503 N State Street
Champaign, IL 61820

Looking for location and cash flow? Look no further! 503 N State, Champaign is a 5-unit multifamily dwelling located just two blocks from downtown Champaign! This property consists of (3) one-bedroom, one-bath studio units that rent for up to $650 per month, (1) two-bedroom, one-bathroom apartment that rents for $875, and (1) two-bedroom, two-bathroom unit that rents for $975. That is a potential rental income of $3750 per month. The detached one-car garage offers storage or additional income potential. The basement laundry room is also a potential secondary income source. All units are separately metered for electricity. Multifamily apartment buildings this close to downtown rarely become available!