Champaign, IL 61820,617 W Springfield AVE
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Champaign, IL 61820,617 W Springfield AVE
Champaign, IL 61820,617 W Springfield AVE
Champaign, IL 61820,617 W Springfield AVE
Champaign, IL 61820,617 W Springfield AVE

$282,500

Est. payment /mo

$299,900

5.8%
Est.Price: ?

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617 W Springfield AVE Champaign, IL 61820

7,840 Sqft Lot

SOLD DATE : 01/09/2026

Key Details

Sold Price $282,500

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 12485512

Sold Date 01/09/26

Year Built 1903

Annual Tax Amount $3,978

Tax Year 2024

Lot Size 7,840 Sqft

Lot Dimensions 60X132

Property Sub-Type Multi Family 5+

Property Description

Expand your rental portfolio with 617 W Springfield, a 5-unit building located just minutes from downtown Champaign. Each unit is a one-bedroom with its own kitchen and bathroom. Two units have been recently remodeled, while the remaining three units have long-term tenants (with the potential for rent increases.) Significant updates include full exterior repainting, back porch upgrades, a new water heater, a new furnace, and landscaping improvements, all of which enhance both curb appeal and longevity. The property features a coin-operated laundry in the basement. Tenants have individually metered electricity, while water, sewer, and natural gas are included in a monthly utility charge that is part of the rent. A solid investment opportunity in a prime location!

Location

State IL

County Champaign

Area Champaign, Savoy

Zoning MULTI

Rooms

Basement Unfinished

Interior

Cooling Window Unit(s)

Fireplace N

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Midwest Real Estate Data (MRED) IDX
Listed by Joe Zalabak of  KELLER WILLIAMS-TREC 
Bought with Mark Waldhoff of KELLER WILLIAMS-TREC
Suzanne Martin

Suzanne Martin

Advisor | License ID: 475123131

+1(847) 471-3150

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