Ellis Grove, IL Residential income properties for sale

Updated: Jul 11

Ranch Quadplex with Covered Carports

100 N State Street, Ellis Grove, IL 62241

$400,000

2,000 sqft 0.46 AC lot

Four‑unit property with 2‑bed, 1‑bath layouts
Approximately 2,000 square feet on 0.46 acres
New metal roof scheduled for 2026
Heating and cooling systems are 5 years old
Covered carport for each unit; each fits two vehicles

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Updated: Aug 20

Quadplex with Covered Carports

100 N State St, Ellis Grove, IL 62241

$400,000

2,000 sqft

Four‑unit property with 2,000 square feet
Each unit has 2 bedrooms and 1 bath
New metal roof in 2026
Heating and cooling systems are 5 years old
Covered carport for two vehicles accompanies each unit

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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 11 Potential Opportunities for your consideration. Besides 2 Active listings in Ellis Grove, 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.

Triplex With Garage Apartment

1432 W Pine Street, Percy, IL 62272

$229,000

2,972 sqft 1.61 AC lot

Three-unit rental property with separate living spaces, covered parking, and public water service on a spacious parcel.

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Triplex with Six-Car Carport

1432 W Pine St, Percy, IL 62272

$229,000

2,972 sqft 1.61 AC lot

Three rental units include full basements, a garage apartment, and covered tenant parking on a 1.61-acre property.

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37-Pad Mobile Home Park

300 W Mill St Unit 37, Marissa, IL 62257

$175,000

In-town mobile home park with owner-held residences, tenant-owned homes, and additional adjoining land.

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Four-Unit Quadplex

434 East Dr, Marissa, IL 62257

$149,900

Residential income property with two-bedroom, one-bath units in Marissa, Illinois.

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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.

Residential Land in Steeleville, IL

Victorian Drive, Steeleville, IL 62288

$44,000

2.29 AC lot

2.29 acre lot for residential construction in Steeleville, Illinois.

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Residential Land in Cutler, Illinois

517 WEST Street, Cutler, IL 62238

Contact for pricing

Vacant residential lot, ready for building your dream home.

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Lake View Lot Opportunity

Sunset, Ste Genevieve, MO 63670

$65,000

3.40 AC lot

3.4 acre lake view lot in gated community.

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Ste Genevieve Buildable Lot

Sunset, Ste Genevieve, MO 63670

$40,000

3.23 AC lot

3-acre lot in gated community with lake access.

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Off-Market Properties in Ellis Grove, IL

Consider similar Off-Market properties in Ellis Grove, 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.

APARTMENT HOUSE (5+ UNITS)

310 1st St, Ellis Grove, IL 62241-1438

Estimated value:

by Request

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Ellis Grove, IL Residential Income Properties Market Trends and Statistics

Explore 3 residential income properties for sale in Ellis Grove, IL on our real estate platform. These investment opportunities span a total of 4,000 square feet of properties for sale, with an estimated market value of $800,000.

Sale prices for residential income properties in Ellis Grove, IL average $400,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
62241	$400K

Neighborhood

Average Price

62241

$400K