Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1604 Kirk Ln Champaign, IL 61821

    For Sale
    $185,000

    Residential Income - Champaign, IL

    Days on Market:
    12
    Last Refresh:
    Dec 6 at 4:06 pm

    Property Features for 1604 Kirk Ln

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 1, Bedroom 2
    Bedrooms
    2
    APN
    412002406001
    Parking
    2

    Utilities

    Heating system
    Steam

    Building Details

    Year built
    1967
    Architectural style
    Other

    The Real Estate Group LLC (217) 898-9204 [email protected]

    Listing agent Carol Meinhart (217) 898-9204 License #475127814

    Listing date Nov 25, 2025

    MLS# 12452459 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Champaign Residential Income Opportunity

    This residential income property in Champaign, Illinois, presents an investment opportunity with a history of strong rental income. The property includes two to four units, each featuring two bedrooms and one bathroom. The units offer a functional layout and a spacious living area. A nice-sized yard is included with the property. The location is convenient to shopping, dining, and public transportation. This leased property offers comfort for tenants and long-term value for owners.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Champaign
    County
    Champaign
    State
    Illinois
    Longitude
    -88.2656263
    Latitude
    40.1317174

    Nearby Similar for Sale

    • $3,850,000
      22,052 SF

      Historic Downtown Champaign Mixed-Use Building

      Historic mixed-use building in downtown Champaign with retail, office, residential.
      41 E University Ave, Champaign, IL 61820
      View Details
    • $1,250,000
      10,440 SF

      Commercial Property with Residential Home

      10-acre commercial property with income, residential home, expansion potential.
      3612 W Bloomington Rd, Champaign, IL 61822
      View Details
    • $2,750,000
      Pending

      Turnkey Storage Business Opportunity

      Successful, recently expanded storage business with four commercial buildings.
      2713 Hundman Dr, Champaign, IL 61822
      View Details
    • $999,900
      8,628 SF

      Bi-Level Retail Facility For Sale

      Standalone retail facility on a prime out lot of Market Place Mall.
      6 Convenience Center Rd, Champaign, IL 61820
      View Details
    • $698,000
      5,700 SF

      Commercial Building Near Major Intersection

      Retail, office, and warehouse space near high-traffic area.
      909 W Bloomington Rd, Champaign, IL 61821
      View Details
    • $6,400,000
      28,960 SF

      Multifamily Investment Near Campus

      Value-add multifamily property with 29 units and 85 beds.
      1007 S Locust St, Champaign, IL 61820
      View Details

    FAQs

    What type of property is this?
    Duplex - Residential income property with strong rental history near amenities.
    Where is this duplex located?
    The property is located at 1604 Kirk Ln Champaign, IL.
    What is the asking price?
    The asking price for this property is $185,000.
    What are key features of this property?
    This property features: - Strong rental history provides steady income for investors.; - Two to four units offer multiple income streams.; - Convenient location near shopping, dining, and public transportation.
    (217) 898-9204
    Request Owner's contact information
    1604 Kirk Ln Champaign, IL 61821
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1604 Kirk Ln
    Champaign, IL 61821
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1604 Kirk Ln Champaign, IL 61821
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.