This three-unit multifamily house is a great opportunity for an investor looking to expand their portfolio. All units have been recently remodeled and include a 3-bedroom/2-bath, a 3-bedroom/1-bath, and a 1-bedroom/1-bath within a two-story converted house. The property boasts an impressive rental history and is currently fully leased through July 2026. There are laundry facilities located in the basement for use by all tenants. Conveniently situated in central Champaign, it offers easy access to downtown and the surrounding CU community.
Active
$275,000
508 W Columbia Ave, Champaign, IL 61820
7beds
--sqft
Est.:
Multi Family
Built in ----
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Laundry facilities
- 14 days
- on Zillow |
- 1,005 |
- 65 |
Zillow last checked: 7 hours ago
Listing updated: April 17, 2025 at 07:21am
Listing courtesy of:
Jill Hess 217-417-8177,
RE/MAX Choice
Source: MRED as distributed by MLS GRID,MLS#: 12331581

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Natural Gas, Forced Air
Features
- Basement: Partially Finished,Full
Property
Parking
- Total spaces: 3
- Parking features: On Site, Owned
Lot
- Size: 8,712 Square Feet
- Dimensions: 66 X 132
Details
- Parcel number: 422012180013
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
Condition
- New construction: No
- Major remodel year: 2022
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Champaign
Financial & listing details
- Tax assessed value: $127,290
- Annual tax amount: $3,599
- Date on market: 4/12/2025
- Ownership: Fee Simple
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