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Student Housing Apartment Building
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201 E Healey St, Champaign, IL 61820

Upgraded student housing with finished interiors and convenient access to campus destinations.

Property SizeContact for details
Days on Market144

Property Features for 201 E Healey St

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: JSM Commercial
Listed By: Nathan Lilly · License #IL 475172395
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 4:33AM

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 JSM Commercial

Investment Insights

Based on property information with market context.

Located at 201 E Healey St in Champaign, this 15-unit student housing property provides 50 beds in an apartment-style configuration. Interior improvements include vinyl plank flooring, granite countertops, and Smart TVs, giving the units updated finishes and resident-oriented features.

The property is within walking distance of the University of Illinois, including the Engineering Quad. County Market and Green Street are also nearby, supporting convenient access to everyday shopping and campus-area destinations.

Key Highlights

  • 15‑unit student housing property with 50 beds
  • Within walking distance of the University of Illinois
  • Walking distance to the Engineering Quad

Property Analytics

Current Use

AOM Limited Business Management Consultant

Suggested Use

Top Pick Electrical Service Grocery & Convenience Store Auto Parts Store Pet Grooming Service (Bike/Boat/Book/etc) Store Nursing Home

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

Location Intelligence

Trade Area within ½ mile

3,373
Businesses Nearby

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

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

What type of property is this?
Apartment building - Upgraded student housing with finished interiors and convenient access to campus destinations.
Where is this apartment building located?
The property is located at 201 E Healey St Champaign, IL.
What are key features of this property?
This property features: 15‑unit student housing property with 50 beds; Within walking distance of the University of Illinois; Walking distance to the Engineering Quad
More about this property
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