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    Champaign, IL Residential Income Properties for Sale

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    Urbana, IL Savoy, IL East Peoria, IL
    13 results
    Commercial Property with Residential Home
    $1,250,000
    7,800 SF
    Commercial Property with Residential Home

    3612 W Bloomington Road, Champaign, IL 61822

    10-acre commercial property with income, residential home, expansion potential.
    • Current lease provides $90,000 annual income with zero expenses through 10/31/2026.
    • Massive 130 x 60 commercial building divided into 3 units, each with separate utilities, doors, and bathrooms.
    • Includes a 4‑bedroom, 1.5‑bath, 2500 sqft residential home with a detached 2.5‑car garage.
    • Prime location between Mahomet & Champaign on US Rt. 150, with easy access to major routes and surrounded by mature trees.
    • Approximately 10 acres with ample parking, open space, and potential for outdoor storage, workspace, and expansion.
    Updated: Oct 31, 2025
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    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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    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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    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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    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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    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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    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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    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
    $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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    Prime Development Land Near UIUC
    Contact for pricing
    2.25 Acres
    Prime Development Land Near UIUC

    2.25 acres near University of Illinois Urbana-Champaign campus.

    113 E University Ave, Champaign, IL 61820

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    Based on your search, we've compiled 71 Potential Opportunities for your consideration. Besides 13 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.

    Opportunities in Nearby Cities

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

    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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    Danville Multifamily Investment Opportunity
    $129,900
    0.35 Acres
    Danville Multifamily Investment Opportunity

    Five units with value-add potential in Danville, Illinois.

    716 Robinson Street, Danville, IL 61832

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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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    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

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    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

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    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

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    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

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    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

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    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
    BOARDING/ROOMING HOUSE
    Estimated value
    $2,000,000

    105 Armory Ave, Champaign, IL 61820-6614

    View details
    303 John St
    BOARDING/ROOMING HOUSE
    Estimated value
    $2,100,000

    303 John St, Champaign, IL 61820-5612

    View details
    4809 Windsor Rd
    MOBILE HOME PARK, TRAILER PARK
    Lot: 35.00 Acres
    Estimated value
    $8,955,000

    4809 Windsor Rd, Champaign, IL 61822-9206

    View details
    1301 Leverett Rd
    MOBILE HOME PARK, TRAILER PARK
    Lot: 5.70 Acres
    Value Estimation by Request

    1301 Leverett Rd, Champaign, IL 61822-9412

    View details
    208 Daniel St
    BOARDING/ROOMING HOUSE
    Estimated value
    $5,775,000

    208 Daniel St, Champaign, IL 61820-6015

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    301 Armory Ave
    BOARDING/ROOMING HOUSE
    Value Estimation by Request

    301 Armory Ave, Champaign, IL 61820-6701

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    515 Edgebrook Dr
    MOBILE HOME PARK, TRAILER PARK
    Value Estimation by Request

    515 Edgebrook Dr, Champaign, IL 61820-2186

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    565 County Rd 1600th N
    MOBILE HOME PARK, TRAILER PARK
    Lot: 0.82 Acres
    Value Estimation by Request

    565 County Rd 1600th N, Champaign, IL 61822-8603

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    565 County Rd 1600th N
    MOBILE HOME PARK, TRAILER PARK
    Lot: 1.78 Acres
    Value Estimation by Request

    565 County Rd 1600th N, Champaign, IL 61822-8603

    View details
    611 Daniel St
    BOARDING/ROOMING HOUSE
    Value Estimation by Request

    611 Daniel St, Champaign, IL 61820-6213

    View details
    803 2nd St
    BOARDING/ROOMING HOUSE
    Value Estimation by Request

    803 2nd St, Champaign, IL 61820-6018

    View details

    Champaign, IL Residential Income Properties Investment Opportunities Market Analysis

    Explore 63 residential income properties for sale in Champaign, IL, showcased through 13 active listings on our real estate platform. These investment opportunities span a total of 54,293 square feet of properties for sale, with an estimated market value of $8,345,000.

    Sale prices for residential income properties in Champaign, IL start at $1,250,000, averaging $2,086,250, 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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    Top Commercial Asset Segments

    Multifamily properties 9
    Apartment buildings 5
    Quadplexes 2
    Single family properties 2
    Duplexes 1

    Property Size Breakdown

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

    Demographics Overview

    Population 96K
    Population Growth (5Y) +1.5%
    Median Household Income $62,086
    College Educated 42.5%

    High-Yield Neighborhoods for Investment

    Identify Champaign submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    61821 $235K
    61822 $1.1M
    61820 $1.7M

    Taxes & Financing

    Tax Rate (average for all types) 8.86%
    Property Tax per SF $37.00 per sq ft
    Average Loan-to-Value 65.0%

    Listings Trend

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    Most Searched ZIP Codes in Champaign, IL

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