5-unit apartment building that produces steady income. 2 -two bedroom apartments on the main floor with central air and heat, 3 studio apartments on upper floor with separate utilities. All units have full bathroom and equipped kitchen. Newer replacement windows throughout, newer furnace serving lower apartments. Ample off-street parking (rear of building) for all units. Don't miss this turn-key

John Sellers Brinkoetter REALTORS®

The Castle on Locust presents a prime value-add multifamily investment opportunity in an unbeatable campus location. Fully leased with 29 units and 85 total beds, this property offers a diverse mix of 13 four-bedroom units, 2 three-bedroom units, 13 two-bedroom units, and 1 one-bedroom unit. Featuring in-unit laundry and dishwashers in all units, most with private balconies, the building also

Shannon Collins Green Street Realty

INVESTORS ATTENTION TO THIS ONE. Here's an excellent investment opportunity--check out the rate of return--estimated at 12%. The building has been totally updated with newer HVAC systems for each unit. Each one well decorated. All newer stoves and refrigerators. Newer roof. Coin operated laundry in the basement produces about $2900 annually. There are storage units in the basement for each

Bruce Campbell Lyle Campbell & Son Realtors

This building has been a solid income producer for the owner. The units have all been upgraded in the last 3-4 years. Landlord pays all utilities. Expense breakdown available to serious prospects upon request. Being sold as-is.

John Sellers Brinkoetter REALTORS®

Located right between the West edge of the University of Illinois and Downtown Urbana. This is a 6 Unit apartment building including four 1-bedroom units and two efficiency apartments. Each apartment has separate electric meters (updated 2010). All units have their own kitchen and individual private bathrooms. Large open apartments with easy access to the University of Illinois, Downtown

Tim Hoss RE/MAX Choice

All-brick multi-family property is located just minutes from downtown Decatur, offering a prime investment opportunity with steady cash flow. The building features three fully-leased units: two one-bedroom apartments upstairs and a spacious two-bedroom unit on the main floor. With all units currently rented and a low-maintenance exterior, this property is a turnkey income generator. Ideal for

Kristy Frost Main Place Real Estate

Presenting a well-maintained duplex featuring two fully occupied units on month-to-month leases, offering immediate cash flow and long-term upside. Located at 2140 W. Main St. ($975/mo) and 110 Edgewood Court ($900/mo), this property has seen only a modest 10% rent increase over the past eight years, leaving room for future growth.Originally purchased in December 2014, the property has no

Ryan Frey Vieweg RE/Better Homes & Gardens Real Estate-Service First

Discover this multi-family property featuring two unique units with close proximity to County Square.Unit#1 boasts 4 spacious bedrooms, 1 bath, showcasing original woodwork, beautiful staircase and hardwood floors that add character and charm. Some replacement windows already installed, this unit offers both style and space. Currently rented for $700 on a mo. to mo. basis. Tenant pays,

Terri Bailey Coldwell Banker Classic Real Estate

Offering two building multi-family complex in Urbana, IL one block west of Cunningham Avenue and just south of the Interstate 74 interchange. Property is situated on the northwest corner of Country Club Road and Willow Road in Urbana. The property boasts 51 apartments comprised of 22 one-bedroom units and 29 two-bedroom units. Current ownership has invested over $1,200,000 in

Jill Guth GUTH & ASSOCIATES,LLC

Three for One -- calling all investors! Featuring three homes on a large corner lot in downtown Mattoon, this is your next big opportunity. 2502 Pine Ave features 3 Bedrooms with one full bathroom. The other two homes, 2504 Pine Ave and 121 25th Street, each offer two bedrooms and one full bathroom. Off-street parking. Half a mile to restaurants, groceries, Amtrak, and more! Don't let this one

Ryan Dallas RYAN DALLAS REAL ESTATE

Located just minutes from the proposed racino and sports development district, this property offers more than just a home"it's a chance to get ahead of a transformative community project. Whether you're a homesteader seeking space, self-sufficiency, and serenity, or an investor with an eye for opportunity, this location checks all the boxes. Set back 300 feet from the road on 12.63 acres,

Derek Eisenberg CRE Realty

Located in the heart of Decatur, 612 W Macon Street presents a fully renovated 17-unit multifamily asset offering strong current returns and value-add upside. The property features a diverse mix of one-bedroom, one-bathroom units, with one two-bedroom, one-bath unit, catering to a wide range of tenants—from young professionals to small families. Each unit has been upgraded over the past year with

Cole Babcock Vieweg RE/Better Homes & Gardens Real Estate-Service First

This turnkey 11-unit multifamily building has been fully renovated from top to bottom within the last 12 months, featuring new windows, updated bathrooms, modern flooring, and more. Located just steps from the heart of Downtown Decatur, this well-maintained property offers an attractive mix of one-bedroom, one-bathroom units, along with one two-bedroom, one-bath unit. Its central location

Cole Babcock Vieweg RE/Better Homes & Gardens Real Estate-Service First

You will find this fixer upper just north of the YMCA close to midtown Mattoon. Each of the 4 units are about the same size, each has 1 bedroom, bath and kitchen. There was a complete tear off and replacement of the roof in late 2024. The property still needs quite a bit of interior work so bring your tools. This 4 unit apartment house is being sold AS-IS. Take advantage of a strong rental

John Inyart TCI Realty, LLC

Unlock strong cash flow with this triplex delivering a solid 10.5% CAP rate and excellent ROI potential. This income-generating property features three fully leased units, including one spacious 2-bedroom unit and two comfortable 1-bedroom units, making it an ideal addition to any investor’s portfolio.Rental Breakdown:Unit 1 (2 Bed): $825/month, Unit 2 (1 Bed): $680/month,Unit 3 (1 Bed):

Ross Hutchinson All-American Realty

Investment Opportunity in the heart of Urbana - Fully Rented Duplex. Situated in a desirable Urbana neighborhood, this property offers proximity to local amenities and the University of Illinois campus. With both units occupied, it offers immediate rental income and long-term potential. Don't miss your chance to invest in Urbana's rental market. Contact your real estate professional today to

Nate Evans eXp Realty-Mahomet

Great opportunity to invest in a low-rise multifamily property footsteps away from the Memorial Hospital campus. Graceland Executive Rentals is an all brick 12-unit property. It is currently operated with a mix of term rentals and fully furnished short-term corporate rentals (STR VRBO AirBNB). Per unit rents range from $1,000 to $2,200 per month. Property totals over 8,800 square feet with

Zane Peterson Main Place Real Estate

Prime Investment Opportunity - 65-Unit Multifamily Property Near Millikin University Welcome to an exceptional investment opportunity! This 65-unit residential property offers strong income potential, strategically positioned just 1.5 miles from Millikin University. With a current cap rate of 7.71 0/0 and a GRM of 6.95, this asset is priced based on existing income figures-reflecting the low 66

Nate Evans eXp Realty-Mahomet

Bring your tools. This original 8-unit apartment building is an excellent opportunity for investors looking for strong returns. With rising rental demand in our community, this property is set to deliver a high ROI, once all the units are fully updated.When fully renovated the potential annual income could easily be over $70,000. This property will cash flow for a savvy investor. The

Vance Oliver All-American Realty

Downtown living is in high demand, making it a great investment opportunity to own all four residential loft condo units in the historic 135 E. Prairie building. All 4 units are rented and produce an impressive annual cash-flow return. Each unit offers unique features including cathedral ceilings and exposed brick walls. Historically extremely low vacancy rates. Building has new roof.

Zane Peterson Main Place Real Estate

Cashflow AND future development potential. Just a good stone's-throw away from the University of Illinois campus, this blue-chip investment property is rented to a group for the 2024-25 school year for 6,100 per month - a 6.1 GRM. Plus another $325 billed back to tenants to cover sewer, trash, and internet. This stately converted house sports three floors, plus a finished basement. Zoned

Philip Fiscella Abe Lincoln Realty

Investment property opportunity--- Start earning immediately with a hassle-free, fully leased property. Whether you're a seasoned investor or a newcomer to the property market, this triplex is a sound investment with a promising future. All 3 units are leased and appliances stay with the property. Don't miss out on this fantastic opportunity, give us a call!

Jennifer Swensen Century 21 KIMA Properties

This is a portfolio sale that covers 13 parcels across Mattoon and Charleston with a mix of multifamily and single-family rentals. The package includes 22 multifamily units across two addresses plus 11 single-family homes ranging from duplexes to 3-, 4-, 5-, and 6-bedroom properties. All units are currently tenant-occupied and producing income, delivering an in-place 10 cap.

Getty Greer SVN | North Star

Newly built duplex in desirable Urbana location. Live in one side and rent the other or rent both sides for an excellent long term asset purchase. Each side features 3 bedrooms 2 bathrooms, great room with gas log fireplace, custom kitchen and backyard access. The units each have a spacious 2 car garage. Strong market rents with the close proximity to UIUC!

Mark Panno KELLER WILLIAMS-TREC

This 24-unit apartment building in Urbana, Illinois, offers a rare and highly sought-after opportunity for investors seeking a true value-add project. All units are currently vacant and in need of renovation, presenting significant upside through capital improvements and repositioning. Each unit is a 1-bedroom, 1-bath layout similar to stabilized properties nearby, with market rents ranging

Nate Evans eXp Realty-Mahomet