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Listed by Timothy Leyheof The Real Estate Firm LLC
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Est. payment /mo
New
7 Villard CT #7 Champaign, IL 61820
3 Beds
2 Baths
700 SqFt
UPDATED:
Key Details
Property Type Condo
Sub Type Condo
Listing Status Active
Purchase Type For Sale
Square Footage 700 sqft
MLS Listing ID 12680370
Bedrooms 3
Full Baths 2
Year Built 1927
Annual Tax Amount $2,256
Tax Year 2024
Lot Dimensions 00X00
Property Sub-Type Condo
Property 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.
Location
State IL
County Champaign
Rooms
Basement Finished, Full
Interior
Heating Natural Gas, Forced Air
Cooling Central Air
Fireplace N
Exterior
View Y/N true
Building
Sewer Public Sewer
Water Public
Structure Type Stone
New Construction false
Schools
Elementary Schools Champaign Elementary School
Middle Schools Champaign Junior High School
High Schools Champaign High School
School District 4, 4, 4
Others
Pets Allowed Cats OK, Dogs OK
HOA Fee Include None
Ownership Fee Simple
Special Listing Condition None
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