Quadplex

Ellis Grove, IL Quadplexes for Sale

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Ranch Quadplex with Covered Carports
Updated: Jul 11
Ranch Quadplex with Covered Carports

100 N State Street, Ellis Grove, IL 62241

$400,000
2,000 sqft 0.46 AC lot
Four‑unit property with 2‑bed, 1‑bath layouts
Approximately 2,000 square feet on 0.46 acres
New metal roof scheduled for 2026
Heating and cooling systems are 5 years old
Covered carport for each unit; each fits two vehicles
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Quadplex with Covered Carports
Updated: Aug 20
Quadplex with Covered Carports

100 N State St, Ellis Grove, IL 62241

$400,000
2,000 sqft
Four‑unit property with 2,000 square feet
Each unit has 2 bedrooms and 1 bath
New metal roof in 2026
Heating and cooling systems are 5 years old
Covered carport for two vehicles accompanies each unit
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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 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.

Four-Unit Quadplex
Four-Unit Quadplex

427 East Drive, Marissa, IL 62257

$155,000

Four residential units offer two-bedroom layouts with one bathroom per unit and shared outdoor space.

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Four-Unit Apartment Building
Four-Unit Apartment Building

500 N Westridge Dr, Carbondale, IL 62901

$175,000

West Carbondale property with current occupancy, front parking, and updated laminate flooring in three apartments.

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Four Single-Family Homes Portfolio
Four Single-Family Homes Portfolio

909 W SYCAMORE Street, Carbondale, IL 62901

$149,900
3,200 sqft 0.70 AC lot

For sale portfolio with four single-family homes, with two already leased, each offering parking for two vehicles.

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Four-Unit Quadplex
Four-Unit Quadplex

434 East Dr, Marissa, IL 62257

$149,900

Residential income property with two-bedroom, one-bath units in Marissa, Illinois.

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Ellis Grove, IL Quadplexes Market Trends and Statistics

Explore 2 quadplexes for sale in Ellis Grove, IL on our real estate platform. These investment opportunities span a total of 4,000 square feet of properties for sale, with an estimated market value of $800,000.

Sale prices for four-unit buildings in Ellis Grove, IL average $400,000 — 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 2

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 $400K

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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