7 Villard Court, Champaign, Illinois 61820
$135,000
|
For Sale
|
|
| Status: | Active |
| Sqft: | 700 |
| Cost/Sqft: | $193 |
| Beds: | 1 |
| Baths: | 2 |
| Year Built: | 1927 |
| Property Taxes: | $2,256 |
| Days On Market: | 6 |
| Lot Size: | 0,00 |
Description
Looking for a rental property with income already in place? This historic Champaign zerolot offers immediate cash flow and a strong rental history in a location just minutes from downtown Champaign, the University of Illinois, shopping, and restaurants. The main floor features 1 bedroom and 1 full bathroom, while the full finished basement provides a second full bathroom and 2 additional bedrooms, creating a functional layout that maximizes rental potential. Recent improvements include interior updates and the addition of central air conditioning. Whether you're a seasoned investor or looking to purchase your first income-producing property, this is an easy addition to a portfolio with a tenant already in place and producing income from day one. Property is being offered in conjunction with 1912 Southwood Drive (MLS #12680278). The properties may be purchased separately; however, both transactions must close on the same day to accommodate the seller's 1031 exchange requirements. Buy one or buy both, but don't miss the opportunity to add a pair of cash-flowing rental properties to your investment portfolio. Current Tenant pays $1580, and all utilities except owner pays sewage ($25 every 2 months). Tenant will extend their lease in August for another year. Furnace and water heater are 1 year old, newer appliances including washer/dryer. No HOA.
Property Specifics
| Condos/Townhomes | |
| 1 | |
| — | |
| 1927 | |
| — | |
| — | |
| No | |
| — |
| Champaign | |
| — | |
| — / Monthly | |
| — | |
| — | |
| — | |
| 12680370 | |
| 432013252029 |
Nearby Schools
| NAME: | DISTRICT: | DISTANCE: | |
|---|---|---|---|
|
Grade School
Champaign Elementary School |
4 | — | |
|
Middle School
Champaign Junior High School |
4 | Not in DB | |
|
High School
Champaign High School |
4 | Not in DB | |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 26 Jul, 2023 | Sold | $117,000 | MRED MLS |
| 26 Jun, 2023 | Under contract | $117,000 | MRED MLS |
| 5 Jun, 2023 | Listed for sale | $117,000 | MRED MLS |
| 16 Jun, 2026 | Listed for sale | $135,000 | MRED MLS |
Room Specifics
Total Bedrooms: 3
Bedrooms Above Ground: 1
Bedrooms Below Ground: 2
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 2
Bathroom Amenities: —
Bathroom in Basement: 1
Rooms: —
Basement Description: —
Other Specifics
| — | |
| — | |
| — | |
| — | |
| — | |
| 00X00 | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
| — | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2023 | $2,463 |
| 2026 | $2,256 |
Contact Agent
Nearby Similar Homes
Nearby Sold Comparables
Contact Agent
Listing Provided By
The Real Estate Firm LLC
