This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
204 E Clark St
Champaign, IL 61820
204 E Clark · Multifamily Property For Sale
·
23 Units
PROPERTY FACTS
| No. Units | 23 | Lot Size | 0.40 AC |
| Property Type | Multifamily | Building Size | 19,353 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1977 |
| Building Class | C | Parking Ratio | 2.38/1,000 SF |
| Zoning | MF Univ | ||
| No. Units | 23 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.40 AC |
| Building Size | 19,353 SF |
| No. Stories | 3 |
| Year Built | 1977 |
| Parking Ratio | 2.38/1,000 SF |
| Zoning | MF Univ |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Furnished Units Available
- Online Services
ABOUT 204 E CLARK ST , CHAMPAIGN, IL 61820
Deals like this rarely hit the open market. This solid masonry building consists of 23 total units with uncommonly spacious bed and living rooms. 16 large, two bedroom apartments. Six open concept two-level loft apartments. One, Three-bed 2-bath apartment. This building has a past history of 100% occupancy. However, you may renovate units with ease, as this building is currently 61% occupied after a 2018 management change. Will provide rent rolls, financials, etc. after proof of funds is shown. This sale includes two parcels: 472107355028(building site), 472107355027(additional parking). Zoning for both parcels is MF-University District, which allows for buildings as tall as 75'. The parking lot would make a prime development location along the edge of the scenic Boneyard Corridor.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 6 | $775.00 | 600 |
| 2+1 | 16 | $762.50 | 750 |
| 3+2 | 1 | $912.50 | 800 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $334,870 | |
| Land Assessment | $342,630 | Total Assessment | $677,500 |
PROPERTY TAXES
