Listing Courtesy of The Real Estate Firm LLC, Leyhe Timothy , timleyhe@gmail.com

7 Villard Unit# 7, Champaign, Illinois, 61820

Looking for a rental property with income already in place? This historic Champaign zerolot offers immediate cash flow and a strong rental history in a location just minutes from downtown Champaign, the University of Illinois, shopping, and restaurants. The main floor features 1 bedroom and 1 full bathroom, while the full finished basement provides a second full bathroom and 2 additional bedrooms, creating a functional layout that maximizes rental potential. Recent improvements include interior updates and the addition of central air conditioning. Whether you're a seasoned investor or looking to purchase your first income-producing property, this is an easy addition to a portfolio with a tenant already in place and producing income from day one. Property is being offered in conjunction with 1912 Southwood Drive (MLS #12680278). The properties may be purchased separately; however, both transactions must close on the same day to accommodate the seller's 1031 exchange requirements. Buy one or buy both, but don't miss the opportunity to add a pair of cash-flowing rental properties to your investment portfolio. Current Tenant pays $1580, and all utilities except owner pays sewage ($25 every 2 months). Tenant will extend their lease in August for another year. Furnace and water heater are 1 year old, newer appliances including washer/dryer. No HOA.

Active

$135,000

Single Family / Detached

1 bds

2 ba

700 Sqft

MLS

12680370

Built in 1927

2256 (2024)

Disclaimer: The information contained in this listing has not been verified by The Real Estate Firm LLC and should be verified by the buyer.

Information provided by MRED

REQUEST MORE INFO

We will never spam you!

I agree to be contacted by the office for real estate purposes via call, email and/or text. Message frequency varies. To opt out, you can reply "stop" at any time or click the unsubscribe link in the emails. Message and data rates may apply. Reply HELP for help. View Terms of Service and Privacy Policy. If you'd like to unsubscribe click here.

ADDRESS & DIRECTIONS

  • Street Address: 7 Villard Unit# 7
  • City: Champaign
  • State: Illinois
  • County: Champaign
  • Directions:
    From Randolph St, West on Villard Ct.

PROPERTY FEATURES

General Information

  • General Information : None

Heating /Cooling Features

  • Cooling: Central Air
  • Heating : Natural Gas, Forced Air

Rooms Information

  • Room Type : No additional rooms
  • Bedrooms (Below Grade) : 2

Construction Features

  • Construction Materials: Stone

Utility Information

  • Water Source : Public
  • Sewer Source : Public Sewer

Other Features

  • Aprox. Total Finished Area : 1400 S.F
  • Total Finished/Unfinshed Area : 1400 S.F

SCHOOLS NEAR 7 Villard Unit# 7

  • Listings courtesy of Midwest Real Estate Data (MRED) | Chicago Association of REALTORS® as distributed by MLS GRID. The information being provided by Greater Northwest Indiana Association of REALTORS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information related to real estate for sale referenced on the web site comes from Internet data exchange (IDX) program of the Greater Northwest Indiana Association of REALTORS. 618-Coldwell Banker Realty - Chicago is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of 618 Coldwell Banker Realty – Chicago, a broker participant of Greater Northwest Indiana Association of REALTORS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes is, deemed reliable but not guaranteed and should not be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Greater Northwest Indiana Association of REALTORS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited
  • Courtesy of The Real Estate Firm LLC, Leyhe Timothy
  • Property last updated on MRED : 6/19/2026 1:13:51 AM