1013 W Church St 6 Unit Apartment Building $214,900 ($35,817/Unit) Champaign, IL 61821

1013 W Church Street presents an opportunity to acquire a six-unit multifamily asset in central Champaign, Illinois. The property benefits from a location between the University of Illinois campus, downtown Champaign, and the Prospect Avenue commercial corridor, placing residents near major employment, education, dining, retail, and entertainment destinations. This central setting supports ongoing rental demand from students, faculty, professionals, and local residents seeking convenient access to the city's primary activity centers.
The building contains a mix of two one-bedroom units and four efficiency studio units, with each unit featuring a kitchen and full bathroom. Utilities are separated into multiple meters, providing operational flexibility for ownership. Additional improvements include an unfinished basement that can be utilized for storage and a detached two-car garage. The property's established residential use and unit mix create an opportunity for investors seeking an income-producing asset within a mature urban neighborhood.
Champaign serves as the home of the University of Illinois Urbana-Champaign, one of the region's largest economic drivers, supporting a diverse employment base that includes education, healthcare, research, technology, and professional services. The property's proximity to campus, downtown amenities, and major transportation corridors enhances accessibility for tenants while positioning the asset within a well-established residential market.
The combination of multiple residential units, central location, and proximity to key demand generators offers investors an opportunity to acquire a multifamily property within one of Champaign's most active rental markets.