11 E Columbia Avenue Champaign, IL $ 5,000,000
11 E Columbia Avenue
$ 5,000,000
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11 E Columbia Avenue

Champaign, IL, 61820
$ 5,000,000
Bedrooms3 Baths0.0

Monthly Estimate*

$ 30,786

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Multi-Family Home for sale in Champaign, IL

for $5,000,000 with 3 bedrooms. This home was built in 2014 on a lot size of 0.17.

The Quarters - Exceptional investment opportunity! This 32-unit, 5-story apartment building in Downtown Champaign was built in 2014 and features Spanish Colonial-inspired design with 14' ceilings, hardwood floors, granite window sills, and Juliet balconies. Units include in-unit laundry, full appliance packages, and high-speed internet. The building offers covered parking, secure access, and a 5-stop Kone elevator. With a strong leasing history, high occupancy, and consistent rent growth, this property is a turnkey income-producing asset in a prime, walkable location near restaurants, nightlife, and shopping.

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Multi-Family Active

Price

$ 5,000,000

Bedrooms

3

Property Type

Multi-Family

Taxes

$ 116,578

Style

Multi-Family

Lot Size

0.17

Year Built

2014

Town/City

Champaign

County/Region

Champaign

MLS | Web ID

12490337

Features
General
Cooling Central Air
Zoning MULTI
Year Built 2014
Stories Count 5
Township Champaign
Tax Year 2024
Current Use Multi-Family
Gross Income 565470
County Champaign
Net Operating Income 345810
Operating Expense 219660
Insurance Expense 0
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 0
Status Active
Directions Take N Neil St to E Columbia Ave. The property is on the corner of E Columbia Ave and N Hickory St.
City Champaign
Number Of Units Total 2
MLS Area Champaign Savoy
Lot Size Square Feet 7564
Tax Annual Amount 116578.2
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Standard Status Active
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Exterior
Lot Dimensions 7564.05
Lot Size Acres 0.17
Frontage Type City Street
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* Excluded Features
List By
Green Street Realty

Broker

shannon.collins@greenstrealty.com

Email

Affordability Calculator

$40,501
Per Month
76%
24%
0%
Monthly Principal & Interest
$30,786
Monthly Property Taxes
$9,715
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/10/2025$5,000,000 Listed Price

Map


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11 E Columbia Avenue, Champaign, IL, 61820 is a Multi-Family Home for sale at $5,000,000 with a lot size of 0.17. 11 E Columbia Avenue has 3 bedrooms, 0.0 baths, and was built in 2014. The property's zip code is 61820 which is in Champaign, IL