Monticello, IL Residential income properties for sale

Updated: Apr 11

Mixed-Use Building with Apartments

110-112 N Charter Street E, Monticello, IL 61856

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First‑floor attorney office with two upstairs apartments
Residential unit mix includes one 1‑bedroom and one 2‑bedroom apartment
New roof installed in 2010
Steel lintels above 7 windows replaced in 2011
Remaining lintels replaced in 2017

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Updated: Apr 11

Duplex Income Property

491-495 N Buchanan St, Monticello, IL 61856

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Well‑kept 2‑unit duplex with 2‑bedroom, 1‑bath units
Each unit includes living room, dining room, kitchen, and a laundry room
Rents are $600 per side
Appliances included except washer and dryer
Leases will be provided at closing

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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 10 Potential Opportunities for your consideration. Besides 2 Active listings in Monticello, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

Versatile Commercial Property in Champaign

1069 County Road 900, Champaign, IL 61822

$949,900

5.00 AC lot

Warehouse, office, acreage, and single-family rental near I-57.

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4-Unit Quadplex with Attached Garages

3738-3744 Summer Sage Ct, Champaign, IL 61822

$800,000

Three units are leased through July 2027, while the fourth has been renovated for occupancy.

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Brick Apartment Building with Expansion Space

De Land, IL 61839

$315,000

Brick multifamily property with existing units, distinctive original details, and unfinished interior space for additional improvements.

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Duplex Residential Income Property

101 W Richardson Street, Farmer City, IL 61842

$115,000

Established duplex asset suited to residential income ownership in DeWitt County.

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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.

Development Land in Oreana

East St, Oreana, IL 62554

$816,000

27.20 AC lot

Approximately 27.2 acres of mostly tillable land with some wooded areas, suitable for phased residential development.

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Greencroft Homesite Near Country Club

21 Greencroft Drive, Champaign, IL 61821

$375,000

0.54 AC lot

Luxury homesite in established community near Champaign Country Club.

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Prime Land Near University

1301 N Lincoln Avenue, Urbana, IL 61801

$1,200,000

3.12 AC lot

3.12-acre parcel near the University of Illinois.

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Urbana Land For Sale

402 W Griggs Street, Urbana, IL 61801

$400,000

1.08 AC lot

Commercial land available in Urbana, Illinois.

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Monticello, IL Residential Income Properties for Sale

110-112 N Charter Street E, Monticello, IL 61856

491-495 N Buchanan St, Monticello, IL 61856