Property for Sale: 1001 Francis, Champaign, IL 61821

$6,500,000
$6,500,000
1001 Francis, Champaign, IL 61821
$6,500,000
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Floor Plans
Price:
$6,500,000

Type Commercial
Lot Size 3.00 acres
Year Built 1970

City Champaign
County Champaign

MLS 11834165
Status Active
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.

Virtual Tours for 1001 Francis Champaign, IL

Lot & Building Features

Cooling Central Individual
Tax Year 2022
Lot Dimensions 3 ft

Price History of 1001 Francis, Champaign, IL

Date Name Price Difference
12/31/1969 Listing Price $6,500,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
Photo of Tanya Coffman
Direct: 773-447-9130
Office
3580 W 95th Street
Evergreen Park, IL 60805
773-447-9130
Listed by Berkshire Hathaway HomeServices Chicago, Yakov Dvora
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1%
6.75%
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1001 Francis (MLS #11834165) is a commercial listing located in Champaign, IL. This is a commercial listing with a lot of 130,680 sqft (or 3.00 acres). This property was listed on 07/17/2023 and has been priced for sale at $6,500,000.

Nearby zip codes are 61801, 61820, 61822, 61853 and 61874. This property neighbors other cities such as Mahomet, Savoy and Urbana.

Midwest Real Estate Data

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Berkshire Hathaway HomeServices Chicago