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    Champaign County, IL Residential Income Properties for Sale

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    38 properties
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    Downtown Champaign Mixed-Use Building
    Updated: Feb 10
    Downtown Champaign Mixed-Use Building

    320 N Neil Street, Champaign, IL 61820

    $1,250,000
    5,865 sqft 0.08 AC lot
    Prime downtown location in Champaign's central business district (CB2 zoning).
    Mixed‑use property with income‑generating two‑bedroom apartment, leased through 07/31/2026 at $1,800/month.
    First floor configured for nightclub/bar use with existing 28' bar, sprinkler system, and handicap accessibility.
    Spacious 5,865 SF above grade plus 1,620 SF basement with walk‑in cooler and storage.
    Second‑floor apartment features 14' ceilings, fireplace, and separate HVAC and electrical service.
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    This listing looks promising.

    Here's a quick look at some key insights for

    320 N Neil Street, Champaign, IL 61820

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    • Est. Cap Rate

      5.3%
      NOI ÷ price

    • Est. NOI

      $66K
      Annual

    • Mortgage

      $1M
      Aug 2023

    • Last Sold

      Aug 2023
      $1.25M
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    8-Unit Multifamily with Private Patios
    Updated: Jun 10
    8-Unit Multifamily with Private Patios

    206 Grove Street, Urbana, IL 61802

    $949,000
    0.19 AC lot
    Well‑maintained 8‑unit multifamily property (built 1976) with all units listed as 2‑bedroom, 1‑bath apartments
    Each unit features a full kitchen, dining area, and in‑unit stackable laundry
    Units offer private patio or balcony access
    Ownership completed numerous interior and exterior improvements, including updated flooring, bathroom renovations, cosmetic updates, exterior repairs, and a complete exterior repainting
    Ample surface parking and mature landscaping with a quiet residential setting
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    Four-Unit Residential Income Building
    Four-Unit Residential Income Building

    403 W Columbia Avenue, Champaign, IL 61820

    $274,000
    0.20 AC lot

    Four 1-bedroom units provide a straightforward rental income setup with an established history.

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    Multifamily Building with Detached Garage
    Multifamily Building with Detached Garage

    108 West Chestnut Street, Bondville, IL 61815

    $247,500
    62,726 sqft 1.44 AC lot

    Gutted building with studded-out upstairs apartments, exterior brick updates, and a detached 3-car garage.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Residential Income Property with Shop Space
    Residential Income Property with Shop Space

    507 Crystal Lake Drive, Urbana, IL 61802

    $139,900
    0.32 AC lot

    Parcel includes a remaining building with an apartment plus shop/laundry area, suited for conversion or continued residential use.

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    Urbana Multifamily Investment Opportunity
    Urbana Multifamily Investment Opportunity

    709 W Nevada Street, Urbana, IL 61801

    $589,000
    0.18 AC lot

    Well-maintained 5-unit property near University of Illinois campus.

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    Urbana Multifamily Investment Opportunity
    Urbana Multifamily Investment Opportunity

    503 W Green Street, Urbana, IL 61801

    $749,900

    Eleven units near University of Illinois campus with development potential.

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    Updated Multifamily Investment
    Updated Multifamily Investment

    722 South Broadway Avenue, Urbana, IL 61801

    $325,000
    1,952 sqft

    Well-maintained income property with updated bathrooms, new roof, and replaced PTAC units.

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    Turnkey 9-Unit Multifamily Investment
    Turnkey 9-Unit Multifamily Investment

    613 W Church Street, Champaign, IL 61820

    $415,000
    0.19 AC lot

    Fully renovated 9-unit mix with private bathrooms and an on-site laundry room, supported by executed leases.

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    Urbana Multifamily Investment Opportunity
    Urbana Multifamily Investment Opportunity

    212 W High Street, Urbana, IL 61801

    $410,000
    0.24 AC lot

    Fully leased 5-unit building with parking and coin laundry.

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    Union Street Duplex Investment
    Union Street Duplex Investment

    1615-1617 West Union Street, Champaign, IL 61821

    $320,000
    2,260 sqft

    Two attached units on West Union include attached 1-car garages, eat-in kitchens with deck access, and in-unit laundry closets.

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    Versatile Commercial Property in Champaign
    Versatile Commercial Property in Champaign

    1069 County Road 900, Champaign, IL 61822

    $949,900
    5.00 AC lot

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

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    10-Bedroom Rooming House
    10-Bedroom Rooming House

    805 W Oregon Street, Urbana, IL 61801

    $349,900

    Leased 10-bedroom rooming house in Urbana with parking and a lease term through July 2027.

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    Mixed-Use Building with Retail
    Mixed-Use Building with Retail

    218 West Main Street, Urbana, IL 61801

    $1,095,000
    5,061 sqft

    Historic mixed-use building features two leased ground-floor retail suites and four renovated 2-bed apartments.

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    Champaign Multifamily Property For Sale
    Champaign Multifamily Property For Sale

    1011 W CHURCH Street, Champaign, IL 61821

    $239,900
    0.22 AC lot

    Four-unit property with updates and redevelopment potential in Champaign, IL.

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    Six-Unit Multifamily Building
    Six-Unit Multifamily Building

    1013 W Church Street, Champaign, IL 61820

    $249,900

    Six-unit building offers two one-bedroom units and four efficiency units with kitchens and full bathrooms.

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    Renovated Mixed-Use Building with Retail
    Renovated Mixed-Use Building with Retail

    218 W Main Street, Urbana, IL 61801

    $1,095,000
    7,750 sqft

    Historic Stephen's Building offers two leased ground-floor retail spaces and four fully renovated apartments.

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    Leased Duplex Investment Property
    Leased Duplex Investment Property

    703 W High Street, Urbana, IL 61801

    $249,900

    Two-unit duplex with both units leased through August 2027 and recent interior updates including 2025 paint.

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    Garden-Style Eight-Unit Multifamily
    Garden-Style Eight-Unit Multifamily

    206 S GROVE ST, Urbana, IL 61802

    Contact for pricing
    7,200 sqft

    Updated eight-unit property with in-unit laundry and private patio or balcony access for each two-bedroom home.

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    Remodeled Duplex on Corner Lot
    Remodeled Duplex on Corner Lot

    2313 S Anderson Street, Urbana, IL 61801

    $249,900

    Duplex on a corner lot with both units remodeled and pre-inspected.

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    Duplex with Basement and Garage
    Duplex with Basement and Garage

    506 W William Street, Champaign, IL 61820

    Contact for pricing
    1,282 sqft

    Two-unit duplex with basement, covered porches, central air, and detached garage plus off-street parking.

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    1913 Historic Mixed-Use Building
    1913 Historic Mixed-Use Building

    41 E. University Avenue, Champaign, IL 61820

    $3,850,000
    0.29 AC lot

    Built in 1913 with large windows and includes off-street parking plus ground-floor retail alongside office and residential space.

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    52-Pad Mobile Home Community
    52-Pad Mobile Home Community

    1 Mahoning Ave, Rantoul, IL 61866

    Contact for pricing
    186,436 sqft

    52-pad mobile home community with 49 occupied, municipal water and sewer, and off-street parking for residents.

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    Well-Maintained Apartment Complex in Rantoul
    Well-Maintained Apartment Complex in Rantoul

    1942 COUNTY ROAD 3000N, Rantoul, IL 61866

    $685,000
    1.45 AC lot

    Sixteen-unit apartment complex with strong rental appeal in Rantoul.

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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 38 active listings on our real estate platform. These investment opportunities span a total of 294,822 square feet of properties for sale, with an estimated market value of $18,458,600.

    Sale prices for residential income properties in Champaign County, IL start at $125,000, averaging $709,946, and reaching up to $3,850,000 — 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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