1001 francis dr, champaign, IL 61821
Asking PriceThe price of a property as listed on the market.
$6,500,000 Resale (MLS)This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
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This is not a list price. This is an estimate price for the property provided by FirstAmerican. Please note that this is only an estimate and should not be taken as fact or advice. When a list price becomes available we will publish it and along with changes to the contact information.Estimated Value: $2,557,034 This listing is NOT a foreclosure. Presenting Garden Court, an exceptional 102-unit multi-family property strategically located just 4 mile from the University of Illinois in Champaign-Urbana. The property, nestled with trees and foliage, offers a mix of 66 spacious two-bedroom, 1.1 bath units and 36 one-bedroom, one bath units. Approximately 50% of the residents are graduate students from the nearby university, giving the property a stable and robust tenant base, indicative of a reliable and consistent rental market. This well-maintained property guarantees easy commuting with swift access to Interstates 74 and 57. It further enhances resident convenience with 145 dedicated parking spaces. Proximity to a variety of shopping outlets and restaurants creates an ideal balance of urban convenience and suburban tranquility, adding significantly to Garden Court's appeal. In summary, Garden Court presents a unique blend of strategic location, diverse accommodations, and a stable tenant base, making it a rare and lucrative investment opportunity. Its closeness to the University of Illinois, ease of transportation, abundant parking, and the array of nearby amenities all contribute to
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its charm, creating an inviting and sustainable living environment that ensures a solid ROI for potential buyers.This MLS Resale home is a commercial property located in CHAMPAIGN. It offers 3 acres in size, beds and baths. Review its detailed information and determine if this CHAMPAIGN MLS Resale has the qualities you are looking for.
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This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
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Property Info
Property ID914600052
MLS Number11834165
Parcel Number41-20-02-476-001
CountyChampaign
Living Area (sqft)60,330
Price/sqft$107
Year Built01/01/1970
Property TypeCommercial
Lot Size3 acres
Total Units6
Style34
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