Address
801 Hollycrest Drive, Champaign, IL
Price
$ 350,000
Property Attributes
  • MLS#12009145
  • TypeContingent
  • CountyCHAMPAIGN
  • CityChampaign
  • AreaChampaign - Savoy
  • NeighborhoodStonegate
  • Zip61821
  • Style
  • Year Built1971
  • Taxes$ 5672
  • Price$ 350,000
  • Bedrooms8
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage3280
  • Lot Size6,970 SqFt
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Don't miss out on this incredible investment opportunity! This fully leased 4-plex is a gem waiting for you. Consisting of two first-floor units and two second-floor units, each apartment has undergone recent updates, resulting in increased rental income. Conveniently situated in a central location, this property boasts easy access to multiple bus stops, making transportation a breeze for tenants. Additionally, off-street parking in the rear provides added convenience and peace of mind. The owner takes care of trash and sewer expenses, while tenants are responsible for water, power, and gas bills. Furthermore, this property allows for Airbnb/short-term rentals, offering even greater income potential. With its prime location, updated units, and solid rental history, this 4-plex presents a fantastic opportunity for savvy investors. Don't wait, seize this chance to add a lucrative asset to your portfolio!

Elementary School Middle School High School
Champaign Elementary School Champaign Junior High School Champaign High School
Price History
3/20/2024 Listed $350,000

General Features

Sewer Public Sewer
Heating Natural Gas,Forced Air
Possession Closing,Tenant's Rights
Roof Asphalt
Exterior Features Balcony
Year Built 1971
Township Champaign
Tax Year 2022
Percent Ownership Fee Simple
Gross Income 41700
County Champaign
Insurance Expense 1800
New Construction No
Property Type Residential Income
Contingency Attorney/Inspection
Subdivision Name Stonegate
Total Rooms 24
Status Contingent
Directions John St. South on Hollycrest
High School Champaign High School
City Champaign
High School District 4
MLS Area Champaign,Savoy
Waterfront Y/N No
Street Name Hollycrest
Elementary School Champaign Elementary School
Tax Annual Amount 5672.9
Middle/Junior High School Champaign Junior High School
Days on Market 17
Standard Status Active Under Contract
Middle/Junior School District 4
Elementary School District 4
Property Type Two to Four Units

Interior Features

Basement None
Street Suffix Drive
Total Bedrooms 8
Total Baths 4
Bedrooms Possible 8
Basement Crawl
Full Baths Building 4
Total Number of Units 4

Exterior Features

Parking Features Unassigned,Off Alley
Water Source Public
Total Parking 5
Foundation Details Concrete Perimeter
Lot Dimensions 65 X 110
Lot Size Acres 0.16
Exterior Brick,Vinyl Siding

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Contingent Average in 61821

Price
AVG $260K
$350K
Taxes
AVG $4,923
$5,672
Visits
AVG 93
133
Data Provided by Inside Real Estate®
Year Built
AVG 1961
1971

Your Agent

David Faxel

Broker / Owner, Broker

815-889-0354

Phillip Curry

217-251-7421

Listed By
Trautman Real Estate Agency & Appraisal LLC

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