$165,000 1912 Southwood Drive, Champaign
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MRD12680278 Detached Single   1912 Southwood Drive, Champaign, IL 61821 $165,000
Bedrooms: 4 County: Champaign
Full Baths: 1 Town: Champaign
Half Baths: 0 Lot Size: 50.19 X 125 X 50.19 X 125
Total Baths: 1 Apx Age: 61-70 Years
Garage: Gravel Year Built: 1958
Subdivision: Grade School: Champaign Elementary School
Jr. High: Champaign/Middle Call Unit 4 351
PIN: 452022228049 Senior HS: Centennial High School
Legal: LOT 242 MEADOW PARK SUB
  Room Dim. Level Floor Bath   Room Dim. Level Floor Bath Level Square Footage
Living Room: 14X12 Main Wood Laminate   Bedroom 1: 21X11 Main Carpet None
Bedroom 2: 13X12 Main Carpet   Main SF: 1,225
Kitchen: 13X12 Main Vinyl   Bedroom 3: 10X10 Main Carpet  
Family Room: N/A   Bedroom 4: 8X8 Main Carpet  
Laundry Room: N/A   A1 N/A Finished. SF: 1,225
A2: N/A A3: N/A  
Tax Yr: 2024 Real Estate Tax: $1,421 Tax Exemptions: None
Association Fees: $ / Not Applicable
Family Room: No Fireplace: No Dining Room: No Accessibility: No
Basement: None New Const: No   Front Door Faces:
Architecture: Detached Single Sewer: Public Sewer HVAC: Natural Gas / Central Air
Outbuildings: Water: Public Roof:
Exterior: Aluminum Siding, Vinyl Siding Foundation Material:  
Fireplace: Appliances: Parking: 2 parking spaces; Gravel
Possession: Closing, Tenant's Rights
Remarks: Investor opportunity with built-in flexibility! This well-maintained 4-bedroom home offers immediate cash flow with a reliable long-term tenant who has occupied the property for the past nine years. Currently rented for $1,600 per month, the lease transitions to month-to-month in July, providing the flexibility to continue as an investment or make the home your own. The property has been well cared for and features numerous recent capital improvements, including a new furnace, water heater, and sewer line replacement completed within the past year-helping minimize near-term maintenance expenses. The tenant pays all utilities except sewer, which averages approximately $75 every two months. Whether you're expanding your investment portfolio or searching for a future owner-occupied home with rental income in place until you're ready to move, this property offers a rare combination of stable cash flow, major mechanical updates, and occupancy flexibility.
Listing Firm: The Real Estate Firm LLC
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Listing Agency: The Real Estate Firm LLCBroker reciprocity
$165,000 1912 Southwood Drive, Champaign