Section Image

Explore Similar Apartments Within 25 Miles of Monticello, IL

  • /34

    $249,900

    • 4 Beds
    • 4 Baths

    704 W White St, Champaign, IL 61820

    Prime location 4 unit investment property with 4 one bedroom units. Separately metered gas and electric meters. Strong rental history and currently renting for $2,750/month total between the four units and all leases signed through Summer 2026. Sold AS-IS.

    Mark Panno KELLER WILLIAMS-TREC

    704 W White St, Champaign, IL 61820
  • /29

    $450,000

    631 E Grove Ave, Rantoul, IL 61866

    14 UNIT COMPLEX. Incredible investment opportunity with strong upside potential! Currently has only half the units occupied, generating over $4,400 per month in rental income. With repairs and updates to the remaining units, investors can maximize cash flow by bringing all 14 units online. The front brick building features a 3-bedroom, 1-bath unit with a basement that could easily be finished to

    Jeanette During TOWN & COUNTRY REALTY,LLP

    631 E Grove Ave, Rantoul, IL 61866
  • /12

    $319,900

    604 W Main St, Urbana, IL 61801

    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

    604 W Main St, Urbana, IL 61801
  • /15

    $274,900

    450 W Macon St, Decatur, IL 62522

    Investment Opportunity!Turn-key 6-unit all-brick apartment building offering six spacious 1 bedroom / 1 bath units. Two units are currently rented, with the remaining ready to lease, making this a fantastic opportunity for an investor looking for immediate income potential.Recent updates make this property truly low-maintenance:-Brand new roof (2024)-Replacement windows-Fresh

    Jennifer Miller Main Place Real Estate

    450 W Macon St, Decatur, IL 62522
  • /6

    $85,000

    899 W Main St, Decatur, IL 62522

    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

    899 W Main St, Decatur, IL 62522
  • /4

    $169,900

    2140 W Main St, Decatur, IL 62522

    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

    2140 W Main St, Decatur, IL 62522
  • /36

    $525,000

    • 3 Beds
    • 2.5 Baths
    • 2,360 Sq Ft

    445 S Wyckles Rd, Decatur, IL 62522

    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

    445 S Wyckles Rd, Decatur, IL 62522
  • /30

    $840,000

    612 W Macon St, Decatur, IL 62522

    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

    612 W Macon St, Decatur, IL 62522
  • /31

    $540,000

    320 W Main St, Decatur, IL 62522

    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

    320 W Main St, Decatur, IL 62522
  • /36

    $139,000

    • 3 Beds
    • 2 Baths

    401 S Maple St, Urbana, IL 61801

    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

    401 S Maple St, Urbana, IL 61801
  • /18

    $695,000

    • 8,916 Sq Ft

    1942 County Road 3000 N, Rantoul, IL 61866

    This well-maintained, all-brick apartment complex consists of two buildings with durable rolled rubber roofs, offering a total of 16 units. This is a solid, income-producing property with a strong maintenance record and excellent rental appeal. The south building includes four two-bedroom apartments and two one-bedroom apartments, while the north building features ten one-bedroom units. Each

    Herman Fogal REALTY 2000,INC

    1942 County Road 3000 N, Rantoul, IL 61866
  • /5

    $950,000

    2017 Philo Rd, Urbana, IL 61802

    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

    2017 Philo Rd, Urbana, IL 61802
  • /16

    $795,000

    2480 N Graceland Ave, Decatur, IL 62526

    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

    2480 N Graceland Ave, Decatur, IL 62526
  • /41

    $185,000

    1527 W Macon St, Decatur, IL 62522

    LOCATED NEAR MILLIKIN UNIVERSITY! Step into history with this enchanting brick duplex located in a prestigious Westside neighborhood in Decatur, IL, surrounded by other stately homes. This property is perfect for investors looking to expand their portfolios or homeowners seeking a house-hacking opportunity: live in one unit while renting out the other. Tenants pay for their own gas and electric

    Brenda Reynolds Vieweg RE/Better Homes & Gardens Real Estate-Service First

    1527 W Macon St, Decatur, IL 62522
  • /26

    $2,350,000

    • 12,720 Sq Ft

    1740 S Fairview Ave, Decatur, IL 62521

    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

    1740 S Fairview Ave, Decatur, IL 62521
  • /20

    $449,000

    • 14 Beds
    • 3 Baths

    806 W Ohio St, Urbana, IL 61801

    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 5,825 per month - a 6.5 GRM. This stately converted house sports three floors, plus a finished basement. Zoned R-7. Your tenants will appreciate the paved parking out back, and the electric

    Philip Fiscella Abe Lincoln Realty

    806 W Ohio St, Urbana, IL 61801
  • /2

    $345,000

    • 7 Beds
    • 3 Baths

    212 W John St, Champaign, IL 61820

    Unlock the Potential in Prime Champaign Location! Bring your vision and tools to this unique opportunity-a 2-unit property featuring 3 bedrooms and 1 bathroom per unit, plus a 690 sq ft ADU (Accessory Dwelling Unit) in the rear. With a total of approximately 3,300 square feet, this vacant property is ready for a full renovation to maximize its income-generating or multi-generational living

    Jill Hess RE/MAX REALTY ASSOCIATES-CHA

    212 W John St, Champaign, IL 61820

Why Live in Monticello

The quiet residential community of Monticello is popular with homebuyers looking for highly rater schools, a vibrant park system and proximity to the cities of Champaign, Decatur and Bloomington. "It's a really great place to raise a family," says ...

Home Trends in Monticello, IL

Housing Trends

Median Sale Price
$258,000
Median Single Family Sale Price
$277,000
Median Townhouse Sale Price
$259,950
Median 2 Bedroom Sale Price
$222,000
Average Price Per Sq Ft
$169
Number of Homes for Sale
23
Last 12 months Home Sales
109
Months of Supply
2.50
Median List Price
$262,450
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
12%
How to Buy a Home How to Finance a Home How to Sell a Home