span a total of 2,000 square feet of properties for sale, with an estimated market value of $425,000.

    Sale prices for multifamily properties in Ellis Grove, IL start at $425,000, averaging $425,000, and reaching up to $425,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Quadplexes 1

    Demographics Overview

    Population 891
    Population Growth (5Y) -9.9%
    Median Household Income $81,429
    College Educated 13.9%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    62241 $425K

    Taxes & Financing

    Tax Rate (average for all types) 5.97%
    Tax Rate vs County Average 0.90 pp below county avg
    Average Loan-to-Value 65.0%

    Total CRE Inventory on Market (SF)

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Most Searched ZIP Codes in Ellis Grove, IL

    • 62241

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!