Quadplex

Mattoon, IL Quadplexes for Sale

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R-3 Quadplex with Updated Units
Updated: Jul 15
R-3 Quadplex with Updated Units

1520 Lafayette Avenue, Mattoon, IL 61938

$134,500
Four‑unit property built in 1882
R‑3 zoning
Three units cleaned and painted for occupancy
New flooring in unit 1520
Repainted units 314 and 1518 with newer flooring
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Mattoon, 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 with Yard
Four-Unit Quadplex with Yard

A-d-518 W Harris Avenue, Greenville, IL 62246

$150,000
3,328 sqft

Vacant apartments offer a starting point for repairs, cosmetic improvements, and tenant placement.

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4-Unit Multifamily Property
4-Unit Multifamily Property

518 W Harris Avenue #A-D, Greenville, IL 62246

$150,000

Four vacant apartments offer a range of layouts, individual utilities, and room for cosmetic improvements.

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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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Renovated Mixed-Use Building
Renovated Mixed-Use Building

218 W Main Street, Urbana, IL 61801

Contact for pricing

Historic property combines two commercial suites with four renovated two-bedroom apartments and secure residential entry.

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Mattoon, IL Quadplexes Market Trends and Statistics

Explore 1 quadplexes for sale in Mattoon, IL on our real estate platform.

Sale prices for four-unit buildings in Mattoon, IL average $134,500 — 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

Demographics Overview

Population 20K
Population Growth (5Y) -6.4%
Median Household Income $54,288
College Educated 31.1%

Taxes & Financing

Tax Rate (average for all types) 7.54%
Tax Rate vs County Average 0.14 pp below county avg
Average Loan-to-Value 65.0%

Property Size Breakdown

The majority of commercial real estate listings in Mattoon fall within the 100,000+ square foot range.

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