Ellis Grove, IL
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    Ellis Grove, IL Quadplexes for Sale

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    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
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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Ellis Grove, 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 4-Plex in Downtown Mascoutah
    $400,000
    3,838 SF
    Mixed-Use 4-Plex in Downtown Mascoutah

    Mixed-use 4-plex with income potential in downtown Mascoutah.

    108-110 E Main Street, Mascoutah, IL 62258

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    Mixed-Use 4-Plex in Downtown Mascoutah
    $400,000
    0.06 Acres
    Mixed-Use 4-Plex in Downtown Mascoutah

    Mixed-use 4-plex with income potential in downtown Mascoutah.

    108-110 E Main Street, Mascoutah, IL 62258

    View details
    Brick Quadplex with Detached Garage
    $219,900
    6,144 SF
    Brick Quadplex with Detached Garage

    A brick 4-unit building with a framed layout for large units, plus a yard with parking pad and detached garage.

    7726 Minnesota Avenue, St, Louis, MO 63111

    View details
    St Louis Fourplex Opportunity
    $273,000
    3,060 SF
    St Louis Fourplex Opportunity

    Fourplex in Carondelet neighborhood with high cap rate.

    204 Bellerive Boulevard, St, Louis, MO 63111

    View details

    Ellis Grove, IL Quadplexes Investment Opportunities Market Analysis

    Explore 1 quadplexes 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 four-unit buildings 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.

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    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)

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