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3307 3309 Boulder Ridge Drive

Champaign, IL 61822

6 beds
6 baths
– sqft
~1/2 acre lot
2021 build
– on site

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Duplex opportunities available in NW Champaign backing up to the water. 8 have already sold. At only 4 years old, this package is bringing in $183,600 in annual rent. All units are currently at. 1800/month one at 1900. There are comps that are renting for as high as 2100/month. Tenants pay for all utilities. HOA Fee is 125/unit/year. Solar Panels have been installed on each unit (and are paid for) with EV Hookups in both garages. The Electric bills are next to nothing, saving your tenants money making them easier to rent. At 4 years old these are essentially maintenance free with no capital improvements needed in the foreseeable future. It's a great "Value-Add" opportunity by simply increasing the rents. Most tenants are long term tenants. Half of these units actually happen to back up to the water, so just great views to enjoy. There is a community common area less than 1 block away, and Subdivision park with trails, basketball and tennis courts, sledding hills, and skate park. Location is near University of Illinois and Parkland College. Leases on file. NOTE: Owner owns a total of 14 units in this SubD. They are willing to bundle and create unique packages. Ask about the other duplexes available. Owner is only selling to completely dissolve their portfolio and heading to retirement.

Listing courtesy of MRED / eXp Realty,LLC-Maho as distributed by MLS GRID

Last checked: Checking… • Last updated Dec 19, 2024 •

MLS# 12140206 —

The Building

Year Built:

2021
Rebuilt:

No
New Construction:

false
Roof:

Asphalt
Basement:

None
Exterior Features:

Patio

Interior

Rooms Total:

10

Location

Directions:

Head north on N Duncan Rd toward N Cardinal Rd Turn left onto W Cardinal Rd N Turn left onto N Staley Rd / County Hwy-57 Turn left onto Boulder Ridge Dr Arrive at Boulder Ridge Dr
Location:

95403
Location:

95131

The Property

Parcel Number:

412004422015
Property Type:

Residential Income
Lot Features:

Lake Front, Water View
Lot Size Dimensions:

84X220
Waterfront:

true
Additional Parcels:

true

Listing Agent

Contact info:

Taxes

Tax Year:

2023
Tax Annual Amount:

9620

Beds

Bedrooms Total:

6
Bedrooms Possible:

6

Baths

Baths:

6
Full Baths:

4
Half Baths:

2

The Listing

Short Sale:

Not Applicable
Special Listing Conditions:

None

Heating & Cooling

Heating:

Electric, Forced Air

Utilities

Sewer:

Public Sewer
Green Energy Efficient:

Photovoltaic/Solar System
Water Source:

Public

Schools

Elementary School:

Champaign Elementary School
Elementary School District:

4
Middle Or Junior School:

Champaign Junior High School
Middle Or Junior School District:

4
High School:

Urbana High School
High School District:

116

The Community

Community Features:

Park, Tennis Court(s), Lake, Curbs, Sidewalks

Parking

Parking Total:

4
Garage Type:

Attached
Garage Spaces:

4
Garage Onsite:

Yes

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Max Internet Speed

AT&T Fiber

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
11/8/24 Nov 8, 2024	Sold	MRED	$440,000	-2.2%
9/19/24 Sep 19, 2024	Pending	MRED	$450,000
8/16/24 Aug 16, 2024	Listed / Active	MRED	$450,000

Multifamily Sold on 11/8/2024

$440,000

Listing provided by broker:

Nate Evans

eXp Realty,LLC-Maho

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Listing courtesy of MRED, eXp Realty,LLC-Maho, and Nate Evans as distributed by MLS GRID.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Signal Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2024 Midwest Real Estate Data LLC
Information deemed reliable but not guaranteed by MLS GRID. Use of MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to MLS GRID as of Dec 19, 2024, 10:11 pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

3307 3309 Boulder Ridge Drive

Champaign, IL 61822