Champaign, IL 61820 11 E Columbia Avenue
$5,000,000
9 more
Presented By: Green Street Realty
Beds • 3
Home Details
The Quarters - Exceptional investment opportunity! This 32-unit, 5-story apartment building in Downtown Champaign was built in 2014 and features Spanish Colonial-inspired design with 14' ceilings, hardwood floors, granite window sills, and Juliet balconies. Units include in-unit laundry, full appliance packages, and high-speed internet. The building offers covered parking, secure access, and a 5-stop Kone elevator. With a strong leasing history, high occupancy, and consistent rent growth, this property is a turnkey income-producing asset in a prime, walkable location near restaurants, nightlife, and shopping.
Presented By: Green Street Realty
General for 11 E Columbia Avenue
Additional Parcels Y/NNo
CityChampaign
CoolingCentral Air
CountyChampaign
Current UseMulti-Family
DirectionsTake N Neil St to E Columbia Ave. The property is on the corner of E Columbia Ave and N Hickory St.
Electric Expense
Fuel Expense
Gross Income565470
Insurance Expense
Lot Size Square Feet7564
MLS AreaChampaign, Savoy
MaintenanceExpense
ModificationTimestamp2025-10-16T05:06:02.902Z
Net Operating Income345810
Number Of Units Total2
Operating Expense219660
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive
StatusActive
Stories Count5
Tax Annual Amount116578.2
Tax Year2024
TownshipChampaign
Trash Expense0
Water Sewer Expense0
Year Built2014
ZoningMULTI
Exterior for 11 E Columbia Avenue
Frontage TypeCity Street
Lot Dimensions7564.05
Lot Size Acres0.17
Additional Details
Price History
