Description
This walk-up third-floor corner unit in Colony West offers 1,446 square feet, 3 bedrooms, and 2 full baths, featuring one of the community's original floor plans with a true interior staircase to the upper level. Positioned for maximum natural light, the additional windows and southern exposure create a bright, inviting atmosphere throughout. The updated kitchen and cozy fireplace add both style and everyday functionality. The enclosed deck provides flexible, unheated seasonal space, ideal for relaxing, hobbies, or a private retreat. All appliances are included for added convenience, and the unit features assigned parking along with ample nearby guest parking. Colony West residents enjoy access to walking paths, a clubhouse, and an inground pool, with a current monthly HOA of $265. Ideally located with quick access to the University of Illinois campus and downtown Champaign, this property offers strong potential for both owner-occupants and investors. Possession available by mid-May.
Property Highlights
Property Type: Residential - Condominium
Total Living Area SF: 1,446
Built in 1978
Elementary School: Champaign Elementary School
High School: Champaign High School
Middle School: Champaign Junior High School
One Fireplace
General Information
Bedrooms: 3
Bathrooms: 2
Sqft: 1,446
County: Champaign
High School: Champaign High School
Subdivision: Colony West
Listed By:
RE/MAX REALTY ASSOCIATES-CHA
MRED MLS
MLS ID: 12600131
Room Information
Enclosed Balcony: 6X12
Bedroom 2: 11X11
Bedroom 3: 14X8
Dining Room: 14X11
Kitchen: 8X8
Living Room: 20X14
Primary Bedroom: 14X8
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2115 Melrose Drive, Unit C, Champaign, IL 61820.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $140,000 | $140,000 | $140,000 |
| Down Payment | $28,000 | $4,900 | $35,000 |
| Monthly Mortgage Amount | $663 | $824 | $858 |
| Taxes | $195 | $195 | $195 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $62 | $0 |
| Monthly Estimated Total | $958 | $1,181 | $1,153 |