IL > Champaign
Champaign, IL 61821,1001 Francis DR
Champaign, IL 61821,1001 Francis DR
Champaign, IL 61821,1001 Francis DR
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$6,500,000
Est. payment /mo
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60,330 SqFt
Active Under Contract

1001 Francis DR Champaign, IL 61821

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Park Place Realty Group LLC

Park Place Realty Group LLC

+1(708) 722-5106

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 60,330 sqft

Price per Sqft $107

MLS Listing ID 11834165

Year Built 1970

Annual Tax Amount $115,345

Tax Year 2022

Lot Size 3.000 Acres

Lot Dimensions 3

Property Sub-Type Multi Family 5+

Property Description

Presenting Garden Court, an exceptional 102-unit multi-family property strategically located just 4 miles 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 its charm, creating an inviting and sustainable living environment that ensures a solid ROI for potential buyers.

Location

State IL

County Champaign

Area Champaign, Savoy

Zoning MULTI

Interior

Cooling Central Individual

Fireplace N

Building

Dwelling Type Multi Family 5+

Level or Stories 3

Midwest Real Estate Data (MRED) IDX
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Yakov Dvora • Berkshire Hathaway HomeServices Chicago

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agent

Park Place Realty Group LLC

Broker | License ID: 888222

+1(708) 722-5106

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