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Multifamily Property with Rear Efficiency
New
For Sale
$225,000

212 W John St, Champaign, IL 61820

The two-story main residence includes six bedrooms, two kitchens, and shared laundry space.

Property SizeContact for details
Days on Market7

Property Features for 212 W John St

General Information

Standard status Active
Property subtype Multi-Family

Building Details

Year Built 1947
Listing Agency: RE/MAX Choice
Listed By: Craig Buchanan Team
Source: Craigbuchananteam
Added: Sep 29 Changed: Oct 4 Last Checked: Oct 4 at 9:33AM

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 RE/MAX Choice

Investment Insights

Based on property information with market context.

Built in 1947, the two-story main residence has six bedrooms, two kitchens, two full bathrooms, and a shared laundry area. One kitchen is upstairs and remains unfinished. Recent interior updates include carpet, paint, and lighting; some electrical work and additional finishing remain. The basement apartment was cleared after a fire and needs completion. A separate rear efficiency unit has a living room/bedroom, small kitchen, bathroom, and closet.

The property also includes a two-car garage and four electric meters. Window air-conditioning units are in use, with a prior connection to central air, and heating is provided by electric baseboards.

Key Highlights

  • Six‑bedroom, two‑story main residence with two kitchens and two full bathrooms
  • Separate rear efficiency with living room/bedroom, small kitchen, bathroom, and closet
  • Basement apartment requires completion after being cleared following a fire

Property Analytics

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Current Use

Multifamily properties

Suggested Use

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

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

2,130
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Multifamily property - The two-story main residence includes six bedrooms, two kitchens, and shared laundry space.
Where is this multifamily property located?
The property is located at 212 W John St Champaign, IL.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Six‑bedroom, two‑story main residence with two kitchens and two full bathrooms; Separate rear efficiency with living room/bedroom, small kitchen, bathroom, and closet; Basement apartment requires completion after being cleared following a fire
More about this property
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