Quadplex

Charleston, IL Quadplexes for Sale

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Income-Producing Multifamily Property Near EIU
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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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Charleston, 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.

Mixed-Use Building with Retail
Mixed-Use Building with Retail

218 West Main Street, Urbana, IL 61801

$1,095,000
5,061 sqft

Historic mixed-use building features two leased ground-floor retail suites and four renovated 2-bed apartments.

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Four-Unit Residential Income Building
Four-Unit Residential Income Building

403 W Columbia Avenue, Champaign, IL 61820

$274,000
0.20 AC lot

Four 1-bedroom units provide a straightforward rental income setup with an established history.

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Champaign Multifamily Property For Sale
Champaign Multifamily Property For Sale

1011 W CHURCH Street, Champaign, IL 61821

$239,900
0.22 AC lot

Four-unit property with updates and redevelopment potential in Champaign, IL.

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Historic Mixed-Use Building
Historic Mixed-Use Building

218 Main St, Urbana, IL 61801

$995,000

Fully renovated and fully leased downtown Urbana building with two street-level commercial suites and four residential units.

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Charleston, IL Quadplexes Market Trends and Statistics

Explore 1 quadplexes for sale in Charleston, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $154,800.

Sale prices for four-unit buildings in Charleston, IL start at $154,800, averaging $154,800, and reaching up to $154,800 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 2
Mobile home & RV parks 1
Quadplexes 1
Triplexes 1

Demographics Overview

Population 21K
Population Growth (5Y) -13.7%
Median Household Income $54,229
College Educated 50.7%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
61920 $154.8K

Taxes & Financing

Tax Rate (average for all types) 8.14%
Tax Rate vs County Average 0.46 pp above county avg
Average Loan-to-Value 65.0%

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