Champaign, US
This gorgeous Tudor-style multifamily asset combines historic charm with strong, stable income performance. Individual units feature hardwood flooring, original crown molding, and beautiful built-ins, offering architectural character that consistently appeals to tenants. The three-bedroom units include stunning sunrooms, adding highly desirable living space and enhanced tenant appeal. All units except the basement apartment feature covered rear balconies, providing private outdoor space that further differentiates the property in the market. The updated galley kitchens offer functional layouts with direct access to outdoor areas, ideal for relaxing or entertaining. The property is seconds from downtown Urbana and the University of Illinois campus, a premier location that supports consistent demand. Additional amenities include off-street parking and free laundry located in the shared basement. The building consists of four 3-bedroom units, two 2-bedroom units, and one 1-bedroom basement unit, creating a strong and flexible unit mix for both student and professional tenants. The property is fully leased through 2026, with multiple tenants already renewed for the 2026-2027 leasing season, delivering immediate and predictable cash flow. The asset has been managed in-house by the owner, a licensed Realtor, demonstrating pride of ownership and consistent oversight. This offering represents a turnkey, stabilized investment opportunity in one of Urbana's most desirable rental corridors.
Courtesy Of: RE/MAX REALTY ASSOCIATES-CHA
Feature Highlights
- Built Before 1978
General Features
- List Date:
- 01/16/2026
Exterior Features and Amenities
- Lot Size Dimensions:
- 60.5X121.5 AND 47.25X60.5
Financial
- Days On Market:
- 7
- Tax Annual Amount:
- $20,387.00
- Tax Year:
- 2024
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Data last updated: 2026-01-29.
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