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