408 W Healey Street Champaign, IL $ 220,000
408 W Healey Street
$ 220,000
Recently Listed
Share Save

408 W Healey Street

Champaign, IL, 61820
$ 220,000
Bedrooms3 Baths3.0 Sq 1,957

Monthly Estimate*

$ 1,389

408 W Healey Street, Champaign, IL 61820 - Image 1
408 W Healey Street, Champaign, IL 61820 - Image 2
408 W Healey Street, Champaign, IL 61820 - Image 3
408 W Healey Street, Champaign, IL 61820 - Image 4
408 W Healey Street, Champaign, IL 61820 - Image 5
408 W Healey Street, Champaign, IL 61820 - Image 6
408 W Healey Street, Champaign, IL 61820 - Image 7
408 W Healey Street, Champaign, IL 61820 - Image 8
408 W Healey Street, Champaign, IL 61820 - Image 9
408 W Healey Street, Champaign, IL 61820 - Image 10
408 W Healey Street, Champaign, IL 61820 - Image 11
408 W Healey Street, Champaign, IL 61820 - Image 12
408 W Healey Street, Champaign, IL 61820 - Image 13
408 W Healey Street, Champaign, IL 61820 - Image 14
408 W Healey Street, Champaign, IL 61820 - Image 15
408 W Healey Street, Champaign, IL 61820 - Image 16
408 W Healey Street, Champaign, IL 61820 - Image 17
408 W Healey Street, Champaign, IL 61820 - Image 18
408 W Healey Street, Champaign, IL 61820 - Image 19
408 W Healey Street, Champaign, IL 61820 - Image 20
408 W Healey Street, Champaign, IL 61820 - Image 21
408 W Healey Street, Champaign, IL 61820 - Image 22
408 W Healey Street, Champaign, IL 61820 - Image 23
408 W Healey Street, Champaign, IL 61820 - Image 24
408 W Healey Street, Champaign, IL 61820 - Image 25

Multi-Family Home for sale in Champaign, IL

for $220,000 with 3 bedrooms and 3 full baths. This 1,957 square foot home was built in 1903 on a lot size of 0.2.

This striking Victorian-style three-unit property combines incredible architectural character, a prime location near Downtown Champaign, and immediate income with room for future growth. The freshly painted exterior makes a memorable first impression, while inside, Unit 1 commands the entire first floor with a spacious living room, beautiful original pocket doors leading to the dining room, a large bedroom, full bath, and eat-in kitchen. Upstairs, Units 2 and 3 are each one-bedroom efficiency units with their own kitchens and full baths, creating three distinct income-producing spaces under one roof. Coin-operated laundry in the basement provides additional convenience, while plenty of off-street parking with access from both the driveway and alley is a major convenience. Even better, all three units are fully leased through July 2027, providing income from day one! With current rents offering the potential to increase revenue as leases come up for renewal, there is exciting upside still to capture. Victorian charm, full occupancy, abundant parking, a highly desirable location, and future income potential all come together at 408 W Healey, making this a standout opportunity for your investment portfolio!

See more

Multi-Family Active

Price

$ 220,000

Bedrooms

3

Full Bath

3

Property Type

Multi-Family

Taxes

$ 5,605

Style

Victorian

Lot Size

0.2

Year Built

1903

Town/City

Champaign

County/Region

Champaign

MLS | Web ID

12730963

Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Closing Tenant's Rights
Roof Asphalt
Zoning LNC
Architectural Style Victorian
Construction Materials Other Shingle Siding
Year Built 1903
Township Champaign
Tax Year 2025
Ownership Fee Simple
Gross Income 1860
County Champaign
Insurance Expense 1340
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 13
Status New
Directions W Healey between S Elm and S Prairie
High School Central High School
City Champaign
High School District 4
MLS Area Champaign Savoy
Elementary School Unit 4 Of Choice
Tax Annual Amount 5605
Electric Expense 650
Fuel Expense 650
Middle/Junior High School Champaign/Middle Call Unit 4 351
Trash Expense 352
Water Sewer Expense 0
Standard Status Active
Middle/Junior School District 4
Elementary School District 4
See more
Interior
Basement Unfinished Partial
Total Bedrooms 3
Total Baths 3
Bedrooms Possible 3
Full Baths Building 3
Half Baths Building 0
Total Number of Units 3
See more
Exterior
Parking Features Unassigned Off Alley Off Street Driveway Yes Owned
Lot Features None
Water Source Public
Total Parking 3
Foundation Details Brick/Mortar
Lot Dimensions 64.5x132
Lot Size Acres 0.2
Waterfront Y/N N
Other Equipment Ceiling Fan(s) Sump Pump Water Heater-Electric Water Heater-Gas
See more
* Excluded Features
List By
Keller Williams-Trec

Broker

joe@zalabakhomes.com

Email

Affordability Calculator

$1,856
Per Month
75%
25%
0%
Monthly Principal & Interest
$1,389
Monthly Property Taxes
$467
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
2517267 Elementary School
2517266 Middle School
Central High School High School
Pricing History
DatePricePrice ChangeDescription
8/24/2026$220,000 Listed Price

Map


See all

408 W Healey Street, Champaign, IL, 61820 is a Multi-Family Home for sale at $220,000 with 1,957 sqft and a lot size of 0.2. 408 W Healey Street has 3 bedrooms, 3.0 baths, and was built in 1903. The property's zip code is 61820 which is in Champaign, IL