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    Tolono, IL
    Residential Income

    Tolono, IL Residential Income Properties for Sale

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    Savoy, IL Champaign, IL Peoria, IL Urbana, IL Villa Grove, IL Ivesdale, IL East Peoria, IL Tuscola, IL
    Four-Unit Multifamily Property
    Updated: Sep 22
    Four-Unit Multifamily Property

    406 N James St, Tolono, IL 61880

    $409,900
    Four rental units across two separate duplex buildings on one PIN
    Each unit includes 2 bedrooms, 1 bathroom, eat‑in kitchen, laundry, patio, and one‑car garage
    Additional driveway parking accompanies the one‑car garage assigned to each unit
    Roofs replaced in 2016; siding replaced in 2015
    New water line installed for both buildings in 2024
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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 1 Active listings in Tolono, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 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.

    Multifamily Property with Townhouses
    Multifamily Property with Townhouses

    705 E Colorado Avenue, Urbana, IL 61801

    $2,500,000
    0.87 AC lot

    The rental community offers varied apartment and townhouse layouts, secured entry, and off-street parking.

    View details
    Versatile Commercial Property in Champaign
    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.

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

    2012 Vawter Street, Urbana, IL 61801

    $560,000

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

    View details
    Victorian Triplex with Off-Street Parking
    Victorian Triplex with Off-Street Parking

    408 W Healey St, Champaign, IL 61820

    $220,000

    Three leased units offer varied layouts, private kitchens, full baths, and basement laundry access.

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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.

    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.

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    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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    Prime Land Near University
    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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    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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    Off-Market Properties in Tolono, IL

    Consider similar Off-Market properties in Tolono, 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.

    503 Bourne St
    BOARDING/ROOMING HOUSE

    503 Bourne St, Tolono, IL 61880-9796

    Estimated value:
    $305,000
    4,876 sqft 1.03 AC lot
    View details
    90 Crabtree Dr
    MOBILE HOME PARK, TRAILER PARK

    90 Crabtree Dr, Tolono, IL 61880

    Estimated value:
    $300,000
    24.46 AC lot
    View details

    Tolono, IL Residential Income Properties Market Trends and Statistics

    Explore 3 residential income properties for sale in Tolono, IL on our real estate platform.

    Sale prices for residential income properties in Tolono, IL average $409,900 — 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 4,558
    Population Growth (5Y) +19.0%
    Median Household Income $89,139
    College Educated 37.9%

    Taxes & Financing

    Tax Rate (average for all types) 6.41%
    Property Tax per SF $7.72 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Champaign County

    New Delisted

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