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    Charleston, IL Residential Income Properties for Sale

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    Mattoon, IL Hindsboro, IL Arcola, IL
    Student Housing Community Opportunity
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    Student Housing Community Opportunity

    965 4th St, Charleston, IL 61920

    Three neighboring student housing communities near Eastern Illinois University.
    • Fully renovated in 2023 (Millennium community)
    • Pedestrian access to Eastern Illinois University
    • Three neighboring student housing communities
    • Total of 116 units and 248 beds
    • Bed‑bath parity in Brooklyn Heights and Melrose on 4th
    Updated: Feb 24
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    Income-Producing Multifamily Property Near EIU
    $154,800
    Income-Producing Multifamily Property Near EIU

    1103 & 1105 6th St., Charleston, IL 61920

    Two income properties near Eastern Illinois University, ideal for rentals.
    • Two income‑producing properties included in one parcel.
    • Located a short walk from Eastern Illinois University, ideal for student rentals.
    • Proven rental area with high demand, supporting steady occupancy and reliable cash flow.
    • Well‑kept 3‑bedroom, 1‑bath unit with a functional layout.
    • The second building is a spacious 4‑bedroom, 2‑bath home with generous living space.
    Updated: Oct 10, 2024
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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 Active listings in Charleston, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 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.

    Multifamily Investment Property
    $225,000
    Multifamily Investment Property

    For-sale multifamily home at 629 Swan Street, offering residential income potential in Terre Haute, Indiana.

    629 Swan Street, Terre Haute, IN 47807

    View details
    Multi-Family Residential Property
    $350,000
    Multi-Family Residential Property

    Residential income property available for purchase at 800/802 S 4th Street in Terre Haute, Indiana.

    800/802 S 4th Street, Terre Haute, IN 47807

    View details
    Mixed-Use Downtown Brick Building
    $60,000
    0.05 Acres
    Mixed-Use Downtown Brick Building

    Own a mixed-use property with flexible street-level business space and a tenant-occupied 2-bedroom apartment.

    110 E Main Street, Arcola, IL 61910

    View details
    Multi-Family and Commercial Investment
    $750,000
    53,579 SF
    Multi-Family and Commercial Investment

    19-unit multi-family and commercial property with consistent gross revenue.

    4211 & 4213 Lake Land Blvd, Mattoon, IL 61938

    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.

    Tuscola Land For Sale
    Contact for pricing
    Tuscola Land For Sale

    Corner lot near downtown, suitable for commercial or residential use.

    206 S Washington Street, Tuscola, IL 61953

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    Residential Lot in West Terre Haute
    Contact for pricing
    0.40 Acres
    Residential Lot in West Terre Haute

    0.40-acre lot in Sugar Creek Township, build your dream home.

    2274 N Euclid, West Terre Haute, IN 47885

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    Robinson, IL Vacant Double Lot
    Contact for pricing
    0.25 Acres
    Robinson, IL Vacant Double Lot

    Vacant double lot suitable for duplex or apartment construction.

    814 N. Robb St., Robinson, IL 62454

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    Land in Terre Haute, IN
    $173,000
    1.50 Acres
    Land in Terre Haute, IN

    1.5 acre site suitable for multi-family housing development.

    1900 N 4th Street, Terre Haute, IN 47804

    View details

    Off-Market Properties in Charleston, IL

    Consider similar Off-Market properties in Charleston, 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.

    1103 6Th St
    Multifamily properties
    Lot: 0.30 Acres

    1103 6Th St, Charleston, IL 61920

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    Charleston, IL Residential Income Properties Investment Opportunities Market Analysis

    Explore 3 residential income properties for sale in Charleston, IL on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $154,800.

    Sale prices for residential income properties in Charleston, IL start at $0.00, averaging $77,400, and reaching up to $154,800 — 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

    Commercial property segments ranked by active listings on the market

    Multifamily properties 3
    Apartment buildings 1
    Mobile home & RV parks 1
    Quadplexes 1
    Triplexes 1

    Demographics Overview

    Population 21K
    Population Growth (5Y) -13.7%
    Median Household Income $54,229
    College Educated 50.7%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    61920 $154.8K

    Taxes & Financing

    Tax Rate (average for all types) 8.14%
    Tax Rate vs County Average 0.46 pp above county avg
    Average Loan-to-Value 65.0%

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