Home For Sale In Champaign, Illinois

house for sale

Listed: 05/26/24

412 W Church St, Champaign, Illinois, 61820

Studio Bed:

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Price

$ 425,000

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About This House

Ten unit multifamily house great for an investor looking to add to their portfolio. There are six studio units on the second floor of the property that utilize shared restrooms and laundry. The first floor has 3 separate 1 bed 1 bath units and 1 studio. This property has an impressive rental history and is currently fully leased through the end of July, 2024,with nine of the ten units rented through 2025. Conveniently located in central Champaign across from West Side Park with easy access to downtown along with the surrounding CU community. This will be sold as a package with the other investment properties.

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Houses for sale in Champaign

Original listing

Champaign Housing & Living

Average sale prices for houses

3 bed

4+ bed

Show as List Show as Graph

Month	Median Price
May 2024	$268,016 (-12.1%)
Apr 2024	$304,877 (0%)
Mar 2024	$304,877 (0%)
Feb 2024	$304,877 (0%)
Jan 2024	$304,877 (+11%)
Dec 2023	$274,594 (+23.6%)

In May 2024, the asking price for 3 bed houses for sale in/near Champaign, United States averaged $268,016, a decrease of 12.1% from the previous month.

Median price trends for properties for sale in Champaign, United States as of May 2024.

Household Income

Median household income: $44,638

Number of households: 33,834

The average household income in Champaign, IL declined from $45,198 to $44,638 in the past year. This data is an estimate based upon 33,834 households in Champaign, IL.
The chart below presents how household income is distributed in Champaign, IL in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Champaign, IL compared to median property taxes around the country. The prevalent amount of property taxes in Champaign, IL equals $3k+ , which is more than the national average.

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