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1801 West John St Champaign, IL 61821

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For Sale
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45-unit townhome community near the University of Illinois.

Building Details

Year built
1965

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Listing Contact
Dan Wiele
Source: Nmrk

Listing Agent: Dan Wiele

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Spacious Townhomes Near University

Westbury Townhomes is a 45-unit community featuring spacious three-bedroom, 1.5-bath townhomes. Constructed in 1965, the property maintains 100% occupancy as of September 2025. Each residence includes a full unfinished basement and in-unit washer and dryer. Residents benefit from 24-hour emergency maintenance, convenient on-site parking, and a pet-friendly environment. The property is located less than three miles from the University of Illinois at Urbana-Champaign, which enrolled a record 60,000 students in the fall of 2025 and is ranked No. 12 among public universities in the U.S. by the U.S. News & World Report for 2025-2026. Westbury Townhomes offers a proven value-add opportunity. Current ownership has proven a $175 increase on an outdated renovation package completed years ago. Current comps support renovating the entirety of Westbury Townhomes to achieve rents in line with market and a $262 / unit / mo increase above the average in place rents.
Location Intelligence

Current Use by Public Records

Westbury Townhomes Apartment Complex

Suggested Use

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

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

Location Insight

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  • Local Demand
City
Champaign
County
Champaign
State
Illinois
Longitude
-88.2769288
Latitude
40.1088443

FAQs

What type of property is this?
Apartment building - 45-unit townhome community near the University of Illinois.
Where is this apartment building located?
The property is located at 1801 West John St Champaign, IL.
What are key features of this property?
This property features: - Strong day one yield with a tax and expense adjusted cap rate over 7.5%.; - Proven rental premiums with potential for a $262/unit/month increase through renovations.; - 100% occupancy as of September 2025, indicating high demand.
More about this property
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