Ellis Grove, IL Residential income properties for sale

Updated: May 1

Well-Maintained 4-Plex Residence

100 N State Street, Ellis Grove, IL 62241

$425,000

2,000 sqft · 0.46 AC lot

Well‑maintained 4‑plex with four 2‑bed, 1‑bath units; each unit is month‑to‑month with long‑term tenants
New metal roof scheduled for 2026; heating and cooling systems are about 5 years old
Ranch‑style construction with brick, frame, and vinyl siding; vinyl flooring throughout
Each unit includes a covered carport space that fits two vehicles, with additional space for a porch‑style setup
Public utilities including public water; forced‑air natural gas heat with central air and ceiling fans

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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 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.

All-Age Mobile Home Community

2902 Clay Street, De Soto, MO 63020

$530,000

10.24 AC lot

All-age De Soto park with well-served utilities, 14 income-producing units, and strong current rent collections.

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Mixed Use - Millstadt, IL

105 S Jefferson St, Millstadt, IL 62260

$550,000

16,553 sqft · 0.38 AC lot

Turnkey restaurant and multi-unit income property on a high-visibility corner.

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Victorian Four-Unit Rental Home

23 W Laurel Street, Millstadt, IL 62260

$385,000

1,896 sqft · 0.26 AC lot

Victorian-style property converted into four apartments with separate electric meters and updated interiors throughout.

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De Soto All-Age Community

2902 Clay St, De Soto, MO 63020

$530,000

10.24 AC lot

All-age community with 14 income-producing units on 10.24 acres.

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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

$45,000

2.29 AC lot

2.29 acre lot for residential construction in Steeleville, Illinois.

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Residential Land in Westfield Meadows

304 Victorian Drive, Steeleville, IL 62288

$35,000

1.26 AC lot

Large residential parcel in established neighborhood, offering space and privacy.

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Residential Land in Cutler, Illinois

517 WEST Street, Cutler, IL 62238

Contact for pricing

0.40 AC lot

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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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

Value Estimation by Request

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Ellis Grove, IL Residential Income Properties Market Trends and Statistics

Explore 2 residential income properties for sale in Ellis Grove, IL on our real estate platform. These investment opportunities span a total of 2,000 square feet of properties for sale, with an estimated market value of $425,000.

Sale prices for residential income properties in Ellis Grove, IL start at $425,000, averaging $425,000, and reaching up to $425,000 — 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	$425K

Neighborhood

Average Price

62241

$425K

Ellis Grove, IL Residential Income Properties for Sale

100 N State Street, Ellis Grove, IL 62241