7 Villard CT #7, Champaign, IL 61820
7 Villard CT #7, Champaign, IL 61820
7 Villard CT #7, Champaign, IL 61820
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$ 135,000
Est. payment | /mo

3 Beds

2 Baths

700 SqFt


Save
$ 135,000
Est. payment | /mo
Save

3 Beds

2 Baths

700 SqFt

Key Details

Property Type Condo

Sub Type Condo

Listing Status Active

Purchase Type For Sale

Square Footage 700 sqft

Price per Sqft $192

MLS Listing ID 12680370

Bedrooms 3

Full Baths 2

Year Built 1927

Annual Tax Amount $2,256

Tax Year 2024

Lot Dimensions 00X00

Property Sub-Type Condo

Property Description

Looking for a rental property with income already in place? This historic Champaign zerolot offers immediate cash flow and a strong rental history in a location just minutes from downtown Champaign, the University of Illinois, shopping, and restaurants. The main floor features 1 bedroom and 1 full bathroom, while the full finished basement provides a second full bathroom and 2 additional bedrooms, creating a functional layout that maximizes rental potential. Recent improvements include interior updates and the addition of central air conditioning. Whether you're a seasoned investor or looking to purchase your first income-producing property, this is an easy addition to a portfolio with a tenant already in place and producing income from day one. Property is being offered in conjunction with 1912 Southwood Drive (MLS #12680278). The properties may be purchased separately; however, both transactions must close on the same day to accommodate the seller's 1031 exchange requirements. Buy one or buy both, but don't miss the opportunity to add a pair of cash-flowing rental properties to your investment portfolio. Current Tenant pays $1580, and all utilities except owner pays sewage ($25 every 2 months). Tenant will extend their lease in August for another year. Furnace and water heater are 1 year old, newer appliances including washer/dryer. No HOA.

Location

State IL

County Champaign

Area Champaign, Savoy

Rooms

Basement Finished, Full

Interior

Heating Natural Gas, Forced Air

Cooling Central Air

Fireplace N

Building

Dwelling Type Attached Single

Building Description Stone, No

Story 1

Sewer Public Sewer

Water Public

Structure Type Stone

New Construction false

Schools

Elementary Schools Champaign Elementary School

Middle Schools Champaign Junior High School

High Schools Champaign High School

School District 4 , 4, 4

Others

HOA Fee Include None

Ownership Fee Simple

Special Listing Condition None

Pets Allowed Cats OK, Dogs OK

Midwest Real Estate Data (MRED) IDX
Listed by Timothy Leyhe of  The Real Estate Firm LLC 

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Philip DeFrancesco
Philip DeFrancesco

Managing Broker | Senior Sales Director

+1(630) 330-0313 | team@dappercrown.com

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7 Villard CT #7