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
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
