7 Villard Court #7, Champaign, IL 61820
Local realty services provided by:ERA Naper Realty
7 Villard Court #7,Champaign, IL 61820
$135,000
- 3 Beds
- 2 Baths
- 700 sq. ft.
- Condominium
- Active
Listed by: timothy leyhe
Office: the real estate firm llc.
MLS#:12680370
Source:MLSNI
Price summary
- Price:$135,000
- Price per sq. ft.:$192.86
About this home
Looking for a rental property with income already in place? This historic Champaign zerolot offers immediate cash flow and a strong rental history in a location just minutes from downtown Champaign, the University of Illinois, shopping, and restaurants. The main floor features 1 bedroom and 1 full bathroom, while the full finished basement provides a second full bathroom and 2 additional bedrooms, creating a functional layout that maximizes rental potential. Recent improvements include interior updates and the addition of central air conditioning. Whether you're a seasoned investor or looking to purchase your first income-producing property, this is an easy addition to a portfolio with a tenant already in place and producing income from day one. Property is being offered in conjunction with 1912 Southwood Drive (MLS #12680278). The properties may be purchased separately; however, both transactions must close on the same day to accommodate the seller's 1031 exchange requirements. Buy one or buy both, but don't miss the opportunity to add a pair of cash-flowing rental properties to your investment portfolio. Current Tenant pays $1580, and all utilities except owner pays sewage ($25 every 2 months). Tenant will extend their lease in August for another year. Furnace and water heater are 1 year old, newer appliances including washer/dryer. No HOA....
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Home facts
- Year built:1927
- Listing ID #:12680370
- Updated:July 01, 2026 at 11:17 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:6
- Basement Description:Finished, Full
- Living area:700 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air, Natural Gas
- Central air:Yes
Structure and exterior
- Year built:1927
- Building area:700 sq. ft.
Schools
- High school:Champaign High School
- Middle school:Champaign Junior High School
- Elementary school:Champaign Elementary School
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$135,000
- Price per sq. ft.:$192.86
- Tax amount:$2,256 (2024)
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