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Victorian Triplex with Off-Street Parking
New
For Sale
$220,000

408 W Healey St, Champaign, IL 61820

Three leased units offer varied layouts, private kitchens, full baths, and basement laundry access.

Property SizeContact for details
Days on Market5

Property Features for 408 W Healey St

General Information

Standard status Active
Property subtype Multi-Family
Occupancy 100%

Additional Details

Multifamily Units 3

Amenities

coin-operated laundry

Building Details

Year Built 1903
Construction Victorian-style
Listing Agency: Lpt Realty
Listed By: Bobby Grilli
Source: Grillimurphyrealestate
Added: Aug 25 Changed: Aug 28 Last Checked: Aug 28 at 2:45PM

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 Lpt Realty

Investment Insights

Based on property information with market context.

Built in 1903, this Victorian-style triplex contains three separate residential units. The first-floor residence includes a living room, dining room with original pocket doors, one bedroom, a full bath, and an eat-in kitchen. Two upper-level one-bedroom efficiency apartments each add a kitchen and full bathroom. The exterior has been freshly painted, while the basement provides coin-operated laundry facilities.

Off-street parking is available through both the driveway and alley. All three apartments are leased through July 2027, supporting immediate occupancy across the property. The building is located near Downtown Champaign.

Key Highlights

  • 1903‑built Victorian‑style triplex with three residential units
  • First‑floor unit includes living room, dining room, one bedroom, full bath, and eat‑in kitchen
  • Two upper units are one‑bedroom efficiencies with kitchens and full baths

Property Analytics

Current Use

408 E Healey Real Estate Agency

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Storage Facility Pet Grooming Service Auto Parts Store Tanning Salon

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

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

2,274
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?
Triplex - Three leased units offer varied layouts, private kitchens, full baths, and basement laundry access.
Where is this triplex located?
The property is located at 408 W Healey St Champaign, IL.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: 1903‑built Victorian‑style triplex with three residential units; First‑floor unit includes living room, dining room, one bedroom, full bath, and eat‑in kitchen; Two upper units are one‑bedroom efficiencies with kitchens and full baths
More about this property
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