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611 W Springfield Avenue

Champaign, IL 61820
  • $150,000
  • STATUS: Active
  • ON SITE: 308 Days
  • MLS #: 11358128
UPDATED: 11 min ago
$150,000
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1908
County:

School Ratings & Info

Description

Calling all investors! Here is the opportunity to own a multi-unit investment property on Springfield Avenue, close to downtown Champaign! Unit 1, on the first floor, has three bedrooms and two full baths, and rents for $975 per month, renter pays their own electricity. The second floor consists of three bedrooms that share a common kitchen and bath, currently rented to long term renters with per room rents averaging $435 per room. The third floor studio in the finished attic has its own bath, but shares the kitchen on the second floor and rents for $475. The garden level Unit 6 is a stand-alone one bedroom with egress window, one bath and kitchen apartment and rents for $575 and is metered separately for electric. Owner pays natural gas, radiant heat, water and sewer. Priced to sell in AS-IS condition. Be sure to check this one out and add to your portfolio!

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© 2023 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 Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2023-01-28T23:57:22.823 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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611 W Springfield Avenue Champaign, IL 61820

  • Price: $150,000
  • Status: Active
  • On Site: 308 Days
  • Updated: 11 min ago
  • MLS #: 11358128
0
Beds
0
Baths
0
½ Baths
0.18
Acres
1908
Built
Neighborhood:
Champaign, Savoy
County:
Champaign
Area:
Champaign, Savoy
Property Description
Calling all investors! Here is the opportunity to own a multi-unit investment property on Springfield Avenue, close to downtown Champaign! Unit 1, on the first floor, has three bedrooms and two full baths, and rents for $975 per month, renter pays their own electricity. The second floor consists of three bedrooms that share a common kitchen and bath, currently rented to long term renters with per room rents averaging $435 per room. The third floor studio in the finished attic has its own bath, but shares the kitchen on the second floor and rents for $475. The garden level Unit 6 is a stand-alone one bedroom with egress window, one bath and kitchen apartment and rents for $575 and is metered separately for electric. Owner pays natural gas, radiant heat, water and sewer. Priced to sell in AS-IS condition. Be sure to check this one out and add to your portfolio!
Exterior Features

Exterior Building Type Brick Foundation Details Brick/Mortar Parking Total 5

Interior Features

Heat Ventilation Forced Air

Property Features

Additional Parcels YN No Approximate Age Older Built Before1978 YN Yes Current Use Multi-Family Gross Income 39960 Gross Scheduled Income 39960 Insurance Expense 1000 Maintenance Expense 0 Mls Actual Status Active Net Operating Income 30904 Operating Expense 4250 Tax Annual Amount 4806.3 Tax Year 2020 Tenant Pays Varies By Tenant Total Monthly Income 3330 Township Champaign Type Multi Family 5+ Zoning Multi

Listing information © 2023 Midwest Real Estate Data LLC.
Listing provided courtesy of Keller Williams-Trec: 217-356-6100.


© 2023 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 Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2023-01-28T23:57:22.823 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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Ryan Dallas Real Estate
4112C Fieldstone Road
Champaign IL, 61822