Quadplex

Ellis Grove, IL Quadplexes for Sale

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Walsh, IL Evansville, IL Ste Genevieve, MO Chester, IL Saint Mary, MO Ruma, IL Steeleville, IL Red Bud, IL
Well-Maintained 4-Plex Residence
Updated: May 1
Well-Maintained 4-Plex Residence

100 N State Street, Ellis Grove, IL 62241

$425,000
2,000 sqft 0.46 AC lot
Well‑maintained 4‑plex with two 2‑bed, 1‑bath units plus two additional 2‑bed, 1‑bath units
New metal roof scheduled for 2026; heating and cooling systems are about 5 years old
Each unit offers a covered carport space that fits two vehicles, with porch‑style seating space
Units are month‑to‑month; long‑term tenants in two units and seller resides in one unit
Ranch‑style buildings with open floorplan; public utilities include public water
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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 Quadplex with Storefront
Mixed-Use Quadplex with Storefront

108-110 E Main Street, Mascoutah, IL 62258

$400,000
3,838 sqft 0.07 AC lot

Four-unit mixed-use building with two leased commercial spaces and a vacant upstairs residential unit.

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Four-Unit Residential Income Property
Four-Unit Residential Income Property

427 East Drive, Marissa, IL 62257

$155,000

Four two-bedroom, one-bath units offer flexible options for investors or owner-occupancy under one roof.

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Brick Quadplex with Detached Garage
Brick Quadplex with Detached Garage

7726 Minnesota Avenue, St, Louis, MO 63111

$219,900
6,144 sqft 0.16 AC lot

Brick quadplex on a small lot with central air, framed for four units, plus a detached garage and parking pad.

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Fourplex with Deck
Fourplex with Deck

208 Bellerive Boulevard, St, Louis, MO 63111

$179,900
3,060 sqft 0.08 AC lot

Brick fourplex with zoned cooling and a deck, built in 1914, with two lower units currently tenant occupied.

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Ellis Grove, IL Quadplexes Market Trends and Statistics

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 average $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%

Listings Trend

New vs delisted commercial listings in Randolph County

New Delisted

Total CRE Inventory on Market (SF)

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