Closed

$350,000

801 Hollycrest Drive, Champaign, IL 61821
8 Beds4 Baths17 days
801 Hollycrest Drive·Champaign, IL 61821
8Bedrooms
4Bathrooms
1971Year Built
About This Home

Don't miss out on this incredible investment opportunity! This fully leased 4-plex is a gem waiting for you. Consisting of two first-floor units and two second-floor units, each apartment has undergone recent updates, resulting in increased rental income. Conveniently situated in a central location, this property boasts easy access to multiple bus stops, making transportation a breeze for tenants. Additionally, off-street parking in the rear provides added convenience and peace of mind. The owner takes care of trash and sewer expenses, while tenants are responsible for water, power, and gas bills. Furthermore, this property allows for Airbnb/short-term rentals, offering even greater income potential. With its prime location, updated units, and solid rental history, this 4-plex presents a fantastic opportunity for savvy investors. Don't wait, seize this chance to add a lucrative asset to your portfolio!

MLS# 12009145Listed March 20, 2024Residential IncomeSubdivision: Stonegate
Property Details

Beds & Baths

Total Bedrooms8
Total Bathrooms4
Total Rooms24

Size & Structure

Year Built1971
Lot Size0.160 acres

Location

CountyChampaign
TownshipChampaign
SubdivisionStonegate
Zip Code61821

Financial

List Price$350,000
Annual Taxes (2022)$5,673
Monthly Tax Est.$473
Parcel #442015276019
Interior Features

Heating

Natural GasForced Air

Basement

Crawl Space
Exterior & Lot

Construction

BrickVinyl Siding

Roof

Asphalt

Foundation

Concrete Perimeter

Exterior Features

Balcony
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

UnassignedOff AlleyOn SiteOwned
Schools
Elementary
Champaign Elementary School
District: 4
Middle School
Champaign Junior High School
District: 4
High School
Champaign High School
District: 4
Tax & Financial
Annual Taxes
$5,673
Tax Year 2022
Monthly Tax Est.
$473
per month
Property Location

801 Hollycrest Drive, Champaign, IL 61821Champaign County

$350,000
801 Hollycrest Drive
8 bd4 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
17 days on market
0.160 acres
$5,673/yr taxes
$2,312
estimated monthly payment
Principal & Interest
$1,839/mo
Property Tax
$473/mo
$350,000
20% — $70,000
3%50%
6.875%
3%12%
Loan Amount
$280,000
Down Payment
$70,000

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

Listed by
Trautman Real Estate Agency & Appraisal LLC
Agent: PJ Trautman
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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