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7 Villard Court, Unit 7 Champaign, IL 61820

$135,000
New / MLS# 12680370 / Residential - Condominium / Champaign
3 Beds
2 Baths
700 SqFt

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.

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Baird & Warner Kate Schumacher Agent Cell: 847.624.3153 Email

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Estimated Payment

$ 527.38 per month $300.00 Principal & Interest $188.00 Property Tax $39.38 Homeowner's Insurance
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Property Details

Property Type: Residential - Condominium
Basement: Yes
Basement: Finished, Full
Cooling: Central Air
Heating: Natural Gas, Forced Air
Lot Size: 0.00 Acres
Stories: 1.0
Taxes: $2,256
Year Built: 1927

Feature Descriptions

Additional rooms: No additional rooms
Association Includes: None
Exterior: Stone
Lot Dimensions: 00X00
Parcel#: 432013252029
Pet Allowed: Cats OK, Dogs OK
Sewer: Public Sewer
Total Rooms: 6
Township: Champaign
Water: Public

Room Information

Bedroom 2: 12X12
Bedroom 3: 12X12
Dining Room: 9X8
Kitchen: 12X9
Living Room: 12X16
Primary Bedroom: 12X10

Schools

High School: Champaign High School
Middle School: Champaign Junior High School
Elementary School: Champaign Elementary School
School District: District 4

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Location

See details and scored characteristics about this location.

Listing Office: The Real Estate Firm LLC

Listing Office Phone: 217-493-0545



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