Champaign IL Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
4
Year built:
1955
Baths:
3.00
MLS#:
12208972

ADDITIONAL INFORMATION

Ranch home with a loft apartment in the heart of Champaign. This is a rare and versatile property providing options to the next buyer! The main house is a 3 bed / 2 bath with over 1700 square feet. There is also an apartment above the detached two car garage. This unit features an open floor plan and 670 square feet. Tenant is on a month-to-month lease providing the buyer with options to continue lease or use however they wish. Bamboo floors throughout the house and apartment. Corner lot with a fenced in backyard. Near Hessel Park with easy access to public transportation and to the University of Illinois.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Year built:
1908
Baths:
2.00
MLS#:
12256098

ADDITIONAL INFORMATION

Great investment opportunity! This duplex just off campus has a newer roof (2020), renovated kitchens, and lots of updates. The lower unit has three bedrooms, one bathroom, and a screened in front porch. The upper unit has one bedroom, one bathroom, newer flooring, and is currently leased until July 31, 2025. The large two car garage could be rented out as another income stream! Large driveway provides lots of parking with additional parking behind garage off the alleyway.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
3
Year built:
1948
Baths:
2.00
MLS#:
12193733

ADDITIONAL INFORMATION

Welcome to 405 N McKinley, Champaign - a completely remodeled duplex in a desirable neighborhood, offering excellent investment potential. Recent upgrades include new siding and a new roof, ensuring minimal maintenance. Unit 1 is a spacious 2-bedroom, 1-bathroom unit featuring a large family room and a fully equipped kitchen with stainless steel appliances, including a refrigerator, oven, microwave, dishwasher, washer, and dryer. Currently rented below market value, Unit 1 presents an opportunity for future income growth. Unit 2 is an efficient 1-bedroom unit and is currently vacant, ready for a new tenant. This turnkey property is ideal for investors looking for a solid, well-maintained asset in a prime location.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
3
Baths:
2.00
MLS#:
12193040

ADDITIONAL INFORMATION

Fantastic investment opportunity! This charming two-unit home offers spacious living areas in both units. The main floor unit features one large bedroom, a bonus room perfect for an office or additional living space, and a full bathroom. The dining room boasts beautiful double doors that open to an outdoor deck, ideal for entertaining or relaxing. The kitchen is generously sized, offering plenty of space for meal prep and dining. The upper-level unit includes two large bedrooms and one bathroom, with ample living space and a well-proportioned kitchen. Room dimensions can be found on the floor plans. This gorgeous home offers great potential for owner occupancy or rental income. Don't miss out-schedule your showing today!

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
2
Year built:
1963
Baths:
1.00
MLS#:
12182754

ADDITIONAL INFORMATION

An all brick duplex with a basement, offering excellent rental income, is now available in a highly desirable Champaign location! Each unit features 2 bedrooms & 1 bath with partially finished basements that include rec space, laundry and storage. Unit 1718 is currently rented month to month at 950/mo. While Unit 1716 is currently vacant, a new one year lease starting at the end of October has been signed at 900/mo. This prime investment is conveniently located near dining and shopping and just across from the upcoming Country Fair Shopping Center redevelopment.

Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
5
Baths:
3.00
MLS#:
12177923

ADDITIONAL INFORMATION

Fully leased 3-unit multi-family investment in an established neighborhood! This is a fantastic opportunity for investors looking for consistent income in a desirable area. With reliable tenants already in place, you can enjoy immediate cash flow. Don't miss out on this excellent investment opportunity!

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Andrea D. Conner, License 471020674, Xome Inc., License 478026347, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


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Champaign Real Estate

The median home value in Champaign, IL is $216,000. This is higher than the county median home value of $177,400. The national median home value is $338,100. The average price of homes sold in Champaign, IL is $216,000. Approximately 38.5% of Champaign homes are owned, compared to 48.88% rented, while 12.62% are vacant. Champaign real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Champaign real estate agent to arrange a tour today!

Champaign, Illinois has a population of 88,343. Champaign is more family-centric than the surrounding county with 31.77% of the households containing married families with children. The county average for households married with children is 30.63%.

The median household income in Champaign, Illinois is $52,687. The median household income for the surrounding county is $56,939 compared to the national median of $69,021. The median age of people living in Champaign is 26.9 years.

Champaign Weather

The average high temperature in July is 84.4 degrees, with an average low temperature in January of 16.6 degrees. The average rainfall is approximately 40.7 inches per year, with 20.3 inches of snow per year.

Champaign Real Estate Market Conditions

  • Median sales price

    $216,000
    14.5% change since last quarter
  • # Active listings

    157
    30-day change

Champaign Schools and Demographics

Education near Champaign, IL

Metric City County
High School Graduates 94.14 94.77
College Degree - 2 year 7.24 8.56
College Degree - 4 year 51.9 45.48
Graduate Degree 19.1 15.4
Expenditures per Student 20,461 20,461
Students per Teacher 13.4 13.4

Elementary Schools near Champaign, IL

School Grades Students P/T Ratio ZIP
Bottenfield Elementary School KG - 05 469 14.9 61820
Champaign Early Chldhd Cntr PK - PK 285 25.9 61820
Dr Howard Elementary School KG - 05 418 13.3 61821
Garden Hills Elementary School KG - 05 542 12.7 61821
International Prep. Academy KG - 01 108 108 61821
Kenwood Elementary School KG - 05 354 13.1 61821
LEAL Elementary School KG - 05 399 13 61801
M L King Jr Elementary School KG - 05 320 9.4 61801
Prairie Elementary School KG - 05 408 11.7 61802
Robeson Elementary School KG - 05 409 14.1 61821
South Side Elementary School KG - 05 292 16.2 61820
Stratton Elementary School KG - 05 472 11.6 61820
Thomas Paine Elementary School KG - 05 312 13.2 61802
Urbana Early Childhood Center PK - PK 311 19.4 61802
Vernon L Barkstall Elementary School KG - 05 475 14.9 61822
Washington Elementary School KG - 05 365 14.2 61820
Westview Elementary School KG - 05 423 13.7 61821
Wiley Elementary School KG - 05 280 14.1 61801
Yankee Ridge Elementary School KG - 05 332 12.4 61801

Middle Schools near Champaign, IL

School Grades Students P/T Ratio ZIP
Edison Middle School 06 - 08 702 14 61820
Franklin Middle School 06 - 08 660 12.3 61820
Jefferson Middle School 06 - 08 711 12.2 61821
Urbana Middle School 06 - 08 935 11.6 61801

High Schools near Champaign, IL

School Grades Students P/T Ratio ZIP
Centennial High School 09 - 12 1,440 14.2 61821
Central High School 09 - 12 1,185 12.3 61820
Novak Academy 09 - 12 47 11.8 61820
Urbana High School 09 - 12 1,029 12.1 61801

Ungraded Schools near Champaign, IL

School Grades Students P/T Ratio ZIP
* University of Illinois High School 08 - 12 317 61801
Actions Program KG - 12 0 0 61820
R E A D Y Program 06 - 12 89 6.6 61820

Demographics near Champaign, IL

Metric City County
Neighborhood Type
Population 88,343 206,583
Population Density 3,869 207
Median Age 26.9 30.6
People per Household 2.3 2.3
Median Household Income 52,687 56,939
Average Income per Capita 32,023 32,971