32-Unit Apartment Building with
For Sale
$5,000,000
11 East Columbia Avenue, Champaign, IL 61820
Downtown building offers secure access, covered parking, and in-unit laundry.
Property Size7,564 SF
Price / SF$661.03
Days on Market519
Property Features for 11 East Columbia Avenue
General Information
Standard status
Active
Size
7,564 SF
Property subtype
Multi Family 5+ / Corridor-Exterior Entrance
Zoning
MULTI
Net Operating Income
$345,810
Taxes and HOA fees
Annual Taxes
$116,578
Building Details
Year Built
2014
Stories
5
Listing Agency:
Green Street Realty
(217) 356-8750
Listed By:
Shannon Collins · License #475178418
(217) 356-8750
Source:
Compass
Added: Apr 1, 2025
Changed: Aug 30
Last Checked: Aug 30 at 8:27AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Green Street Realty
Investment Insights
Based on property information with market context.
Constructed in 2014, this five-story apartment building contains 32 units within 7,564 square feet. The property features Spanish Colonial-inspired design elements, including 14-foot ceilings, hardwood floors, granite window sills, and Juliet balconies. Residential amenities include in-unit laundry, full appliance packages, and high-speed internet.
The building provides covered parking, secured entry, and a five-stop Kone elevator. Located at 11 East Columbia Avenue in Downtown Champaign, the property is near restaurants, nightlife, and shopping. MULTI zoning supports its multifamily configuration.
The building provides covered parking, secured entry, and a five-stop Kone elevator. Located at 11 East Columbia Avenue in Downtown Champaign, the property is near restaurants, nightlife, and shopping. MULTI zoning supports its multifamily configuration.
Key Highlights
- 32‑unit, 5‑story apartment building completed in 2014
- 7,564‑square‑foot multifamily property in Downtown Champaign
- 14' ceilings, hardwood floors, granite window sills, and Juliet balconies
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,989
Businesses Nearby
Explore this area
Business Placement
Demographics for 61820, IL
40,822
Population
18,672
Households
2.2
Avg Household Size
25
Median Age
55%
College-Educated
93%
High-School Grad
5.9 sq mi
ZIP Area
6,919
Density / Sq Mi
$31,031
Median Household Income
$14,828
Median Earnings
$1,077
Median Rent
$175,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Downtown building offers secure access, covered parking, and in-unit laundry.
Where is this apartment building located?
The property is located at 11 East Columbia Avenue Champaign, IL.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: 32‑unit, 5‑story apartment building completed in 2014; 7,564‑square‑foot multifamily property in Downtown Champaign; 14' ceilings, hardwood floors, granite window sills, and Juliet balconies
