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Listed by PJ Trautmanof Trautman Real Estate Agency & Appraisal LLC
$ 225,000
Est. payment /mo
New
506 W William Street Champaign, IL 61820
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12650535
Year Built 1923
Annual Tax Amount $3,958
Tax Year 2024
Property Sub-Type Two to Four Units
Property Description
Located in an established Champaign neighborhood near downtown and the University of Illinois, 506 W William St. is a duplex investment opportunity offering strong rental potential and future upside. The property features a main-level two-bedroom, one-bath unit and an upper-level studio apartment with approximately 1,282 square feet of living space, a full basement, covered porches, central air conditioning, and a detached one-car garage with additional off-street parking. Current rents are below market, creating value-add potential for future ownership. This property would work well as an investment property or future owner-occupied opportunity in a strong rental location.
Location
State IL
County Champaign
Rooms
Basement Full
Interior
Fireplace N
Exterior
Garage Spaces 1.0
View Y/N true
Building
New Construction false
Schools
School District 4, 4, 4
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