403 W Columbia Avenue, Champaign, IL 61820
- Added:
- May 10, 2026
- Days on Market:
- 49
- Last Refresh:
- Jun 27 at 12:06 am
Property Features for 403 W Columbia Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bedroom 1, Bedroom 3, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 4, Basement, Bedroom 2
- Parking
- 1
- Parking features
- Owned, Driveway
- Basement
- Full, Unfinished
- 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
Utilities
- Sewer type
- Public Sewer
- Heating system
- Baseboard
- Water source
- Public
Building Details
- Year built
- 1898
- Building materials
- Aluminum Siding
Listing agent Lisa Rector License #475146101 (217) 356-6100
Listing office KELLER WILLIAMS-TREC 2441 Village Green Place, Champaign, IL (217) 356-6100
Listing date May 10, 2026
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.
HighLights
- 4‑unit multi‑family building with four 1‑bedroom, 1‑bath units
- Rent increases already agreed upon for 3 of the 4 leases
- Units are numbered 1, 3, 4, and 5
- Built in 1898 with aluminum siding
- Baseboard heating
- Public water and public sewer
Overview
Situated in Champaign, the location offers proximity to downtown, shopping, and parks, supporting long-term tenant appeal. With multiple active leases, the building provides an investment structure that benefits from diversification across units.
The mix of four separate 1-bedroom units can fit a range of investor strategies focused on steady cash flow and manageable operations. Rent increases on three of the four leases have already been agreed upon, which may support growth from current income levels. Overall, this is a practical option for buyers looking to add a compact multifamily asset to a portfolio.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Champaign
- County
- Champaign
- State
- Illinois
- Longitude
- -88.248965
- Latitude
- 40.120881
