Fantastic location for this 3-plex investment opportunity within close proximity to downtown Champaign, Neil St retail and the University of Illinois Campus. The property contains three separate 1 bedroom 1 bath units that are currently leased through the end of the July 2025. Units are in good condition with hardwood flooring in each of the 3. The units are split between the upper, main and lower levels of the home. There are three parking spaces in the driveway for off-street parking with additional parking on-street. One car detached garage is currently being used as storage. Common onsite laundry in the lower level for all tenants.
Duplex opportunities available in NW Champaign backing up to the water. 8 have already sold. At only 4 years old, this duplex is bringing in $43,500 in annual rent. Units are currently at. 1800/month one at 1900. There are comps that are renting for as high as 2100/month. Tenants pay for all utilities. HOA Fee is 125/unit/year. Solar Panels have been installed on each unit (and are paid for) with EV Hookups in both garages. The Electric bills are next to nothing, saving your tenants money making them easier to rent. At 4 years old these are essentially maintenance free with no capital improvements needed in the foreseeable future. It's a great "Value-Add" opportunity by simply increasing the rents. Most tenants are long term tenants. Half of these units actually happen to back up to the water, so just great views to enjoy. There is a community common area less than 1 block away, and Subdivision Park with trails, basketball and tennis courts, sledding hills, and skate park. The location is near University of Illinois and Parkland College. Leases on file. NOTE: Owner owns a total of 14 units in this SubD. They are willing to bundle and create unique packages. Ask about the other duplexes available. Owner is only selling to completely dissolve their portfolio and heading to retirement.
Duplex opportunities available in NW Champaign backing up to the water. 8 have already sold. At only 4 years old, this duplex is bringing in $43,500 in annual rent. Units are currently at. 1800/month one at 1900. There are comps that are renting for as high as 2100/month. Tenants pay for all utilities. HOA Fee is 125/unit/year. Solar Panels have been installed on each unit (and are paid for) with EV Hookups in both garages. The Electric bills are next to nothing, saving your tenants money making them easier to rent. At 4 years old these are essentially maintenance free with no capital improvements needed in the foreseeable future. It's a great "Value-Add" opportunity by simply increasing the rents. Most tenants are long term tenants. Half of these units actually happen to back up to the water, so just great views to enjoy. There is a community common area less than 1 block away, and Subdivision Park with trails, basketball and tennis courts, sledding hills, and skate park. The location is near University of Illinois and Parkland College. Leases on file. NOTE: Owner owns a total of 14 units in this SubD. They are willing to bundle and create unique packages. Ask about the other duplexes available. Owner is only selling to completely dissolve their portfolio and heading to retirement.
Duplex opportunities available in NW Champaign backing up to the water. 8 have already sold. At only 4 years old, this duplex is bringing in $43,500 in annual rent. Units are currently at. 1800/month one at 1900. There are comps that are renting for as high as 2100/month. Tenants pay for all utilities. HOA Fee is 125/unit/year. Solar Panels have been installed on each unit (and are paid for) with EV Hookups in both garages. The Electric bills are next to nothing, saving your tenants money making them easier to rent. At 4 years old these are essentially maintenance free with no capital improvements needed in the foreseeable future. It's a great "Value-Add" opportunity by simply increasing the rents. Most tenants are long term tenants. Half of these units actually happen to back up to the water, so just great views to enjoy. There is a community common area less than 1 block away, and Subdivision Park with trails, basketball and tennis courts, sledding hills, and skate park. The location is near University of Illinois and Parkland College. Leases on file. NOTE: Owner owns a total of 14 units in this SubD. They are willing to bundle and create unique packages. Ask about the other duplexes available. Owner is only selling to completely dissolve their portfolio and heading to retirement.
Two unit multifamily house great for an investor looking to add to their portfolio. Both units have quality finishes from remodeling. The first floor unit is a 2 bed 1 bath with an additional 1 bed 1 bath unit on the second floor. This property has an impressive rental history and is currently fully leased through the end of July, 2025. Conveniently located in central Champaign with easy access to downtown along with the surrounding CU community. This will be sold as a package with the other investment properties.
Three unit multifamily house great for an investor looking to add to their portfolio. The first floor unit is a 2 bed 2 bath with two 1 bed 1 bath units on the second floor. This property has an impressive rental history and is currently fully leased through the end of July, 2024, with one unit rented through 2025. Conveniently located in central Champaign with easy access to downtown along with the surrounding CU community. There is common laundry in the basement of this property for all 3 units. This will be sold as a package with the other investment properties.
Three unit multifamily house great for an investor looking to add to their portfolio. All units have been recently remodeled. The three units include a 3bed/2bath, 3bed/1bath, and a 1bed/1bath within a two story converted house. This property has an impressive rental history and is currently fully leased through the end of July, 2024, with two of three units rented through 2025. Laundry machines located in the basement for use by the entire property. Laundry machines located in the basement for use by the entire property. Conveniently located in central Champaign with easy access to downtown along with the surrounding CU community. This will be sold as a package with the other investment properties.
Champaign is located in Illinois. Champaign, Illinois has a population of 85,710. Champaign is more family-centric than the surrounding county with 31.31% of the households containing married families with children. The county average for households married with children is 30.62%.
The median household income in Champaign, Illinois is $44,638. The median household income for the surrounding county is $49,586 compared to the national median of $57,652. The median age of people living in Champaign is 27.2 years.
The average high temperature in July is 84.7 degrees, with an average low temperature in January of 16.4 degrees. The average rainfall is approximately 40.4 inches per year, with 23.2 inches of snow per year.