Four-Unit
For Sale
$274,000
403 W Columbia Avenue, Champaign, IL 61820
Residential Income, Champaign, IL
Property SizeContact for details
Lot Size0.20 Acres
Days on Market120
Property Features for 403 W Columbia Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 2, Bathroom 4, Bedroom 1, Bathroom 2, Bathroom 3, Basement, Bathroom 1, Bedroom 4, Bedroom 3
Parking
1
Parking features
Owned, Driveway
Basement
Unfinished, Full
Elementary school
Champaign Elementary School
Middle school
Champaign Junior High School
High school
Champaign High School
Elementary school district
4
Middle school district
4
High school district
4
Directions
Lot 2 Block 4 Hulings Add of Town Lots
Subdivision
Champaign, Savoy
Standard status
Active
APN
422012186006
Lot size
0.20 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
LOT 2 BLOCK 4 HULINGS ADD OF TOWN LOTS
Tax Annual Amount
2244
Legal Description
LOT 2 BLOCK 4 HULINGS ADD OF TOWN LOTS
Utilities
Sewer type
Public Sewer
Heating system
Baseboard
Water source
Public
Building Details
Year built
1898
Building materials
Aluminum Siding
Listing Agency:
KELLER WILLIAMS-TREC · Keller Williams Realty
(217) 356-6100
Listed By:
Lisa Rector · License #475146101
(217) 778-3635
Added: May 10
Changed: Sep 4
Last Checked: Sep 6 at 9:06PM
MLS# 12633761
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This quadplex contains 4 separate 1-bedroom/1-bath units, identified as Units 1, 3, 4, and 5. The 1898 building has aluminum siding, baseboard heating, a basement, and an owned driveway for parking. Public water and public sewer serve the property.
Located at 403 W Columbia Avenue in Champaign, the property is positioned near downtown, shopping, and parks. Rent increases have already been agreed upon for 3 of the 4 leases, providing an established leasing detail for review.
Located at 403 W Columbia Avenue in Champaign, the property is positioned near downtown, shopping, and parks. Rent increases have already been agreed upon for 3 of the 4 leases, providing an established leasing detail for review.
Key Highlights
- 4‑unit building with 4 1bed/1bath residences
- Units identified as 1, 3, 4, and 5
- Rent increases agreed upon for 3 of the 4 leases
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
2,031
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?
Quadplex - Four one-bedroom, one-bath residences with driveway parking and public utilities.
Where is this quadplex located?
The property is located at 403 W Columbia Avenue Champaign, IL.
What is the asking price?
The asking price for this property is $274,000.
What are key features of this property?
This property features: 4‑unit building with 4 1bed/1bath residences; Units identified as 1, 3, 4, and 5; Rent increases agreed upon for 3 of the 4 leases
