1912 Southwood Drive, Champaign, Illinois 61821
$155,000
|
For Sale
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|
| Status: | Active |
| Sqft: | 1,225 |
| Cost/Sqft: | $127 |
| Beds: | 4 |
| Baths: | 1 |
| Year Built: | 1958 |
| Property Taxes: | $1,421 |
| Days On Market: | 57 |
| Lot Size: | 0,00 |
Description
Investor opportunity with built-in flexibility! This well-maintained 4-bedroom home offers immediate cash flow with a reliable long-term tenant who has occupied the property for the past nine years. Currently rented for $1,600 per month, the lease transitions to month-to-month in July, providing the flexibility to continue as an investment or make the home your own. The property has been well cared for and features numerous recent capital improvements, including a new furnace, water heater, and sewer line replacement completed within the past year-helping minimize near-term maintenance expenses. The tenant pays all utilities except sewer, which averages approximately $75 every two months. Whether you're expanding your investment portfolio or searching for a future owner-occupied home with rental income in place until you're ready to move, this property offers a rare combination of stable cash flow, major mechanical updates, and occupancy flexibility.
Property Specifics
| Single Family | |
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| 1958 | |
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| No | |
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| Champaign | |
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| — / Not Applicable | |
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| 12680278 | |
| 452022228049 |
Nearby Schools
| NAME: | DISTRICT: | DISTANCE: | |
|---|---|---|---|
|
Grade School
Champaign Elementary School |
4 | — | |
|
Middle School
Champaign/middle Call Unit 4 351 |
4 | Not in DB | |
|
High School
Centennial High School |
4 | Not in DB | |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 28 Feb, 2023 | Sold | $120,000 | MRED MLS |
| 24 Jan, 2023 | Under contract | $120,000 | MRED MLS |
| — | Last price change | $123,500 | MRED MLS |
| 29 Apr, 2022 | Listed for sale | $137,500 | MRED MLS |
| — | Last price change | $165,000 | MRED MLS |
| 16 Jun, 2026 | Listed for sale | $170,000 | MRED MLS |
Room Specifics
Total Bedrooms: 4
Bedrooms Above Ground: 4
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 1
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: —
Basement Description: —
Other Specifics
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| 50.19 X 125 X 50.19 X 125 | |
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| Not in DB | |
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Tax History
| Year | Property Taxes |
|---|---|
| 2023 | $1,687 |
| — | $1,421 |
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Listing Provided By
The Real Estate Firm LLC
