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    Charleston, IL
    Residential Income

    Charleston, IL Residential Income Properties for Sale

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    Student Housing Community Opportunity
    Updated: Feb 24
    Student Housing Community Opportunity

    965 4th St, Charleston, IL 61920

    Contact for pricing
    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**
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    Multifamily Apartment Portfolio
    Updated: Apr 11
    Multifamily Apartment Portfolio

    1301, 1305, 1307,1309 & 1311 Arthur Ave, Charleston, IL 61920

    Contact for pricing
    Portfolio includes five apartment complexes with 31 total studio and one‑bedroom units.
    Apartment mix includes studio and 1‑bedroom apartments across all five complexes.
    Property is described as having an exceptional rental history and generally a waiting list.
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    Income-Producing Multifamily Property Near EIU
    Income-Producing Multifamily Property Near EIU

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

    Contact for pricing

    Two income properties near Eastern Illinois University, ideal for rentals.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 3 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.

    Brick Apartment Building with Five Units
    Brick Apartment Building with Five Units

    209 S CENTRAL AVE, Casey, IL 62420

    Contact for pricing
    3,948 sqft

    Solid brick rental building featuring five large apartments with separate utility metering.

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    Multifamily Apartment Building
    Multifamily Apartment Building

    209 S Central Avenue, Casey, IL 62420

    $139,999

    Five large apartments are offered with separate electric, water, and gas meters.

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    Income-Restricted Multifamily Community
    Income-Restricted Multifamily Community

    2915 Arleth St, Terre Haute, IN 47802

    Contact for pricing

    79-unit multifamily property built in 2010, with income restrictions extending through 2040.

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    Mixed-Use Retail and Residential Buildings
    Mixed-Use Retail and Residential Buildings

    510 Ohio St 33 S 6th St, Terre Haute, IN 47807

    Contact for pricing

    Four main mixed-use buildings total over 60,000 square feet, with breezeways, an interior loading dock, and two elevators.

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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.

    Robinson, IL Vacant Double Lot
    Robinson, IL Vacant Double Lot

    814 N Robb St., Robinson, IL 62454

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    0.25 AC lot

    Vacant double lot suitable for duplex or apartment construction.

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    Residential Lot in Meadow Ridge
    Residential Lot in Meadow Ridge

    W Curry Drive lot: 4, Terre Haute, IN 47802

    $114,900
    2.80 AC lot

    2.8-acre lot ready for construction in Terre Haute.

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    Terre Haute Land Parcel
    Terre Haute Land Parcel

    Meadow Ridge Road lot: 5, Terre Haute, IN 47802

    $89,900
    1.51 AC lot

    1.51-acre lot in Meadow Ridge Subdivision, ready for construction.

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    184 Acres Near Terre Haute
    184 Acres Near Terre Haute

    E Moyer Drive lot: 0000 Riley Rd, Terre Haute, IN 47802

    $1,215,000
    184.82 AC lot

    184 acres near Terre Haute with utilities and development potential.

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    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

    1103 6Th St, Charleston, IL 61920

    Value Estimation by Request
    0.30 AC lot
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    Charleston, IL Residential Income Properties Market Trends and Statistics

    Explore 4 residential income properties for sale in Charleston, IL, showcased through 3 active listings on our real estate platform.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 4
    Apartment buildings 2
    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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