Section Image

Explore Similar Apartments Within 2 Miles of Downtown Champaign, IL

  • /7

    $319,900

    604 W Main St, Urbana, IL 61801

    This is a 6-unit apartment house with four 1-bedroom apartments and 2 efficiencies. With a close location to the University of Illinois, Downtown Urbana, and both hospitals, this property leases up quickly. Great rental history, super condition, and very clean. Great investment opportunity. New siding, carpeting, and some appliances have been replaced, flat portion of the roof has been replaced.

    Tim Hoss RE/MAX Choice

    604 W Main St, Urbana, IL 61801
  • /36

    $139,000

    • 3 Beds
    • 2 Baths

    401 S Maple St, Urbana, IL 61801

    Investment Opportunity in the heart of Urbana - Fully Rented Duplex. Situated in a desirable Urbana neighborhood, this property offers proximity to local amenities and the University of Illinois campus. With both units occupied, it offers immediate rental income and long-term potential. Don't miss your chance to invest in Urbana's rental market. Contact your real estate professional today to

    Nate Evans eXp Realty-Mahomet

    401 S Maple St, Urbana, IL 61801
  • /20

    $449,000

    • 14 Beds
    • 3 Baths

    806 W Ohio St, Urbana, IL 61801

    Cashflow AND future development potential. Just a good stone's-throw away from the University of Illinois campus, this blue-chip investment property is rented to a group for the 2024-25 school year for 5,825 per month - a 6.5 GRM. This stately converted house sports three floors, plus a finished basement. Zoned R-7. Your tenants will appreciate the paved parking out back, and the electric

    Philip Fiscella Abe Lincoln Realty

    806 W Ohio St, Urbana, IL 61801
  • /2

    $345,000

    • 7 Beds
    • 3 Baths

    212 W John St, Champaign, IL 61820

    Unlock the Potential in Prime Champaign Location! Bring your vision and tools to this unique opportunity-a 2-unit property featuring 3 bedrooms and 1 bathroom per unit, plus a 690 sq ft ADU (Accessory Dwelling Unit) in the rear. With a total of approximately 3,300 square feet, this vacant property is ready for a full renovation to maximize its income-generating or multi-generational living

    Jill Hess RE/MAX REALTY ASSOCIATES-CHA

    212 W John St, Champaign, IL 61820

Why Live in Downtown Champaign

Downtown Champaign has evolved from a 19th-century railroad stop into a lively city center with a rich arts scene and restored storefronts housing locally owned eateries. The neighborhood features a mix of commercial corridors and residential streets lined with condo complexes and early 20th-century homes. Residents appreciate the walkability to bars, shops, restaurants, and the nearby University of Illinois campus. Popular things to do include visiting the Blind Pig Brewery, The Literary coffee shop and bookstore, and dining at diverse restaurants like La Bahia and Sticky Rice. The area is highly walkable and bikeable, with easy access to specialty food stores and a County Market for grocery essentials. Downtown Champaign hosts numerous events, such as the Street Fest, Friday Night Live, and the Parade of Lights, fostering a strong sense of community. Architectural styles range from small bungalows to Dutch Colonials and American Foursquares, with homes often situated close together along brick-paved streets. West Side Park offers a gated playground, walking trails, and art sculptures, while the Virginia Theatre provides entertainment with classic movies and live performances. Public transportation is convenient with the Illinois Terminal housing Amtrak, Greyhound, and local bus stops. Willard Airport is about 6 miles south, and major interstates provide easy access to Chicago, St. Louis, and Indianapolis. Students attend schools in the Champaign Unit 4 School District, with Booker T. Washington STEM Academy and Central High School being highly rated.

Home Trends in Downtown Champaign, IL

Housing Trends

Median Sale Price
$484,500
Median Single Family Sale Price
$484,500
Median Townhouse Sale Price
$499,000
Average Price Per Sq Ft
$271
Number of Homes for Sale
6
Last 12 months Home Sales
17
Months of Supply
4.20
Median List Price
$484,500
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-43%
How to Buy a Home How to Finance a Home How to Sell a Home