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    Monticello, IL
    Multifamily

    Monticello, IL Multifamily Properties for Sale

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    De Land, IL Bement, IL Ivesdale, IL Seymour, IL Tolono, IL Cerro Gordo, IL De Witt, IL Mansfield, IL
    Mixed-Use Building with Apartments
    Updated: Apr 11
    Mixed-Use Building with Apartments

    110-112 N Charter Street E, Monticello, IL 61856

    Contact for pricing
    First‑floor attorney office with two upstairs apartments
    Residential unit mix includes one 1‑bedroom and one 2‑bedroom apartment
    New roof installed in 2010
    Steel lintels above 7 windows replaced in 2011
    Remaining lintels replaced in 2017
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    Duplex Income Property
    Updated: Apr 11
    Duplex Income Property

    491-495 N Buchanan St, Monticello, IL 61856

    Contact for pricing
    Well‑kept 2‑unit duplex with 2‑bedroom, 1‑bath units
    Each unit includes living room, dining room, kitchen, and a laundry room
    Rents are $600 per side
    Appliances included except washer and dryer
    Leases will be provided at closing
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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 6 Potential Opportunities for your consideration. Besides 2 Active listings in Monticello, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    4-Unit Quadplex with Attached Garages
    4-Unit Quadplex with Attached Garages

    3738-3744 Summer Sage Ct, Champaign, IL 61822

    $800,000

    Three units are leased through July 2027, while the fourth has been renovated for occupancy.

    View details
    Brick Apartment Building with Expansion Space
    Brick Apartment Building with Expansion Space

    De Land, IL 61839

    $315,000

    Brick multifamily property with existing units, distinctive original details, and unfinished interior space for additional improvements.

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    Five-Unit Historic Apartment Building
    Five-Unit Historic Apartment Building

    De Land, IL 61839

    $315,000

    Reimagined interiors retain exposed brick, high ceilings, wide hallways, and large windows.

    View details
    Multifamily Apartment Community
    Multifamily Apartment Community

    2106 W White St, Champaign, IL 61821

    Contact for pricing

    Market-rate multifamily community with over 500 units and an active renovation program, including a newly built clubhouse.

    View details

    Monticello, IL Multifamily Properties Market Trends and Statistics

    Explore 2 multifamily properties for sale in Monticello, IL on our real estate platform.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 1

    Demographics Overview

    Population 8,110
    Population Growth (5Y) +2.9%
    Median Household Income $94,841
    College Educated 53.3%

    Taxes & Financing

    Tax Rate (average for all types) 6.81%
    Tax Rate vs County Average 0.35 pp below county avg
    Average Loan-to-Value 65.0%

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