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Upgraded 12-Unit Student Housing
For Sale
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403 E White St, Champaign, IL 61820

Two-bedroom apartments feature open living areas and granite countertops near the University of Illinois.

Property SizeContact for details
Days on Market143

Property Features for 403 E White St

General Information

Standard status Active
Property subtype Multifamily

Units

Unit Mix 12 x 2BR/1BA
Multifamily Units 12
Listing Agency: JSM Commercial
Listed By: Nathan Lilly · License #IL 475172395
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 29 at 1:08PM

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.

This 12-unit student housing property contains 24 beds across upgraded two-bedroom, one-bath apartments. Interior features include open living areas and granite countertops, creating a consistent residential configuration throughout the building.

The property is located at 403 E White St in Champaign, within walking distance of the University of Illinois, the Engineering Quad, and County Market. Its proximity to these destinations supports a campus-oriented housing profile while keeping everyday retail access nearby.

Key Highlights

  • 12‑unit, 24‑bed student housing property
  • Upgraded two‑bedroom, one‑bath apartment layouts
  • Open living areas with granite countertops

Property Analytics

Current Use

Apartment buildings

Suggested Use

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

Lease Details

12
Residential units

Location Intelligence

Trade Area within ½ mile

2,509
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 - Two-bedroom apartments feature open living areas and granite countertops near the University of Illinois.
Where is this apartment building located?
The property is located at 403 E White St Champaign, IL.
What are key features of this property?
This property features: 12‑unit, 24‑bed student housing property; Upgraded two‑bedroom, one‑bath apartment layouts; Open living areas with granite countertops
More about this property
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