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Champaign Multifamily Property For Sale
For Sale
Under Contract
$239,900

1011 W CHURCH Street, Champaign, IL 61821

MULTI_FAMILY - Champaign, IL

Lot Size0.22 Acres
Days on Market115

Property Features for 1011 W CHURCH Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 3, Bathroom 4, Bedroom 3, Bathroom 1, Basement, Bedroom 1, Bedroom 2, Bedroom 4, Bathroom 2
Basement Full, Unfinished
Subdivision Assessors
Elementary school Champaign Elementary School
Middle school Champaign Junior High School
High school Central High School
Elementary school district 4
Middle school district 4
High school district 4
Directions From Prospect, west on Church to property on South Side of Church
Standard status Active Under Contract
APN 422011430004
Lot size 0.22 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description EAST PART OF LOT 9 AND WEST PART OF LOT 8 ASSESSOR SUBDIVISION
Tax Annual Amount 4925
Legal Description EAST PART OF LOT 9 AND WEST PART OF LOT 8 ASSESSOR SUBDIVISION

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Forced Air, Natural Gas, Heat Pump (Heating)
Water source Public

Building Details

Building materials Aluminum Siding
Roof type Asphalt
Listing Agency: KELLER WILLIAMS-TREC · Keller Williams Realty
Listed By: Mark Panno · License #475164947
Added: Apr 7 Changed: Jul 30 Last Checked: Jul 30 at 2:06PM
MLS# 12608577

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This four-unit multifamily property is located in Champaign, Illinois. Each of the four units features one bedroom, one full bathroom, and a full kitchen. The property has undergone several updates between 2016 and 2020, including the installation of heat pump mini-split systems in each unit, updated flooring, and remodeled bathrooms and kitchens. The property is zoned MF2, offering redevelopment potential. Strong rents are currently being achieved. The lot size is 0.22 acres.

Key Highlights

  • 4‑unit property with four 1‑bedroom units, each with a full kitchen and 1 full bathroom
  • Many updates completed between 2016‑2020, including remodeled kitchens and bathrooms and updated flooring
  • Heat pump mini‑split systems for each unit, plus forced‑air and natural gas heating reported

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick HVAC Service Electrical Service Nail Salon (Bike/Boat/Book/etc) Store Barber Shop Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

894
Businesses Nearby

Demographics for 61821, IL

29,057
Population
13,751
Households
2.1
Avg Household Size
36
Median Age
50%
College-Educated
95%
High-School Grad
7.7 sq mi
ZIP Area
3,774
Density / Sq Mi
$69,284
Median Household Income
$40,225
Median Earnings
$1,001
Median Rent
$174,800
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Four-unit property with updates and redevelopment potential in Champaign, IL.
Where is this quadplex located?
The property is located at 1011 W CHURCH Street Champaign, IL.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: 4‑unit property with four 1‑bedroom units, each with a full kitchen and 1 full bathroom; Many updates completed between 2016‑2020, including remodeled kitchens and bathrooms and updated flooring; Heat pump mini‑split systems for each unit, plus forced‑air and natural gas heating reported
More about this property
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