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

408 W Healey Street, Champaign, IL 61820

Residential Income, Champaign, IL

Property SizeContact for details
Lot Size0.20 Acres
Days on Market3

Property Features for 408 W Healey Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning LNC
Bedrooms 3
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 1, Basement, Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 3, Bathroom 3
Parking 3
Parking features Assigned, Driveway, Off Street, Owned, Off Alley
Basement Unfinished, Partial
Elementary school Unit 4 Of Choice
Middle school Champaign/Middle Call Unit 4 351
High school Central High School
Elementary school district 4
Middle school district 4
High school district 4
Directions W Healey between S Elm and S Prairie
Subdivision Champaign, Savoy
Standard status Active
APN 432013128011
Lot size 0.20 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Lot 9 Block 1 Barrett's W.C., Add
Tax Annual Amount 5605
Legal Description Lot 9 Block 1 Barrett's W.C., Add

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Water source Public

Amenities

coin-operated laundry

Building Details

Year built 1903
Building materials Shingle Siding
Roof type Asphalt
Architectural style Victorian
Listing Agency: KELLER WILLIAMS-TREC · Keller Williams Realty
Listed By: Joe Zalabak · License #475151471
Added: Aug 24 Last Checked: Aug 26 at 12:06PM
MLS# 12730963

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.

Built in 1903, this Victorian triplex contains three separate residential units. The first-floor residence includes a living room, dining room with original pocket doors, bedroom, full bathroom, and eat-in kitchen. Two upper-level efficiency units each provide one bedroom, a kitchen, and a full bathroom. The property also includes a basement with coin-operated laundry, shingle siding, an asphalt roof, natural gas heat, and public water and sewer.

Located at 408 W Healey Street in Champaign, the property is near Downtown Champaign and occupies 0.2 acres. Parking is available off street through the driveway and alley, with assigned spaces identified among the parking features. All three units are leased through July 2027, providing an established occupancy profile for the property.

Key Highlights

  • Three‑unit Victorian property built in 1903
  • All three units leased through July 2027
  • 0.2‑acre lot at 408 W Healey Street, Champaign, IL 61820

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
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Distinct residential layouts include separate kitchens and baths, basement laundry, and parking accessed from the driveway and alley.
Where is this triplex located?
The property is located at 408 W Healey Street 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: Three‑unit Victorian property built in 1903; All three units leased through July 2027; 0.2‑acre lot at 408 W Healey Street, Champaign, IL 61820
More about this property
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