613 W Church ST, Champaign, IL 61820
613 W Church ST, Champaign, IL 61820
613 W Church ST, Champaign, IL 61820
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$339,000
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8,276 Sqft Lot
Price Dropped by $76K

613 W Church ST Champaign, IL 61820

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John Barnak III

John Barnak III

+1(630) 439-6385

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12551294

Year Built 1890

Annual Tax Amount $5,868

Tax Year 2024

Lot Size 8,276 Sqft

Lot Dimensions 60X139

Property Sub-Type Multi Family 5+

Property Description

Turnkey 9-Unit Investment Property with Proven Income - Champaign, IL Strategically located near Downtown Champaign, Westside Park, and adjacent to Champaign Central High School, this fully renovated 9-unit building offers immediate, stable cash flow backed by documented performance. The property consists of six SRO units and three studio apartments, each featuring a private bathroom, creating an efficient, high-demand unit mix that supports consistent occupancy. The asset produced $56,400 in gross income over the past 12 months (~$4,700/month average collected), with current leases supporting $5,400/month at full occupancy following completion of all renovations in 2024. This is not a projection; repairs and leasing adjustments are complete, positioning the next owner to step into stabilized operations. Recent capital improvements include major roof repairs, new electric water heater, updated kitchenettes and bathrooms, fresh interior paint, secure electronic entry locks, camera systems, and the addition of an on-site laundry room already in service. Separate electric meters further streamline management and expense control. This is an ideal opportunity for investors seeking a true turnkey, workforce-housing asset with durable demand, modernized systems, and immediate income in one of Champaign's most accessible rental locations.

Location

State IL

County Champaign

Area Champaign, Savoy

Zoning MULTI

Interior

Cooling Window Unit(s)

Fireplace N

Building

Dwelling Type Multi Family 5+

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Mario Reyes of  eXp Realty-Champaign 

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John Barnak III

John Barnak III

Broker License ID: 471019889

+1(630) 439-6385

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613 W Church ST

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