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Mattoon, IL Multifamily Properties for Sale

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Multi-Family and Commercial Investment
$750,000
53,579 SF

Multi-Family and Commercial Investment

4211 & 4213 Lake Land Blvd, Mattoon, IL 61938

19-unit multi-family and commercial property with consistent gross revenue.

  • 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
Updated: Feb 18
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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 1 Active listings in Mattoon, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Explore Opportunities in Nearby Cities

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

65-Unit Multifamily Investment Opportunity
$2,250,000

65-Unit Multifamily Investment Opportunity

High-yield multifamily property near Millikin University with value-add potential.

1740-1760 S Fairview Avenue, Decatur, IL 62521
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22-Space Mobile Home Community
$795,000

22-Space Mobile Home Community

Mobile home community in college town with public utilities.

617 W State St, Charleston, IL 61920
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RETAIL
$675,000
11,884 SF

RETAIL

Mixed-use properties · 11,884 SF

248 N Park St, Decatur, IL
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Student Housing Community Opportunity
Contact for pricing

Student Housing Community Opportunity

Three neighboring student housing communities near Eastern Illinois University.

965 4th St, Charleston, IL 61920
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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.

Belleville Buildable Residential Lot
Contact for pricing
0.63 Acres

Belleville Buildable Residential Lot

0.66 acre lot in Villa Hills, St. Clair County.

632 Fern Drive, Belleville, IL 62223
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Belleville Land For Sale
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0.60 Acres

Belleville Land For Sale

0.60 acre vacant lot in Villa Hills.

636 Fern Drive, Belleville, IL 62223
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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
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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
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Explore Off-Market Properties in Mattoon, IL

Consider similar Off-Market properties in Mattoon, 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.

1020 Wabash Ave

1020 Wabash Ave

Multifamily properties • 0.16 Acres
Value Estimation by Request
1020 Wabash Ave, Mattoon, IL 61938
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909 21St St

909 21St St

Multifamily properties • 17,632 SF
Value Estimation by Request
909 21St St, Mattoon, IL 61938
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Mattoon, IL Multifamily Properties Investment Opportunities Market Analysis

Explore 3 multifamily properties for sale in Mattoon, IL on our real estate platform. These investment opportunities span a total of 6,970 square feet of properties for sale, with an estimated market value of $0.00.

Sale prices for multifamily properties in Mattoon, IL start at $0.00, averaging $0.00, and reaching up to $0.00 — 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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