Description
Rare investment opportunity in in-town Champaign with four houses on a single parcel located at 911, 1001, 1003, and 1005 N Elm. Three of the four homes are currently leased with stable tenants in place, generating total monthly rents of $2,870, while the vacant fourth home offers clear value-add potential and room for increased returns. This unique multi-property offering is well suited for investors seeking immediate cash flow, future upside, and a standout portfolio addition in a convenient Champaign location.
Property Highlights
Property Type: Residential - Single Family
Total Living Area SF: 780
Built in 1920
Elementary School: Champaign Elementary School
High School: Champaign High School
Middle School: Champaign Junior High School
General Information
Bedrooms: 2
Bathrooms: 1
Sqft: 780
County: Champaign
High School: Champaign High School
Listed By:
JOEL WARD HOMES, INC
MRED MLS
MLS ID: 12603534
Room Information
Bedroom 2: 9X12
Kitchen: 8X14
Laundry: 6X9
Living Room: 17X12
Primary Bedroom: 13X12
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911 N Elm Street, Champaign, IL 61820.
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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $370,000 | $370,000 | $370,000 |
| Down Payment | $74,000 | $12,950 | $92,500 |
| Monthly Mortgage Amount | $1,751 | $2,178 | $2,267 |
| Taxes | $515 | $515 | $515 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $163 | $0 |
| Monthly Estimated Total | $2,374 | $2,964 | $2,890 |