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.
Pending
$135,000
7 Villard Ct #7, Champaign, IL 61820
3beds
700sqft
Condominium, Single Family Residence
Built in 1927
-- sqft lot
$-- Zestimate®
$193/sqft
$-- HOA
What's special
Full finished basementHistoric champaign zerolotInterior updatesCentral air conditioningFunctional layout
- 116 days
- 11
- 0
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Timothy Leyhe 217-493-0545,
The Real Estate Firm LLC
Source: MRED as distributed by MLS GRID,MLS#: 12680370
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: No additional rooms
Primary bedroom
- Level: Main
- Area: 120 Square Feet
- Dimensions: 12X10
Bedroom 2
- Level: Basement
- Area: 144 Square Feet
- Dimensions: 12X12
Bedroom 3
- Level: Basement
- Area: 144 Square Feet
- Dimensions: 12X12
Dining room
- Level: Main
- Area: 72 Square Feet
- Dimensions: 9X8
Kitchen
- Level: Main
- Area: 108 Square Feet
- Dimensions: 12X9
Living room
- Level: Main
- Area: 192 Square Feet
- Dimensions: 12X16
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Features
- Basement: Finished,Full
Interior area
- Total structure area: 1,400
- Total interior livable area: 700 sqft
- Finished area below ground: 700
Property
Accessibility
- Accessibility features: No Disability Access
Details
- Parcel number: 432013252029
- Special conditions: None
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium, Single Family Residence
Materials
- Stone
Condition
- New construction: No
- Year built: 1927
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Services included: None
Location
- Region: Champaign
Financial & listing details
- Price per square foot: $193/sqft
- Annual tax amount: $2,256
- Date on market: 6/17/2026
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/3/2026 | Pending sale | $135,000$193/sqft |
Source: | ||
| 6/17/2026 | Listed for sale | $135,000+15.4%$193/sqft |
Source: | ||
| 7/26/2023 | Sold | $117,000$167/sqft |
Source: | ||
| 6/27/2023 | Pending sale | $117,000$167/sqft |
Source: | ||
| 6/5/2023 | Listed for sale | $117,000$167/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 61820
Nearby schools
Schools provided by the listing agent
- Elementary: Champaign Elementary School
- Middle: Champaign Junior High School
- High: Champaign High School
- District: 4
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.







