Large bedroomBeautiful original pocket doorsFreshly painted exteriorAbundant parkingEat-in kitchen
This striking Victorian-style three-unit property combines incredible architectural character, a prime location near Downtown Champaign, and immediate income with room for future growth. The freshly painted exterior makes a memorable first impression, while inside, Unit 1 commands the entire first floor with a spacious living room, beautiful original pocket doors leading to the dining room, a large bedroom, full bath, and eat-in kitchen. Upstairs, Units 2 and 3 are each one-bedroom efficiency units with their own kitchens and full baths, creating three distinct income-producing spaces under one roof. Coin-operated laundry in the basement provides additional convenience, while plenty of off-street parking with access from both the driveway and alley is a major convenience. Even better, all three units are fully leased through July 2027, providing income from day one! With current rents offering the potential to increase revenue as leases come up for renewal, there is exciting upside still to capture. Victorian charm, full occupancy, abundant parking, a highly desirable location, and future income potential all come together at 408 W Healey, making this a standout opportunity for your investment portfolio!
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Listed by:
Joe Zalabak, ABR(217)721-5855,
KELLER WILLIAMS-TREC
Source: MRED as distributed by MLS GRID,MLS#: 12730963
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 3
Full bathrooms: 3
1/2 bathrooms: 3
Heating
Natural Gas
Appliances
Included: Electric Water Heater, Gas Water Heater
Features
Basement: Unfinished,Partial
Property
Parking
Total spaces: 3
Parking features: Unassigned, Off Alley, Off Street, Driveway, Yes, Owned
Has uncovered spaces: Yes
Lot
Size: 8,712 Square Feet
Dimensions: 64.5x132
Features: None
Details
Parcel number: 432013128011
Zoning: LNC
Special conditions: None
Other equipment: Ceiling Fan(s), Sump Pump
Construction
Type & style
Home type: MultiFamily
Architectural style: Victorian
Property subtype: Multi Family
Materials
Other, Shingle Siding
Foundation: Brick/Mortar
Roof: Asphalt
Condition
New construction: No
Year built: 1903
Utilities & green energy
Sewer: Public Sewer
Water: Public
Community & HOA
Location
Region: Champaign
Financial & listing details
Tax assessed value: $178,350
Annual tax amount: $5,605
Date on market: 8/24/2026
Ownership: Fee Simple
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
9/11/1998
Sold
$64,900
Source: MRED as distributed by MLS GRID #09454581Report a problem
Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.