This extremely nice all brick property is located on a very quiet 1 block long street. Yet Pershing Road is 1/2 block away with it's complement of commercial buildings including a bank on the corner and restaurants nearby. The building was built as an office dedicated to editing a magazine. Consequently, it has MANY separate offices as well as open areas and storage areas. There is one full

Doris Mabry Brinkoetter REALTORS®

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®

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

Great investment property. Property being sold as is.

Penny Hood Shelby Realty Services

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

Versatile Multi-Family Property with Strong Rental Income & Conversion Potential!Welcome to this spacious multi-family home offering two generous units—perfect for investors seeking steady rental income, Airbnb potential, or buyers looking to convert into a single-family residence.Unit 1 features: 3 spacious bedrooms and 2.5 baths, large living room perfect for relaxing or entertaining,

Glenda Sphar Glenda Sphar 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

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

Don't miss out on this fantastic business opportunity! Currently a AirBnB with two main floor units that have a large living room, 1 bedroom, kitchen, full bath and laundry. The upper level consists of two bedrooms, living room, kitchen, full bathroom and laundry. There are so many great features with this historical beautiful home and many recent updates including newer roof and windows. The

Glenda Sphar Glenda Sphar 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.

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