This three-unit multifamily house is an excellent investment opportunity for anyone looking to expand their portfolio. The first-floor unit features 2 bedrooms and 2 bathrooms, while there are two 1-bedroom, 1-bathroom units on the second floor. The property boasts a strong rental history and is currently fully leased until the end of July 2026. Conveniently located in central Champaign, it offers easy access to downtown and the surrounding CU community. Additionally, there is a common laundry area in the basement accessible to all three units. This property will be sold as part of a package with other investment properties.
Active
$289,900
311 W Columbia Ave, Champaign, IL 61820
4beds
--sqft
Est.:
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Common laundry area
- 14 days
- on Zillow |
- 677 |
- 25 |
Zillow last checked: 7 hours ago
Listing updated: April 17, 2025 at 07:22am
Listing courtesy of:
Jill Hess 217-417-8177,
RE/MAX Choice
Source: MRED as distributed by MLS GRID,MLS#: 12331587

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Natural Gas, Forced Air
Features
- Basement: Unfinished,Full
Property
Parking
- Total spaces: 3
- Parking features: On Site, Other
Lot
- Size: 7,392 Square Feet
- Dimensions: 56 X 132
Details
- Parcel number: 422012254001
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
Condition
- New construction: No
- Major remodel year: 2017
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Champaign
Financial & listing details
- Tax assessed value: $118,080
- Annual tax amount: $2,787
- Date on market: 4/12/2025
- Ownership: Fee Simple
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