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10 Units Champaign IL - 2 Adjacent Prop 2 Multifamily Properties Offered at $678,645 CAD in Champaign, IL
Investment Highlights
- MF2 zoning allows for redevelopment of up to 24,696 square feet of multifamily space.
- Close to Downtown Champaign and UIUC Campus for easy back and forth travel.
- Central Champaign Location perfect for students go going to UIUC.
- Both buildings feature unfinished basements providing additional storage space.
Executive Summary
10 Units on two parcels and two buildings. One four unit building with all 1 bedroom 1 full bathroom units and 1013 Church with 6 units, two 1 bedroom 1-bathroom units and four efficiency units with full bathrooms. Both buildings have unfinished basements for storage. 1013 Church has a detached 2 car garage. Strong revenue and easy to rent. Great future redevelopment opportunity with MF2 zoning. Can build up to 24,696 square feet of multifamily across the two lots.
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Property Facts
| Price | $678,645 CAD | Number of Properties | 2 |
| Price / SF | $150.81 CAD / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 4,500 SF |
| Status | Active | Total Land Area | 0.41 AC |
| Price | $678,645 CAD |
| Price / SF | $150.81 CAD / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 4,500 SF |
| Total Land Area | 0.41 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1013 W Church St, Champaign, IL 61821 | Multifamily | 2,500 SF | 1920 | - |
| 1011 W Church St, Champaign, IL 61821 | Multifamily | 2,000 SF | 1910 | - |
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10 Units Champaign IL - 2 Adjacent Prop
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