512 W CLARK Street Champaign, IL $ 325,000
512 W CLARK Street
$ 325,000
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512 W CLARK Street

Champaign, IL, 61820
$ 325,000
Bedrooms5 Baths2.0 Sq 3,291

Monthly Estimate*

$ 2,160

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Multi-Family Home for sale in Champaign, IL

for $325,000 with 5 bedrooms and 2 full baths. This 3,291 square foot home was built in 1900.

This "Dutch Colonial Revival" home features 5 bedroom, 2 full baths, a multi-unit income property. There are separate entries and multi meters. 2 Bedrooms and 1 Bath on the first level, 3 bedrooms, 1 bath and kitchen on the second level and Recreation/Studio on the third level. Beautiful woodwork and Hardwood floors throughout. Entire house is leased until the end of 2024 and will be sold subject to that lease. Zoned for nine apartments, three stories with access from two streets on the corner and a public alley at the rear. Great location just three blocks from the thriving downtown scene where "Friday Night Live" happens throughout the summer. Convenient to shopping, coffee, medical, restaurants, etc. INVESTORS NOTE: 2024 income - $3250 per month plus utilities. Cash on cash +8% return on investment after taxes and insurance with upside. Can be leveraged.

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Multi-Family Active

Price

$ 325,000

Bedrooms

5

Full Bath

2

Property Type

Multi-Family

Taxes

$ 6,037

Style

Colonial

Year Built

1900

Town/City

Champaign

County/Region

Champaign

MLS | Web ID

12022857

Features
General
Sewer Public Sewer
Heating Natural Gas Electric Forced Air Baseboard
Possession Closing
Zoning MULTI
Architectural Style Colonial
Year Built 1900
Township Champaign
Tax Year 2022
Percent Ownership Fee Simple
County Champaign
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 10
Status Active
Directions Prospect turn East on Clark st.
High School Central High School
City Champaign
High School District 4
MLS Area Champaign Savoy
Waterfront Y/N N
Street Name CLARK
Elementary School Unit 4 Of Choice
Tax Annual Amount 6037.04
Middle/Junior High School Champaign/Middle Call Unit 4 351
Additional Parcels Y/N N
Days on Market 29
Standard Status Active
Middle/Junior School District 4
Elementary School District 4
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Interior
Basement Partial Unfinished
Street Suffix Street
Total Bedrooms 5
Total Baths 2
Bedrooms Possible 5
Full Baths Building 2
Half Baths Building 0
Total Number of Units 2
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Exterior
Parking Features Off Alley
Lot Features Corner Lot
Water Source Public
Total Parking 4
Foundation Details Block
Lot Dimensions 66X132
Exterior Vinyl Siding
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* Excluded Features
List By
Coldwell Banker R.E. Group

Broker

dgauze@coldwellhomes.com

Email

Affordability Calculator

$2,663
Per Month
81%
19%
0%
Monthly Principal & Interest
$2,160
Monthly Property Taxes
$503
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2517267 Elementary School
2517266 Middle School
Central High School High School
Pricing History
DatePricePrice ChangeDescription
4/7/2024$325,000 Listed Price

Map


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512 W CLARK Street, Champaign, IL, 61820 is a Multi-Family Home for sale at $325,000 with 3,291 sqft. 512 W CLARK Street has 5 bedrooms, 2.0 baths, and was built in 1900. The property's zip code is 61820 which is in Champaign, IL