405 Lynn St Champaign, IL 61820

This mixed-use, multifamily property located at 405 N Lynn St, Champaign, IL 61820, presents a compelling investment opportunity. The 2,043 square foot, two-story home, built in 1903, offers four bedrooms and two bathrooms, making it ideal for student housing or a single-family rental portfolio. The main level features a living area, kitchen with modern appliances, and bedrooms. A unique feature is the expansive third-floor attic loft, offering versatile space for various uses. A detached three-car garage provides ample storage or workshop space. An unfinished basement offers additional storage potential or room for future development. The property's location in Champaign provides convenient access to local amenities, schools, and parks. The asking price is $250,000. This property offers a blend of classic charm and modern convenience, presenting strong rental potential in a desirable location. The property is categorized as both a single-family rental portfolio and student housing, offering flexibility for investors. Its size and features make it an attractive option for those seeking a multi-unit investment in a thriving Illinois market. The property's strong location and versatile space make it a promising investment opportunity.