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.
Property Details
Price:
$135,000
MLS #:
MRD12680370
Status:
Active
Beds:
1
Baths:
2
Type:
Single Family
Neighborhood:
champaignsavoy
Listed Date:
Jun 16, 2026
Finished Sq Ft:
700
Year Built:
1927
See this Listing
Schools
School District:
4
Elementary School:
Champaign Elementary School
Middle School:
Champaign Junior High School
High School:
Champaign High School
Interior
Bathrooms
2 Full Bathrooms
Below Grade Finished Area
700
Cooling
Central Air
Heating
Natural Gas, Forced Air
Exterior
Construction Materials
Stone
Financial
HOA Fee Frequency
Monthly
HOA Includes
None
Tax Year
2024
Taxes
$2,256
Map
Community
- Address7 Villard Court #7 Champaign IL
- CityChampaign
- CountyChampaign
- Zip Code61820
Market Summary
Current real estate data for Single Family in Champaign as of Jun 21, 2026
235
Single Family Listed
61
Avg DOM
185
Avg $ / SqFt
$393,156
Avg List Price
Property Summary
- 7 Villard Court #7 Champaign IL is a Single Family for sale in Champaign, IL, 61820. It is listed for $135,000 and features 1 beds, 2 baths, and has approximately 700 square feet of living space, and was originally constructed in 1927. The current price per square foot is $193. The average price per square foot for Single Family listings in Champaign is $185. The average listing price for Single Family in Champaign is $393,156.
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7 Villard Court #7
Champaign, IL


