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    Champaign, IL Residential Income Properties for Sale

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    Chicago, IL Springfield, IL Belleville, IL
    16 results
    Turnkey 9-Unit Investment Property
    $455,000
    0.19 Acres

    Turnkey 9-Unit Investment Property

    613 W Church Street, Champaign, IL 61820

    Fully renovated 9-unit building near Downtown Champaign.

    • Turnkey 9‑unit investment property with immediate, stable cash flow.
    • Proven income of $56,400 gross over the past 12 months, with current leases supporting $5,400/month at full occupancy.
    • Fully renovated in 2024 with major roof repairs, new electric water heater, updated kitchenettes and bathrooms, fresh paint, and secure electronic entry.
    • Efficient unit mix of six SRO units and three studio apartments, each with a private bathroom.
    • Strategically located near Downtown Champaign, Westside Park, and Champaign Central High School.
    Updated: Mar 5
    View details
    Downtown Champaign Mixed-Use Building
    $1,250,000
    0.08 Acres

    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
    View details
    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
    View details
    Well-Maintained Duplex in Champaign, IL
    $225,000
    0.26 Acres

    Well-Maintained Duplex in Champaign, IL

    All-brick duplex with hardwood floors and strong rental history.

    1805-1807 Jeanne Street, Champaign, IL 61821
    View details
    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
    View details
    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
    View details
    Commercial Property with Residential Home
    $1,250,000
    9.88 Acres

    Commercial Property with Residential Home

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

    3612 W Bloomington Road, Champaign, IL 61822
    View details
    Downtown Champaign Apartment Building Investment
    $5,000,000
    0.17 Acres

    Downtown Champaign Apartment Building Investment

    32-unit apartment building in downtown Champaign with strong leasing history.

    11 E Columbia Avenue, 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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    Champaign Multifamily Investment Opportunity
    $185,000

    Champaign Multifamily Investment Opportunity

    Multifamily property with strong rental history near amenities in Champaign, IL.

    1604 Kirk Lane, Champaign, IL 61821
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    Leased Residential Income Property
    $175,000

    Leased Residential Income Property

    Two-unit property with strong rental potential, currently leased.

    1507 N Mckinley Avenue, Champaign, IL 61821
    View details
    Historic Downtown Champaign Mixed-Use Building
    $3,850,000
    0.29 Acres

    Historic Downtown Champaign Mixed-Use Building

    Landmark building with retail, residential, and office space.

    41 E. University Avenue, Champaign, IL 61820
    View details
    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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    Downtown Champaign Mixed-Use Building
    $2,400,000
    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
    View details
    Prime Development Land Near UIUC
    Contact for pricing

    Prime Development Land Near UIUC

    2.25 acres near University of Illinois Urbana-Champaign campus.

    113 E University Ave, Champaign, IL 61820
    View details
    Based on your search, we've compiled 74 Potential Opportunities for your consideration. Besides 16 Active listings in Champaign, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 50 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Explore Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Urbana Duplex Near U of I
    $159,900
    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
    View details
    Well-Maintained 5-Unit Near Campus
    $599,000
    0.18 Acres

    Well-Maintained 5-Unit Near Campus

    Prime location near University of Illinois with on-site parking.

    709 W Nevada Street, Urbana, IL 61801
    View details
    Danville Brick Duplex For Sale
    $79,900

    Danville Brick Duplex For Sale

    Brick duplex in Danville, Illinois, with rental income potential.

    1003 N Franklin Street, Danville, IL 61832
    View details
    Centrally Located Multifamily Property
    $79,900
    1,400 SF

    Centrally Located Multifamily Property

    Multifamily investment opportunity in a central location.

    1003 N Franklin St, Danville, IL 61832
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Greencroft Homesite Near Country Club
    $399,999
    0.54 Acres

    Greencroft Homesite Near Country Club

    Luxury homesite in established community near Champaign Country Club.

    21 Greencroft Drive, Champaign, IL 61821
    View details
    Prime Land Near University
    $1,200,000
    3.12 Acres

    Prime Land Near University

    3.12-acre parcel near the University of Illinois.

    1301 N Lincoln Avenue, Urbana, IL 61801
    View details
    Urbana Land For Sale
    $599,000
    1.08 Acres

    Urbana Land For Sale

    Commercial land available in Urbana, Illinois.

    402 W Griggs Street, Urbana, IL 61801
    View details
    Wooded Land in Urbana, Illinois
    $117,500
    1.00 Acre

    Wooded Land in Urbana, Illinois

    One acre of wooded land near Urbana, ideal for building.

    Raintree Woods Drive lot: 9, Urbana, IL 61802
    View details

    Explore Off-Market Properties in Champaign, IL

    Consider similar Off-Market properties in Champaign, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    105 Armory Ave

    105 Armory Ave

    BOARDING/ROOMING HOUSE
    Value Estimation
    $2,000,000
    105 Armory Ave, Champaign, IL 61820-6614
    View details
    303 John St

    303 John St

    BOARDING/ROOMING HOUSE
    Value Estimation
    $2,100,000
    303 John St, Champaign, IL 61820-5612
    View details
    4809 Windsor Rd

    4809 Windsor Rd

    MOBILE HOME PARK, TRAILER PARK • 35.00 Acres
    Value Estimation
    $8,955,000
    4809 Windsor Rd, Champaign, IL 61822-9206
    View details
    1301 Leverett Rd

    1301 Leverett Rd

    MOBILE HOME PARK, TRAILER PARK • 5.70 Acres
    Value Estimation by Request
    1301 Leverett Rd, Champaign, IL 61822-9412
    View details
    208 Daniel St

    208 Daniel St

    BOARDING/ROOMING HOUSE
    Value Estimation
    $5,775,000
    208 Daniel St, Champaign, IL 61820-6015
    View details
    301 Armory Ave

    301 Armory Ave

    BOARDING/ROOMING HOUSE
    Value Estimation by Request
    301 Armory Ave, Champaign, IL 61820-6701
    View details
    515 Edgebrook Dr

    515 Edgebrook Dr

    MOBILE HOME PARK, TRAILER PARK
    Value Estimation by Request
    515 Edgebrook Dr, Champaign, IL 61820-2186
    View details
    565 County Rd 1600th N

    565 County Rd 1600th N

    MOBILE HOME PARK, TRAILER PARK • 0.82 Acres
    Value Estimation by Request
    565 County Rd 1600th N, Champaign, IL 61822-8603
    View details

    Champaign, IL Residential Income Properties Investment Opportunities Market Analysis

    Explore 66 residential income properties for sale in Champaign, IL, showcased through 16 active listings on our real estate platform. These investment opportunities span a total of 2,571,743 square feet of properties for sale, with an estimated market value of $23,954,800.

    Sale prices for residential income properties in Champaign, IL start at $170,000, averaging $1,711,057, and reaching up to $9,065,000 — 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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    Most Searched ZIP Codes in Champaign, IL

    • 61820
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