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412 W Church Street

Champaign, IL 61820
  • $625,000
  • STATUS: Active
  • ON SITE: 7 Days
  • MLS #: 11480913
UPDATED: 51 min ago
$625,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1896
County:

School Ratings & Info

Description

Great development potential! This property is situated across the street from West Side Park, minutes from downtown Champaign, and adjacent to the ongoing Central High School development projects giving 412 Church prime development potential. 412 Church is currently a 10-unit multifamily converted home that is fully leased with 9 of the 10 units being leased through July 2023. This location experiences high demand from rental prospects with a history of little to no vacancy.

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© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or The Schwabe Group | Compass. Based on information submitted to the MRED as of 2022-08-10T10:00:08.003 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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412 W Church Street Champaign, IL 61820

  • Price: $625,000
  • Status: Active
  • On Site: 7 Days
  • Updated: 51 min ago
  • MLS #: 11480913
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1896
Built
Neighborhood:
Champaign, Savoy
County:
Champaign
Area:
Champaign, Savoy
Property Description
Great development potential! This property is situated across the street from West Side Park, minutes from downtown Champaign, and adjacent to the ongoing Central High School development projects giving 412 Church prime development potential. 412 Church is currently a 10-unit multifamily converted home that is fully leased with 9 of the 10 units being leased through July 2023. This location experiences high demand from rental prospects with a history of little to no vacancy.
Exterior Features

Parking Total 4

Interior Features

Heat Ventilation Hot WaterRadiators

Property Features

Additional Parcels YN No Approximate Age Older Built Before1978 YN Yes Gross Income 45422 Gross Scheduled Income 45422 Insurance Expense 2170 Maintenance Expense 814 Mls Actual Status Active Net Operating Income 20092 Operating Expense 25330 Tax Annual Amount 7183 Tax Year 2021 Tenant Pays Electricity Total Monthly Income 3785 Township Champaign Type Multi Family 5+

Listing information © 2022 Midwest Real Estate Data LLC.
Listing provided courtesy of Ramshaw Real Estate.


© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or The Schwabe Group | Compass. Based on information submitted to the MRED as of 2022-08-10T10:00:08.003 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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The Schwabe Group | Compass
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