7 Villard Court #7, Champaign, IL
  • $135,000

Description

Looking for a rental property with income already in place? This historic Champaign zerolot offers immediate cash flow and a strong rental history in a location just minutes from downtown Champaign, the University of Illinois, shopping, and restaurants. The main floor features 1 bedroom and 1 full bathroom, while the full finished basement provides a second full bathroom and 2 additional bedrooms, creating a functional layout that maximizes rental potential. Recent improvements include interior updates and the addition of central air conditioning. Whether you’re a seasoned investor or looking to purchase your first income-producing property, this is an easy addition to a portfolio with a tenant already in place and producing income from day one. Property is being offered in conjunction with 1912 Southwood Drive (MLS #12680278). The properties may be purchased separately; however, both transactions must close on the same day to accommodate the seller’s 1031 exchange requirements. Buy one or buy both, but don’t miss the opportunity to add a pair of cash-flowing rental properties to your investment portfolio. Current Tenant pays $1580, and all utilities except owner pays sewage ($25 every 2 months). Tenant will extend their lease in August for another year. Furnace and water heater are 1 year old, newer appliances including washer/dryer. No HOA.

  • Listing Courtesy of: The Real Estate Firm LLC

Details

Updated on June 20, 2026 at 10:40 am
  • Property ID MRD12680370
  • Price $135,000
  • Property Size 700 Sq Ft
  • Bedroom 1
  • Bathrooms 2
  • Year Built 1927
  • Property Type Single Family
  • Property Status Active
  • Parcel Number 432013252029
  • Water Source Public
  • Sewer Public Sewer
  • MLS Status New
  • Days On Market 1
  • Cumulative Days On Market 3
  • Tax Annual Amount 2256
  • Cooling Central Air
  • Heating Natural Gas,Forced Air
  • Directions From Randolph St, West on Villard Ct.
  • Association Fee Frequency Monthly
  • Address 7 Villard Court #7
  • City Champaign
  • State/county IL
  • Zip/Postal Code 61820
  • Country United States

Overview

Property ID: MRD12680370
  • Single Family
  • Property Type
  • 1
  • Bedroom
  • 2
  • Bathrooms
  • 700 Sq Ft
  • Area Size
  • 1927
  • Year Built

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