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Off market
  • $103,600

    1407 N Neil St, Champaign, IL 61820

    4beds
    1,330sqft
    SingleFamily
    Built in 1952
    -- sqft lot
    $103,600 Zestimate®
    $78/sqft
    $1,499 Estimated rent

    What's special

    INVESTOR ALERT! Rather you are a first-time buyer or investor. This is a double triple your money property! Almost 8,000 sq ft lot Should allow for at least 4, 1200 sq ft. 2 story apartments! With a simple permit! That abandoned building and lots across the street are in the final stages of being rezoned to Commercial General. The owner is tearing it down putting up a strip mall with a restaurant and apartments on top. I know because I owned it, sold it. I almost sold it to Starbucks! So you can't afford the house you deserve. But you know you will someday! This is your chance! Owner financing is available to qualified buyers with the right down payment! U of I adding 10,000 students a year! Not to mention part of the gateway to downtown and Neil st corridor project! This location is between the mall and campus! OR buy a few lots and build a skyscraper! Nice starter home or rental. Newer roof furnace and central air. The mudroom is also a laundry room with washer dryer hookups. Has a good layout. Right off of 74 on Neil st. Zoned multi-family. With a huge lot! Someday someone is going to want to tear this block down and rebuild! Make it You! Or hold it till you get the right, ring the cash register price! No rezoning is required! You can tear this puppy down and put up a monster! So huge upside potential. I will be posting on LoopNet next week. So don't delay! I mean look at University ave those lots went for hundreds of thousands of dollars. So live here or rent out and give it time, The house is in good mechanical working order. Do your research look at 1411 n Neil st. Look it up right here on Zillow. Sold February this year $720k two houses north of this house. Same zoning. I have multiple friends that own property on this street. They are not selling until the price is much higher. The hockey rink will happen someday! Give me a call or text 1 (217) 898-1508 WE pay 3% buyers' realtor commission! NO hassles!

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 1
    • Full bathrooms: 1
    Heating
    • Forced air, Gas
    Cooling
    • Central, Other
    Appliances
    • Included: Dryer, Washer
    • Laundry: Hookups
    Features
    • Flooring: Tile, Carpet, Hardwood
    Interior area
    • Total interior livable area: 1,330 sqft

    Property

    Parking
    • Parking features: Off-street
    Details
    • Parcel number: 412001457012

    Construction

    Type & style
    • Home type: SingleFamily
    Condition
    • Year built: 1952

    Community & neighborhood

    Location
    • Region: Champaign

    Other

    Other facts
    • Cooling System: Air Conditioning
    • Garbage not included in rent
    • Laundry: Hookups
    • Laundry: In Unit
    • Sewage included in rent
    • Small Dogs Allowed
    • WD Hookup
    Services availability
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