Price Reduced Listing
$275,000
( )
$1,476 est/mo Sourced by Back At You617 W Springfield Avenue , Champaign, IL 61820
Champaign, IL 61820
Description
Expand your rental portfolio with 617 W Springfield, a fully rented 5-unit building located just minutes from downtown Champaign. Each unit is a one-bedroom with its own kitchen and bathroom. Two units have been recently remodeled, while the remaining three enjoy long-term tenants. Major 2024 updates include full exterior repainting, back porch upgrades, and landscaping improvements, enhancing both curb appeal and longevity. The property features a coin-operated laundry in the basement. Tenants have individually metered electricity, while water, sewer, and natural gas are covered by a monthly utility charge included in the rent. A solid investment opportunity in a prime location!
Details
| MLS# | 12149514 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1903 |
| Days On Site | 132 |
| Listing Provided By | KELLER WILLIAMS-TREC | Joe Zalabak |
Features
| Story(s) | 3 |
|---|---|
| Units | 5 |
| Zoning | MULTI |
| Acreage | 0.18 |
Market Activity 61820
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Learn More About This Property
| State | IL |
|---|---|
| County | Champaign |
| City | Champaign |
| Zip Code | 61820 |
| Area | Champaign | Savoy |
| Listing VS Median (in 61820) | |
Price: $275,000 low | high Med: $194,000 On Site: 132 low | high Med: 103.000000 | |
Listing Updated: January 13, 2025 at 3:19:10 AM PST