Residential Income

Champaign County, IL Residential Income Properties for Sale

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10-Unit Apartment Building
Updated: Sep 15
10-Unit Apartment Building

705 W Elm Street, Urbana, IL 61801

$825,000
0.14 AC lot
10‑unit apartment building with six 2 BD units and four 1 BD units
Fully leased for the 2026/2027 school year
On‑campus Urbana location
On‑site laundry facility and tenant parking available to rent
Furnished efficiencies with fiber‑optic internet
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Two-Unit Duplex with Garages
Updated: Oct 2
Two-Unit Duplex with Garages

109 W Madison Street, Philo, IL 61864

$165,000
0.28 AC lot
Two 2‑bedroom, 1‑bathroom units; over 2,000 square feet
0.28‑acre property in Philo, IL
Residential leases run through April 2027
Detached 3‑car garage and separate 1‑car garage, both leased for storage
Separately metered electric; shared water and gas are billed back to tenants
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Multifamily Property with Townhouses
Multifamily Property with Townhouses

705 E Colorado Avenue, Urbana, IL 61801

$2,500,000
0.87 AC lot

The rental community offers varied apartment and townhouse layouts, secured entry, and off-street parking.

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Apartment Complex with Townhouses
Apartment Complex with Townhouses

705 E Colorado Avenue, Urbana, IL 61801

$2,500,000
31,602 sqft

Secured entry, fiber-optic internet access, and off-street parking serve a mix of apartments and townhouses.

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Mixed-Use Building with Office
Mixed-Use Building with Office

117 N Broadway, Urbana, IL 61801

$365,000
0.05 AC lot

Ground-floor office space is paired with two upstairs one-bedroom apartments and rear parking.

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Two-Story Mixed-Use Building
Two-Story Mixed-Use Building

320 N Neil Street, Champaign, IL 61820

$1,250,000
0.08 AC lot

Brick commercial property combines a configured bar venue with a leased residential apartment and separate building systems.

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8-Unit Apartment Building
8-Unit Apartment Building

206 Grove Street, Urbana, IL 61802

$899,000
0.19 AC lot

Eight two-bedroom homes include private outdoor space and in-unit laundry.

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8-Unit Apartment Building
8-Unit Apartment Building

206 Grove St, Urbana, IL 61802

$899,000
7,200 sqft

Each residence has in-unit laundry, a private patio or balcony, and access to surface parking.

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Four-Unit Quadplex
Four-Unit Quadplex

403 W Columbia Avenue, Champaign, IL 61820

$259,000
0.20 AC lot

Four one-bedroom, one-bath residences with driveway parking and public utilities.

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Furnished Five-Unit Apartment Building
Furnished Five-Unit Apartment Building

707 W Elm Street, Urbana, IL 61801

$575,000

Furnished apartments offer fireplaces, private outdoor space, assigned parking, and on-site laundry facilities.

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Restaurant and Residential Building
Restaurant and Residential Building

10 E CHESTER ST, Champaign, IL 61820

Contact for pricing
7,000 sqft

Two-level property combines an established restaurant with a large two-bedroom residential unit.

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5-Unit Apartment Building
5-Unit Apartment Building

709 W Nevada Street, Urbana, IL 61801

$589,000
0.18 AC lot

Four two-bedroom apartments and one three-bedroom apartment, with basement laundry.

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New Four-Unit Townhome Quadplex
New Four-Unit Townhome Quadplex

3310 Stoneway Court, Champaign, IL 61822

$940,000

Fully leased residential income property with three-bedroom units, private garages, and in-unit laundry.

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Triplex Redevelopment Opportunity with Basement
Triplex Redevelopment Opportunity with Basement

501 W. California Ave, Urbana, IL 61801

Contact for pricing
3,100 sqft

Three-unit apartment building redevelopment with permits through 12/23/26 and a 1,300-square-foot basement with direct exterior access.

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Two-Unit Duplex with Detached Garage
Two-Unit Duplex with Detached Garage

401 S Main Street, Homer, IL 61849

$152,000

Both residences are leased and have updated kitchens, in-unit laundry, and independent heating and water-heating systems.

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11-Unit Apartment Property
11-Unit Apartment Property

503 W Green Street, Urbana, IL 61801

$699,900

Fully leased apartment property with studios, one- and two-bedroom layouts, substantial parking, and MULTI zoning.

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5-Unit Apartment Building
5-Unit Apartment Building

212 W High Street, Urbana, IL 61801

$390,000
2,204 sqft

Five one-bedroom apartments share coin-operated basement laundry and a covered parking area.

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Apartment Building with Covered Parking
Apartment Building with Covered Parking

212 W High Street, Urbana, IL 61801

$390,000
0.24 AC lot

Five residential units each have one bedroom and one bathroom, with coin-operated laundry in the basement.

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16-Unit Brick Apartment Buildings
16-Unit Brick Apartment Buildings

1942 County Road 3000 North, Rantoul, IL 61866

$685,000
63,732 sqft

Two residential buildings offer a defined unit mix, private utility systems, resident parking, and owner-supplied appliances.

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Furnished Duplex
Furnished Duplex

101 N East Street, Mahomet, IL 61853

$330,000

One residence is leased, while the other is vacant and furnished.

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10-Unit Apartment Building
10-Unit Apartment Building

705 W Elm Street, Urbana, IL 61801

$825,000

On-site laundry and tenant-rentable parking serve a fully leased apartment property.

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Versatile Commercial Property in Champaign
Versatile Commercial Property in Champaign

1069 County Road 900, Champaign, IL 61822

$899,000
5.00 AC lot

Warehouse, office, acreage, and single-family rental near I-57.

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4-Unit Quadplex with Attached Garages
4-Unit Quadplex with Attached Garages

3738-3744 Summer Sage Ct, Champaign, IL 61822

$800,000

Three units are leased through July 2027, while the fourth has been renovated for occupancy.

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Updated Duplex
Updated Duplex

709 W California Avenue, Urbana, IL 61801

$330,000

Recent improvements include siding, windows, bathroom, bedroom, and landscaping updates.

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Champaign County, IL Residential Income Properties Market Trends and Statistics

Explore 72 residential income properties for sale in Champaign County, IL, showcased through 42 active listings on our real estate platform. These investment opportunities span a total of 114,838 square feet of properties for sale, with an estimated market value of $21,982,100.

Sale prices for residential investment properties in Champaign County, IL start at $89,900, averaging $578,476, and reaching up to $2,500,000 — 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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