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$157,110
$250,000

Sold 3 years ago

503 N State St, Champaign, IL

Real Estate

Sold

Listed price in listed location currency (USD).
$157,110
$250,000

Sold 3 years ago

00-0
  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $2,740
Approx. Age 1922
MLS® Number 11412249

Property Address: 503 N State St, Champaign, Illinois

Average square foot calculated using Size range provided by listing agent.

Description

Looking for location and cash flow? Look no further! 503 N State, Champaign is a 5-unit multifamily dwelling located just two blocks from downtown Champaign! This property consists of (3) one-bedroom, one-bath studio units that rent for up to $650 per month, (1) two-bedroom, one-bathroom apartment that rents for $875, and (1) two-bedroom, two-bathroom unit that rents for $975. That is a potential rental income of $3750 per month. The detached one-car garage offers storage or additional income potential. The basement laundry room is also a potential secondary income source. All units are separately metered for electricity. Multifamily apartment buildings this close to downtown rarely become available!
MLS® Number11412249
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1922
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/CWindow Unit(s)
Heating Fuel

Extras

503 N State St, Champaign, IL

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