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    Philo, IL
    Residential Income

    Philo, IL Residential Income Properties for Sale

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    Peoria, IL Urbana, IL Tolono, IL Savoy, IL Champaign, IL Homer, IL Saint Joseph, IL Longview, IL
    Two-Unit Duplex with Garages
    Updated: Oct 2
    Two-Unit Duplex with Garages

    109 W Madison Street, Philo, IL 61864

    $165,000
    0.28 AC lot
    Two 2‑bedroom, 1‑bathroom units; over 2,000 square feet
    0.28‑acre property in Philo, IL
    Residential leases run through April 2027
    Detached 3‑car garage and separate 1‑car garage, both leased for storage
    Separately metered electric; shared water and gas are billed back to tenants
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    Two-Unit Duplex with Garage Storage
    Updated: Oct 4
    Two-Unit Duplex with Garage Storage

    109 W Madison St, Philo, IL 61864

    $165,000
    Two units, each with 2 bedrooms and 1 bathroom
    More than 2,000 square feet; built in 1880
    Residential leases run through April 2027
    Detached 3‑car and 1‑car garages are leased for storage
    Separate electric meters; shared water and gas are billed back to tenants
    View details
    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 Philo, 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
    Versatile Commercial Property in Champaign

    1069 County Road 900, Champaign, IL 61822

    $899,000
    5.00 AC lot

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

    View details
    7-Unit Townhouse-Style Apartments
    7-Unit Townhouse-Style Apartments

    2012 Vawter Street, Urbana, IL 61801

    $529,000

    Updated, fully occupied apartments with central air, covered parking, and basement storage and laundry areas.

    View details
    Multifamily Property with Rear Efficiency
    Multifamily Property with Rear Efficiency

    212 W John St, Champaign, IL 61820

    $225,000

    The two-story main residence includes six bedrooms, two kitchens, and shared laundry space.

    View details
    Updated Condo with Modern Amenities
    Updated Condo with Modern Amenities

    1310 Brighton Drive #1310, Urbana, IL 61801

    $125,000

    Move-in ready 3-bedroom condo with recent updates and convenient location.

    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.

    Urbana Land For Sale
    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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    Wooded Land in Urbana, Illinois
    Wooded Land in Urbana, Illinois

    Raintree Woods Drive lot: 9, Urbana, IL 61802

    $99,900
    1.00 AC lot

    One acre of wooded land near Urbana, ideal for building.

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    Greencroft Homesite Near Country Club
    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.

    View details
    Urbana Land Near University
    Urbana Land Near University

    1950 High Cross Road N, Urbana, IL 61802

    $349,900
    15.00 AC lot

    15-acre property near Urbana, suitable for development or hobby farm.

    View details

    Philo, IL Residential Income Properties Market Trends and Statistics

    Explore 2 residential income properties for sale in Philo, IL on our real estate platform.

    Sale prices for residential income properties in Philo, IL average $165,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 1
    Multifamily properties 1

    Demographics Overview

    Population 1,714
    Population Growth (5Y) -0.3%
    Median Household Income $91,827
    College Educated 36.4%

    Taxes & Financing

    Tax Rate (average for all types) 6.20%
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Champaign County

    New Delisted

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