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506 W William Street , Champaign, IL 61820

$225,000
  • 506 W William Street , Champaign, IL 61820 Main Photo

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New to the Market New
BEDS3 BATHS2 full MLS#12650535
STATUSNew PROPERTY TYPEMulti Unit - Multiple SCHOOLDistrict 4

Property Description

Located in an established Champaign neighborhood near downtown and the University of Illinois, 506 W William St. is a duplex investment opportunity offering strong rental potential and future upside. The property features a main-level two-bedroom, one-bath unit and an upper-level studio apartment with approximately 1,282 square feet of living space, a full basement, covered porches, central air conditioning, and a detached one-car garage with additional off-street parking. Current rents are below market, creating value-add potential for future ownership. This property would work well as an investment property or future owner-occupied opportunity in a strong rental location.

506 W William Street | MLS# 12650535

This multi-family property located at 506 W William Street , Champaign, IL 61820 is currently listed for sale with an asking price of $225,000. W William Street is located within the District 4 school district. Search Champaign real estate on aleiva.gogambino.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Unfinished, Full
Basement: Yes
Garage: 1
Heating: Natural Gas
Home Style: Traditional
Lot Size: 0.09 Acres
Taxes: $4,279
Year Built: 1923

Feature Descriptions

Exterior: Vinyl Siding
Lot Dimensions: 68x56
Parcel#: 432013177026
Parking: Yes, Garage Owned, Detached, Off Street, Driveway, Owned, Garage
Sewer: Public Sewer
Total Rooms: 9
Township: Champaign
Water: Public

Local Schools

High School: Champaign High School
Middle School: Champaign Junior High School
Elementary School: Champaign Elementary School
School District: District 4

Listed By / Shown By

Listed By

Agency Name: Trautman Real Estate Agency & Appraisal LLC
Agency Phone: 217-888-8585

Shown By

Agent Name: Angie Leiva
Agent Phone: (815) 742-6010
Agency Title: Gambino Realtors

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Estimated Payment

$ 1,444.23 per month $1,022.02 Principal & Interest $356.58 Property Tax $65.63 Homeowner's Insurance

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