Ellis Grove, IL Multifamily properties for sale

Updated: Jul 11

Ranch Quadplex with Covered Carports

100 N State Street, Ellis Grove, IL 62241

$400,000

2,000 sqft 0.46 AC lot

Four‑unit property with 2‑bed, 1‑bath layouts
Approximately 2,000 square feet on 0.46 acres
New metal roof scheduled for 2026
Heating and cooling systems are 5 years old
Covered carport for each unit; each fits two vehicles

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Updated: Aug 20

Quadplex with Covered Carports

100 N State St, Ellis Grove, IL 62241

$400,000

2,000 sqft

Four‑unit property with 2,000 square feet
Each unit has 2 bedrooms and 1 bath
New metal roof in 2026
Heating and cooling systems are 5 years old
Covered carport for two vehicles accompanies each unit

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 2 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

Opportunities in Nearby Cities

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

Triplex With Garage Apartment

1432 W Pine Street, Percy, IL 62272

$229,000

2,972 sqft 1.61 AC lot

Three-unit rental property with separate living spaces, covered parking, and public water service on a spacious parcel.

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Triplex with Six-Car Carport

1432 W Pine St, Percy, IL 62272

$229,000

2,972 sqft 1.61 AC lot

Three rental units include full basements, a garage apartment, and covered tenant parking on a 1.61-acre property.

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37-Pad Mobile Home Park

300 W Mill St Unit 37, Marissa, IL 62257

$175,000

In-town mobile home park with owner-held residences, tenant-owned homes, and additional adjoining land.

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Four-Unit Quadplex

434 East Dr, Marissa, IL 62257

$149,900

Residential income property with two-bedroom, one-bath units in Marissa, Illinois.

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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.

APARTMENT HOUSE (5+ UNITS)

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

Estimated value:

by Request

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Ellis Grove, IL Multifamily Properties Market Trends and Statistics

Explore 3 multifamily properties for sale in Ellis Grove, IL on our real estate platform. These investment opportunities span a total of 4,000 square feet of properties for sale, with an estimated market value of $800,000.

Sale prices for multifamily properties in Ellis Grove, IL average $400,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
62241	$400K

Neighborhood

Average Price

62241

$400K