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Explore Similar Apartments Within 25 Miles of Sullivan, IL

  • /16

    $94,900

    1010 W Main St, Decatur, IL 62522

    This well-maintained triplex, located near Millikin University, is perfect for student housing or multi-tenant rental. With a gross income potential of $1,800/month when fully occupied, it’s a strong addition to any investment portfolio. Recent updates include bathroom renovations (2014 & 2015), kitchen upgrades (2013), a new roof (2013), a furnace (2010), electrical improvements (2016), and

    Brittany Rathje Main Place Real Estate

    1010 W Main St, Decatur, IL 62522
  • /10

    $439,000

    1445 Woodland Dr, Mount Zion, IL 62549

    Mt. Zion Multi-Family 8 Unit Complex 1441-1455 Woodland Drive - all one level - 4 units front, 4 units back, each unit is 1 bedroom 1 bath, 3 remodeled units with LVT flooring in living room and in remodeled kitchen and bath, new bedroom carpeting, new countertops, new casework, freshly painted, popcorn removed now knockdown ceilings. Brick building, all electric, separate meters, replacement

    Robin Thacker Brinkoetter REALTORS®

    1445 Woodland Dr, Mount Zion, IL 62549
  • /55

    $139,900

    • 7 Beds
    • 3 Baths

    2502 Pine Ave, Mattoon, IL 61938

    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

    2502 Pine Ave, Mattoon, IL 61938
  • /15

    $49,900

    • 2,534 Sq Ft

    1020 W Main St, Decatur, IL 62522

    Triplex rental! This historic charmer boasts a one-bedroom unit on the main level with large windows for plenty of natural light. Unit also offers basement access with laundry. 2nd floor unit is a 1-bedroom featuring in unit washer and dryer with a great-sized living room and bedroom. 3rd story offers a studio with a den. This is a great location for Millikin students!! Add this one to your

    Debra Jones Lyle Campbell & Son Realtors

    1020 W Main St, Decatur, IL 62522
  • /40

    $159,900

    • 2,246 Sq Ft

    314 S Cedar St, Shelbyville, IL 62565

    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

    314 S Cedar St, Shelbyville, IL 62565
  • /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
  • /8

    $82,000

    • 5 Beds
    • 2 Baths
    • 2,556 Sq Ft

    646 W Macon St, Decatur, IL 62522

    Duplex with one long term tenant in place. The upper level has 2 bedrooms and one bath. Spacious open family room. Lower level has 3 Bedrooms with one bath. Both units have washer/dryer hookups. One AC unit, 2024. One WH is 2025. Lower level bath surround is 2025. Well maintained two story brick duplex. Instant income!

    Trisha Beck Beck Realtors, Inc.

    646 W Macon St, Decatur, IL 62522
  • /23

    $29,999

    • 2,242 Sq Ft

    321 N 16th St, Mattoon, IL 61938

    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

    321 N 16th St, Mattoon, IL 61938
  • /12

    $149,900

    802 Van Buren Ave, Charleston, IL 61920

    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

    802 Van Buren Ave, Charleston, IL 61920
  • /12

    $84,500

    321 A St, Charleston, IL 61920

    Take a Look at this Exciting Investment Opportunity!! This Well-Kept Duplex provides Immediate Income! Each unit features spacious living room & oversized bedroom as well as Updated Kitchen & Baths. Both have common access to the nice front porch & individual entrances with small deck & ample parking in the back with alley access!

    Julie Willingham Premier Realtors

    321 A St, Charleston, IL 61920
  • /39

    $95,000

    172 S Broadway St, Shelbyville, IL 62565

    Looking for an investment? Checkout this nice old home that has been converted to 3 Apartments. One 2 bedroom apartment upstairs, One 2 bedroom apartment downstairs, and One 1 bedroom apartment downstairs. Apartments were in the process of being renovated, just needs to be finished and cleaned up and you are ready for tenants. Located 1 block from down town

    Randall Milliman C21 Realty Concepts

    172 S Broadway St, Shelbyville, IL 62565
  • /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
  • /22

    $189,000

    300 E 2nd St, Pana, IL 62557

    This is a wonderful opportunity to enhance your investment portfolio or to begin your journey in real estate. The property consists of seven one-bedroom, one-bathroom units, all of which are currently rented. A new roof was installed in 2024, and Apartment 4 has been renovated. Please call to schedule your viewing today. Notice is required.

    Kelly Washburn Fayette County Real Estate

    300 E 2nd St, Pana, IL 62557
  • /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
  • /9

    $175,000

    1900 Champaign Ave, Mattoon, IL 61938

    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

    1900 Champaign Ave, Mattoon, IL 61938
  • /20

    $1,399,900

    125 E St, Charleston, IL 61920

    Don't miss this incredible opportunity to add to your portfolio in Charleston! Each of the 18 units offers a spacious living room, eat-in kitchen, two bedrooms and one bath. Sitting just minutes from shopping, restaurants and more you'll love the fantastic income potential found in this one!

    Ryan Dallas RYAN DALLAS REAL ESTATE

    125 E St, Charleston, IL 61920
  • /34

    $249,900

    • 4,104 Sq Ft

    318 W Main St, Shelbyville, IL 62565

    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

    318 W Main St, Shelbyville, IL 62565
  • /17

    $565,000

    135 E Prairie Ave Unit 1-4, Decatur, IL 62523

    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

    135 E Prairie Ave Unit 1-4, Decatur, IL 62523
  • /8

    $92,700

    1009 S 14th St, Mattoon, IL 61938

    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

    1009 S 14th St, Mattoon, IL 61938
  • /9

    $399,000

    • 9,000 Sq Ft

    164 N Park Place, Decatur, IL 62522

    Discover a prime investment opportunity with this multifamily property located within walking distance of Millikin University. Boasting 18-bedrooms : 16 tenant bedrooms fully furnished with queen and/or twin bed, mattress and dresser. 2 of the bedrooms with full baths used for facility director located on main floor.4.5 tenant bathrooms-all full baths have showers and were remodeled in the

    Tonya Feller Vieweg RE/Better Homes & Gardens Real Estate-Service First

    164 N Park Place, Decatur, IL 62522
  • /2

    $69,900

    303 N 6th St, Charleston, IL 61920

    Excellent investment opportunity near shopping, restaurants and entertainment in Charleston! This 2 unit home hosts a one bedroom, one bath, as well as a two bedroom, one bath unit. Both are currently rented and offer instant income potential! Sold as is. Take a look today!

    Ryan Dallas Ryan Dallas Real Estate

    303 N 6th St, Charleston, IL 61920
  • /2

    $170,000

    1103 & 1105 6th St, Charleston, IL 61920

    This unique parcel features two rental properties just steps away from Eastern Illinois University. The first is a well maintained 3-bedroom, 1-bathroom unit with a functional layout and large parking lot. The second is a spacious 4-bedroom, 2-bathroom home, offering ample space and modern amenities. Both properties boast a strong rental history, providing excellent cash flow potential. Don't

    Jennifer Swensen Century 21 KIMA Properties

    1103 & 1105 6th St, Charleston, IL 61920
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