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1505 W Columbia Avenue Champaign, IL 61821 • Residential - Single Family • New

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New - 38 Hours Ago
  • 1505 W Columbia Avenue, Champaign, IL 61821 Main Photo

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Description

Investor-friendly opportunity! This tenant-occupied 3 bed, 1.5 bath home offers 1,090 sq ft with steady rental income at $850/month. The property features a 1-car detached garage, durable vinyl siding, and a well-maintained exterior. Inside, you'll find a functional layout with updated tile flooring in the kitchen and hallway, retro-style cabinetry, and solid mechanicals including central HVAC. Roof and systems are in stable condition, making this a great value-add or long-term hold opportunity. Tenant currently in place on a yearly lease and would prefer to stay. Rent will be increased to $1,100/month at closing.

Property Highlights

Property Type: Residential - Single Family
Total Living Area SF: 1,090
Garage Size: 1
Built in 1952
School District: District 4

General Information

Bedrooms: 3
Bathrooms: 2
Sqft: 1,090
County: Champaign
Listed By:
EJC REAL ESTATE SERVICES 773-236-7844
MRED MLS

Room Information

Bedroom 2: 10X10
Bedroom 3: 10X10
Dining Room: 10X10
Kitchen: 10X10
Living Room: 10X10
Primary Bedroom: 10X10
$90,000
Est. $657/mo
3beds
2baths
1,090sqft
1cars
New to the Market New
BEDS3 BATHS1 full 1 partial SQUARE FEET1,090 MLS#12611443
STATUSNew PROPERTY TYPEResidential - Single Family SCHOOLDistrict 4
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Shown By

Mike Tanner
 (563) 940-5934

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1505 W Columbia Avenue, Champaign, IL 61821.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $90,000$90,000$90,000
Down Payment $18,000$3,150$22,500
Monthly Mortgage Amount $432$530$552
Taxes $125$125$125
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$40$0
Monthly Estimated Total $657$795$777

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