$625,000
SOLD SEP 3, 2025
8 Beds
4 Baths
2,106 Sq Ft
1950 Built

Recently Sold

$297 Per Sq Ft

7% Below List Price

89 Days on Market

Highlights

  • In Ground Pool
  • Property is near a park
  • Balcony
  • Central High School Rated A
  • Corner Lot
  • Patio

About This Home

As of September 2025

Outstanding 4-Unit Investment Opportunity in Champaign! Located in a quiet, established neighborhood on Robert Drive, this well-maintained four-unit apartment building offers a rare blend of space, amenities, and long-term value. The area is known for attracting quality tenants, making this a strong addition to any investment portfolio. Each of the four spacious apartments is thoughtfully designed, and the property includes a four-car garage and a private in-ground pool-an uncommon perk for multifamily living. Recent updates enhance both aesthetics and functionality, including: New pool liner and pump (2024); Freshly painted and stained building, garage, and decks (2024); Kitchen remodel in Unit #1 (2021), with previous remodels in other units; New roofs on both building and garage (2019); Updated landscaping and improvements to the in-ground irrigation system (2019); Pella windows and patio doors throughout the property (2011). Whether you're expanding your portfolio or seeking a turn-key investment with strong rental appeal, 1725 Robert Drive is a property that delivers. Broker Owned. Listing agent related to owner.

Last Agent to Sell the Property

Nick Ward

JOEL WARD HOMES, INC License #471020454 Listed on: 04/25/2025

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,136

Year Built

  • Built in 1950 | Remodeled in 2024

Lot Details

  • Lot Dimensions are 105x105x130x130
  • Corner Lot

Parking

  • 4 Car Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Block Foundation
  • Asphalt Roof

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Outdoor Features

  • In Ground Pool
  • Balcony
  • Patio

Location

  • Property is near a park

Schools

  • Unit 4 Of Choice Elementary School
  • Champaign/Middle Call Unit 4 351
  • Central High School

Utilities

  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Community Details

  • 4 Units
  • Gross Income $69,120

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,136

Year Built

Built in 1950 | Remodeled in 2024

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1950
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2024
  • Legal Description: LOT 132 PARK TERRACE 3RD SUB, REPLAT
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2024

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Refrigerator,Washer,Dryer,Dishwasher,Microwave,Garage/Space,Cooktop,Oven/Built-in
  • MRD_AppliancesAndFeatures: Refrigerator,Washer,Dryer,Dishwasher,Microwave,Garage/Space,Cooktop,Oven/Built-in
  • MRD_AppliancesAndFeatures: Refrigerator,Washer,Dryer,Dishwasher,Microwave,Garage/Space,Cooktop,Oven/Built-in
  • AppliancesAndFeatures: Refrigerator,Washer,Dryer,Dishwasher,Microwave,Garage/Space,Cooktop,Oven/Built-in
  • Room: 5

Exterior Features

  • Construction Materials: Brick, Cedar
  • ExteriorFeatures: Balcony
  • Foundation Details: Block
  • List Price: 675000
  • Lot Features: Corner Lot
  • OtherStructures: None
  • Patio And Porch Features: Patio
  • Pool Features: In Ground
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 4
  • Parking Features: Garage Door Opener, On Site, Garage Owned, Detached, Garage
  • ParkingTotal: 4

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Steam
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Park, Sidewalks
  • Conversion YN: N

Schools

  • Elementary School: Unit 4 Of Choice
  • High School: Central High School
  • Middle/Junior School: Champaign/Middle Call Unit 4 351
  • Middle/Junior School District: 4

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 105X105X130X130
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 22
  • Is Parking Included in Price: Yes
  • TenantPays: Electric,Gas,Water

Multi Family

  • GrossIncome: 69120
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 10136
  • Tax Year: 2023
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2019
Sold by
Ward Joel F and Ward Mary Beth
Bought by
Ward Joel F and Joel F Ward Jr Trust I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,500
Interest Rate
3.7%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $97,500 Commercial
Closed $290,500 Stand Alone Refi Refinance Of Original Loan
Closed $300,000 Future Advance Clause Open End Mortgage
Closed $50,000 Credit Line Revolving
Closed $248,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2025 09/03/25 Sold $625,000 -7.4% $297 / Sq Ft
07/23/2025 07/23/25 Pending -- -- --
06/19/2025 06/19/25 For Sale $675,000 0.0% $321 / Sq Ft
05/22/2025 05/22/25 Pending -- -- --
04/25/2025 04/25/25 For Sale $675,000 -- $321 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $10,136 $123,420 $31,350 $92,070
2023 $10,136 $112,400 $28,550 $83,850
2022 $9,535 $103,690 $26,340 $77,350
2021 $9,306 $101,650 $25,820 $75,830
2020 $8,961 $97,740 $24,830 $72,910
2019 $8,673 $95,730 $24,320 $71,410
2018 $8,479 $94,230 $23,940 $70,290
2017 $8,188 $90,610 $23,020 $67,590
2016 $7,341 $88,750 $22,550 $66,200
2015 $7,397 $87,180 $22,150 $65,030
2014 $7,334 $87,180 $22,150 $65,030
2013 $7,268 $87,180 $22,150 $65,030
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12348086

Midwest Real Estate Data (MRED)

APN: 45-20-23-203-011