118 N Walnut Champaign, Illinois 61820, Champaign , 61820
Listing ID: MRD11913446
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$950,000
Price
Listed: 6 months ago
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Property Description

A great investment opportunity in downtown Champaign that you won't want to miss! Discover the epitome of charm and character in this remarkable commercial property boasting a unique atmosphere that marries history and modernity in the first-floor retail space and additional units. This exceptional offering is an extraordinary opportunity for entrepreneurs, investors, and visionaries alike with endless opportunities. Key Features: Distinctive Atmosphere: Step into a world of character and ambiance as you enter this one-of-a-kind establishment. The property showcases 14-foot ceilings that create an expansive and inviting space. The woodwork throughout the building adds an authentic touch to the decor. This property consists of five units that are currently utilized for Airbnb accommodations. It represents a fantastic investment opportunity with substantial income potential. The property's current use as short-term rentals positions it well for generating consistent and lucrative returns. Functional Basement: The property's full basement is partially finished and equipped with essential mechanicals, including a built-in cooler and an office space. This basement area can serve as valuable storage or operational space. This outstanding commercial real estate opportunity offers a unique blend of historical charm, income potential, and strategic location. If you're an experienced entrepreneur looking to expand your portfolio, this property promises an exceptional return on investment.

House located at 118 N Walnut Champaign, Illinois 61820. 118 N Walnut Champaign, Illinois 61820 is in the Champaign, Savoy neighborhood. Champaign, Savoy , White Heath , and Thomasboro are nearby neighbourhoods.
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Mortgage Estimation Calculate Your Own

20% down payment
$3,328
per month
35% down payment
$2,704
per month
50% down payment
$2,080
per month

Estimated mortgage based on 2.7% on a 30 year amortization based on some lenders

roomvu is not liable for data estimates generated by computer modeling, which may not reflect exact market values

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Steve Littlefield

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$3,703.37
Monthly
$878,400
Total Mortgage
$219,600
Down Payment