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    Champaign County, IL Residential Income Properties for Sale

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    Chicago, IL Springfield, IL Rockford, IL
    25 listings
    Downtown Champaign Mixed-Use Building
    $1,250,000
    5,865 SF
    Downtown Champaign Mixed-Use Building

    320 N Neil Street, Champaign, IL 61820

    Prime mixed-use property in downtown Champaign with rental income.
    • 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.
    Updated: Feb 10
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    8-Unit Multifamily with Private Patios
    $949,000
    0.19 Acres
    8-Unit Multifamily with Private Patios

    206 Grove Street, Urbana, IL 61802

    Well-maintained 8-unit building with two-bedroom units, in-unit laundry, and surface parking.
    • 8‑unit multifamily property built in 1976
    • All units are 2‑bedroom, 1‑bath with full kitchens and dining areas
    • In‑unit stackable laundry in each apartment
    • Each unit includes private patio or balcony access
    • Numerous interior and exterior improvements, including updated flooring and bathroom renovations
    Updated: Jun 10
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    Commercial Property with Residential Home
    $1,250,000
    7,800 SF
    Commercial Property with Residential Home

    10-acre commercial property with income, residential home, expansion potential.

    3612 W Bloomington Road, Champaign, IL 61822

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    Urbana Multifamily Investment Opportunity
    $749,900
    Urbana Multifamily Investment Opportunity

    Eleven units near University of Illinois campus with development potential.

    503 W Green Street, Urbana, IL 61801

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    Four-Unit Residential Income Building
    $274,000
    0.20 Acres
    Four-Unit Residential Income Building

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

    403 W Columbia Avenue, Champaign, IL 61820

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    Champaign Multifamily Property For Sale
    $239,900
    0.22 Acres
    Champaign Multifamily Property For Sale

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

    1011 W CHURCH Street, Champaign, IL 61821

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    Residential Income Property with Shop Space
    $139,900
    0.32 Acres
    Residential Income Property with Shop Space

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

    507 Crystal Lake Drive, Urbana, IL 61802

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    Urbana Rooming House Investment
    $349,900
    Urbana Rooming House Investment

    10-bedroom rooming house near Illini Grove and campus.

    805 W Oregon Street, Urbana, IL 61801

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    Urbana Multifamily Investment Opportunity
    $589,000
    0.18 Acres
    Urbana Multifamily Investment Opportunity

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

    709 W Nevada Street, Urbana, IL 61801

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    Urbana Duplex Near U of I
    $149,900
    0.22 Acres
    Urbana Duplex Near U of I

    Well-located Urbana duplex with strong rental potential near U of I.

    1207 N Linview Avenue, Urbana, IL 61801

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    Champaign Multifamily Building For Sale
    $249,900
    Champaign Multifamily Building For Sale

    Six-unit building in Champaign, ideal for future development.

    1013 W Church Street, Champaign, IL 61820

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    Urbana Multifamily Investment Opportunity
    $410,000
    0.24 Acres
    Urbana Multifamily Investment Opportunity

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

    212 W High Street, Urbana, IL 61801

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    Leased Duplex Investment Property
    $249,900
    Leased Duplex Investment Property

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

    703 W High Street, Urbana, IL 61801

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    Updated Duplex with Garages and Decks
    $274,000
    Updated Duplex with Garages and Decks

    Well-maintained duplex for sale with attached garages, private fenced yards, and updated major exterior systems.

    1105 E Florida Avenue, Urbana, IL 61801

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    All-Brick Duplex in Champaign, IL
    $230,000
    0.30 Acres
    All-Brick Duplex in Champaign, IL

    Well-maintained duplex with hardwood floors and strong rental history.

    1210-1212 Julie Drive, Champaign, IL 61821

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    Turnkey 9-Unit Multifamily Investment
    $415,000
    0.19 Acres
    Turnkey 9-Unit Multifamily Investment

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

    613 W Church Street, Champaign, IL 61820

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    Versatile Commercial Property in Champaign
    $949,900
    5.00 Acres
    Versatile Commercial Property in Champaign

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

    1069 County Road 900, Champaign, IL 61822

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    Well-Maintained Apartment Complex in Rantoul
    $685,000
    1.45 Acres
    Well-Maintained Apartment Complex in Rantoul

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

    1942 COUNTY ROAD 3000N, Rantoul, IL 61866

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    Historic Mixed-Use Building with Parking
    $3,850,000
    0.29 Acres
    Historic Mixed-Use Building with Parking

    1913 mixed-use building with off-street parking and large windows designed for natural light.

    41 E. University Avenue, Champaign, IL 61820

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    Student Rooming House with Parking
    $349,900
    Student Rooming House with Parking

    A 10-bedroom rooming house currently leased through July 2027 with strong student-group fit and on-site parking.

    805 W Oregon Street, Urbana, IL 61801

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    Spacious Townhomes Near University
    Contact for pricing
    Spacious Townhomes Near University

    45-unit townhome community near the University of Illinois.

    1801 West John Street, Champaign, IL 61821

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    Urbana Multifamily Portfolio
    $5,800,000
    600 SF
    Urbana Multifamily Portfolio

    Six-building, 77-unit multifamily portfolio in Urbana, Illinois.

    2008 Vawter Ave, 1301 Mitchem Dr, 1303 Mitchem Dr, 2006 Vawter Ave, 2004 Vawter Ave, 2017 Vawter Ave, Urbana, IL 61801

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    Downtown Champaign Mixed-Use Building
    $1,995,000
    18,576 SF
    Downtown Champaign Mixed-Use Building

    Historic building with residential and commercial spaces in downtown Champaign.

    112 W Hill Street, Champaign, IL 61820

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    Historic Mixed-Use Building in Champaign
    $3,850,000
    22,052 SF
    Historic Mixed-Use Building in Champaign

    Historic building with retail, residential, and office space.

    41 E. University Avenue, Champaign, IL 61820

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    Champaign County, IL Residential Income Properties Investment Opportunities Market Analysis

    Explore 72 residential income properties for sale in Champaign County, IL, showcased through 25 active listings on our real estate platform. These investment opportunities span a total of 54,893 square feet of properties for sale, with an estimated market value of $14,145,000.

    Sale prices for residential income properties in Champaign County, IL start at $1,250,000, averaging $2,829,000, and reaching up to $5,800,000 — 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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