IL > Champaign
Champaign, IL 61820,508 W Columbia AVE
Legacy Property Management
Legacy Property Management

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+1(224) 999-9200

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$ 275,000

$ 275,000

Est. payment | /mo

7 Beds

4 Baths

$ 275,000

$ 275,000

Est. payment | /mo

7 Beds

4 Baths

Key Details

Sold Price $275,000

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 12331581

Sold Date 06/05/25

Bedrooms 7

Annual Tax Amount $3,599

Tax Year 2022

Lot Dimensions 66 X 132

Property Sub-Type Two to Four Units

Property Description

This three-unit multifamily house is a great opportunity for an investor looking to expand their portfolio. All units have been recently remodeled and include a 3-bedroom/2-bath, a 3-bedroom/1-bath, and a 1-bedroom/1-bath within a two-story converted house. The property boasts an impressive rental history and is currently fully leased through July 2026. There are laundry facilities located in the basement for use by all tenants. Conveniently situated in central Champaign, it offers easy access to downtown and the surrounding CU community.

Location

State IL

County Champaign

Area Champaign, Savoy

Rooms

Basement Partially Finished, Full

Interior

Heating Natural Gas, Forced Air

Fireplace N

Building

Building Description Vinyl Siding, No

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding

New Construction false

Schools

Elementary Schools Champaign Elementary School

Middle Schools Champaign/Middle Call Unit 4 351

High Schools Central High School

School District 4 , 4, 4

Others

Ownership Fee Simple

Special Listing Condition None

Midwest Real Estate Data (MRED) IDX
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Jill Hess of  RE/MAX Choice 
Bought with Rodica Taritsa of KELLER WILLIAMS-TREC
Legacy Property Management

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(224) 999-9200

propertymanagement@legacypropertiesil.com

1350 Remington Rd, Suite B, Schaumburg, IL, Other

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508 W Columbia AVE