508 W Columbia Avenue
Champaign, IL 61820
- 7 beds
- 4 baths
- – sqft
- 8,712 sqft lot
- – on site
This three-unit multifamily house is a great opportunity for an investor looking to expand their portfolio. All units have been recently remodeled and include a 3-bedroom/2-bath, a 3-bedroom/1-bath, and a 1-bedroom/1-bath within a two-story converted house. The property boasts an impressive rental history and is currently fully leased through July 2026. There are laundry facilities located in the basement for use by all tenants. Conveniently situated in central Champaign, it offers easy access to downtown and the surrounding CU community.
Last checked:
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Last updated Apr 13, 2025
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MLS# 12331581 —
The Building
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Rebuilt:No
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New Construction:false
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New Construction:No
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Construction Materials:Vinyl Siding
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Basement:Partially Finished, Full
Interior
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Rooms Total:17
Location
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Directions:East on Columbia Ave from Prospect Ave. House is on the north side of the street between Lynn and Elm St.
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Location:95060
The Property
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Parcel Number:422012180013
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Property Type:Residential Income
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Lot Size Dimensions:66 X 132
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (217) 417-8177
Taxes
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Tax Year:2022
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Tax Annual Amount:3599
Beds
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Bedrooms Total:7
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Bedrooms Possible:7
Baths
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Baths:4
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Full Baths:4
The Listing
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Special Listing Conditions:None
Heating & Cooling
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Heating:Natural Gas, Forced Air
Utilities
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Sewer:Public Sewer
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Water Source:Public
Schools
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Elementary School:Champaign Elementary School
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Elementary School District:4
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Middle Or Junior School:Champaign/Middle Call Unit 4 351
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Middle Or Junior School District:4
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High School:Central High School
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High School District:4
Parking
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Parking Total:3
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Parking Features:On Site, Owned
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
4/11/25
Apr 11, 2025
|
Listed / Active | MRED | $275,000 | 29.9% |
|
12/20/24
Dec 20, 2024
|
MRED | $211,666 | -20.1% | |
|
11/8/24
Nov 8, 2024
|
MRED | $265,000 |
