Closed

$330,000

508 Church Street, Champaign, IL 61820
7 Beds2 Baths2,985 sqft32 days
508 Church Street·Champaign, IL 61820
7Bedrooms
2Bathrooms
2,985Sq Ft
About This Home

Charming 7-Bedroom Renovated Home with Stable Corporate Rental Income. Located in a fantastic Champaign location, just minutes from the University of Illinois, local hospitals, and downtown, this beautifully renovated 7-bedroom, 2-bathroom home offers an incredible investment opportunity. Currently generating 3,500/month in long-term corporate rental income, this spacious home features extra-large bedrooms and ample gathering areas on both the main and second floors, ideal for both comfortable living and entertaining. Off-street parking, a large front porch with a wheelchair-accessible ramp, and a fully fenced yard that provides privacy and security. The tenant covers all utilities, with the sewer billed back at 50/month. The home is in excellent condition, with modern updates throughout, ensuring low-maintenance ownership and consistent rental income. Schedule a showing today and seize this fantastic opportunity!

MLS# 12276900Listed January 24, 2025Residential
Property Details

Beds & Baths

Total Bedrooms7
Total Bathrooms2
Full Baths2
Half Baths0
Total Rooms10

Size & Structure

Living Area2,985 sqft
Lot Size41.5 X 105.76 X 35.14 X 123.68

Location

CountyChampaign
TownshipChampaign
Zip Code61820

Financial

List Price$330,000
Price / Sq Ft$111
Annual Taxes (2023)$2,891
Monthly Tax Est.$241
Parcel #462107332012
Interior Features

Appliances

RangeMicrowaveDishwasherRefrigeratorWasherDryer

Flooring

Hardwood

Heating

Natural GasElectric

Cooling

Central Air

Basement

UnfinishedFull

Accessibility

Ramp - Main Level
Exterior & Lot

Construction

Vinyl Siding

Patio & Porch

Porch
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

GravelUnassignedOff AlleyOff StreetOn Site
HOA & Community

HOA Includes

None

Community Features

Sidewalks
Schools
Elementary
Unit 4 Of Choice
District: 4
Middle School
Champaign/Middle Call Unit 4 351
District: 4
High School
Central High School
District: 4
Tax & Financial
Annual Taxes
$2,891
Tax Year 2023
Monthly Tax Est.
$241
per month
Price per Sq Ft
$111
per square foot
Property Location

508 Church Street, Champaign, IL 61820 — Champaign County

$330,000
$111 / sqft
508 Church Street
7 bd2 ba2,985 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
32 days on market
41.5 X 105.76 X 35.14 X 123.68
$2,891/yr taxes
$1,975
estimated monthly payment
Principal & Interest
$1,734/mo
Property Tax
$241/mo
$330,000
20% — $66,000
3%50%
6.875%
3%12%
Loan Amount
$264,000
Down Payment
$66,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
RE/MAX REALTY ASSOCIATES-CHA
Agent: Daniel Gordon
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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