7 Villard Court #7, Champaign, IL

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.