Champaign, US
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 2025-26 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 R-7. Your tenants will appreciate the paved parking out back, and the electric system was updated circa 2009. Tenants pay all utilities. Lessee is a corporate entity, so easy to work with. Owner is a licensed real estate broker.
Courtesy Of: Abe Lincoln Realty
Feature Highlights
- Broker Owned/Interest
- Built Before 1978
General Features
- List Date:
- 01/08/2024
Public Schools
- Elementary School:
- Leal Elementary Scho
- High School:
- Urbana High School
Interior Features
- Bedrooms Possible:
- 14
- Rooms Total:
- 18
Exterior Features and Amenities
- Lot Size Dimensions:
- 52X135
- Parking Total:
- 10
Financial
- Days On Market:
- 663
- Tax Annual Amount:
- $11,290.12
- Tax Year:
- 2023
Other Features
- Elementary School District:
- 116
- High School District:
- 116
- Middle Or Junior School District:
- 116
- Age:
- 91-100 Years
The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of MRED LLC. Real Estate listings held by brokerage firms other than Hometown Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data last updated: 2025-12-28.
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