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11 E Columbia Avenue

Champaign, IL 61820
  • $5,000,000
  • STATUS: Active
  • ON SITE: 96 Days
  • MLS #: 12490337
UPDATED: 63 min ago
$5,000,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2014
County:
Area:

School Ratings & Info

Description

The Quarters - Exceptional investment opportunity! This 32-unit, 5-story apartment building in Downtown Champaign was built in 2014 and features Spanish Colonial-inspired design with 14' ceilings, hardwood floors, granite window sills, and Juliet balconies. Units include in-unit laundry, full appliance packages, and high-speed internet. The building offers covered parking, secure access, and a 5-stop Kone elevator. With a strong leasing history, high occupancy, and consistent rent growth, this property is a turnkey income-producing asset in a prime, walkable location near restaurants, nightlife, and shopping.

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© 2026 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2026-01-15T05:48:58.72 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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11 E Columbia Avenue Champaign, IL 61820

  • Price: $5,000,000
  • Status: Active
  • On Site: 96 Days
  • Updated: 63 min ago
  • MLS #: 12490337
0
Beds
0
Baths
0
½ Baths
0.17
Acres
2014
Built
Neighborhood:
Champaign
County:
Champaign
Area:
Champaign
Property Description
The Quarters - Exceptional investment opportunity! This 32-unit, 5-story apartment building in Downtown Champaign was built in 2014 and features Spanish Colonial-inspired design with 14' ceilings, hardwood floors, granite window sills, and Juliet balconies. Units include in-unit laundry, full appliance packages, and high-speed internet. The building offers covered parking, secure access, and a 5-stop Kone elevator. With a strong leasing history, high occupancy, and consistent rent growth, this property is a turnkey income-producing asset in a prime, walkable location near restaurants, nightlife, and shopping.
Exterior Features

Frontage Type City Street

Interior Features

Cooling Central Air Heat Ventilation ElectricHeat Pump

Property Features

Additional Parcels YN No Approximate Age 7-15 Years Built Before1978 YN No Current Use Multi-Family Gross Income 565470 Gross Scheduled Income 565470 Insurance Expense 0 Maintenance Expense 0 Mls Actual Status Active Net Operating Income 345810 Operating Expense 219660 Tax Annual Amount 116578.2 Tax Year 2024 Total Monthly Income 47123 Township Champaign Type Multi Family 5+ Zoning MULTI

Listing information © 2026 Midwest Real Estate Data LLC.
Listing provided courtesy of Green Street Realty: .


© 2026 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2026-01-15T05:48:58.72 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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