$320,000
$325,000
1.5%For more information regarding the value of a property, please contact us for a free consultation.
206 W William Street Champaign, IL 61820
8 Beds
Key Details
Sold Price $320,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
Subdivision Sellers And Ward
MLS Listing ID 11327733
Sold Date 04/14/22
Style Other
Bedrooms 8
Year Built 1989
Annual Tax Amount $8,399
Tax Year 2020
Lot Dimensions 66 X 132
Property Description
Great Investment opportunity next to U of I Campus. Large Duplex offering 4 Bedrooms & 4 Full Baths on each side. Each unit offers shared Commons Area consisting of Kitchen, Dining, Living Room. Basement for extra storage and coin operated laundry facilities. Off-Street Parking for 6 Cars and On-Street Parking on William. Tenants pay utilities including internet (each side individually metered). Owner pays Sewer, Trash Removal, Laundry Room utilities, Property Taxes. Both units are furnished. Can be leased by the Bedroom $375/bedroom, or a full unit for $1,500. Currently one side is rented for $1,495/month until 6/30/2022. The other side has two rooms rented for $375/month each with leases ending 6/30/2023 and 8/31/2022 respectively. This makes it a great option for an owner occupied to live on one side after June, and rent the other side for $1,500/month. If both sides are fully rented, then it generates $3,000/month of gross rent. Close to U of I Campus, Downtown Champaign, Dining & Shopping. Near bus line.
Location
State IL
County Champaign
Zoning MULTI
Rooms
Basement Partial, Walkout
Interior
Heating Natural Gas, Electric
Fireplace N
Exterior
Waterfront false
View Y/N true
Roof Type Asphalt
Building
Sewer Public Sewer
Water Public
New Construction false
Schools
Elementary Schools Unit 4 Of Choice
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
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Bought with Ryan Dallas • RYAN DALLAS REAL ESTATE