Address
613 West Church Street Champaign, IL
Price
$ 280,000
Property Attributes
  • MLS#10778792
  • TypeMulti-Family
  • CountyCHAMPAIGN
  • CityChampaign
  • AreaChampaign - Savoy
  • NeighborhoodWilbur Heights
  • Zip61820
  • StyleResidential-Multi-Family,Single Room Occupancy
  • Year Built1890
  • Taxes4730
  • Price$ 280,000
  • Bedrooms2
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size8,276 SqFt
Listing Provided Courtesy Of:
KELLER WILLIAMS-TREC
Property Description

Looking for location and profitability in the next investment to add your rental portfolio? Look no further, you've found it at 613 W Church, Champaign! This multifamily consists of 3 1 bedroom, 1 bath studio units on the first floor, and 5 1 bedroom Single Room Occupancy (SRO) units that each have their own kitchenette and share 2 common bathrooms. You couldn't ask for a better location, close to downtown Champaign, Westside Park, and immediately adjacent to Champaign Central High School. Bringing in over $3700 per month in gross rents, this is an amazing investment. All units have separate electric meters, and water and natural gas are billed back to the occupants. Featuring low rents, and many very long term renters, there is always a list of people waiting for vacancies. Due to the deferred maintenance associated with an always occupied property, this multifamily unit is being sold in as-is condition. Even greater value may be found in redeveloping the entire structure! Make plans to see this property today!

Price History
7/11/2020 Listed $280,000

General Features

Age Older
Built Before 1978 Yes
Multi-Family Type Rooming House/SRO
Status Active
Tax Year 2019
Taxes 4, 730
Total Annual Income 45480
Total Units 8
Year Built 1890
Zoning MULTI

Interior Features

Air Conditioning Window Unit/s
Board Number 22
Total Monthly Income 3790
Total Stories 2
Unit Type 1 Rooms 2

Exterior Features

Acreage .19
Frontage/Access City Street
Lot Dimensions 60X139
Number of Parking Spaces 5

Room Details

Room Dimensions Level Flooring Details
Dining Room
Family Room
Living Room
Master Bedroom

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 61820

Price
AVG $840K
$280K
Taxes
AVG $20,930
$4,730
Visits
AVG 60
44
Year Built
AVG 1932
1890
Walkscore
AVG 77
59
Data Provided by Walkscore ® not using MLS data

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