1001 Francis Drive, Champaign IL 61821 (Off Market)

For Sale, USD 6,500,000


1001 Francis Drive, Champaign IL 61821,

Property Type : Commercial

Property Style : N/A

Build Size : N/A

Land Size : N/A

Bedroom : 0

Bathroom : 0

Half Bathroom : 0

MLS#: N/A


Property Description

Presenting Garden Court, an exceptional 102-unit multi-family property strategically located just 4 miles from the University of Illinois in Champaign-Urbana. The property, nestled with trees and foliage, offers a mix of 66 spacious two-bedroom, 1.1 bath units and 36 one-bedroom, one bath units. Approximately 50% of the residents are graduate students from the nearby university, giving the property a stable and robust tenant base, indicative of a reliable and consistent rental market. This well-maintained property guarantees easy commuting with swift access to Interstates 74 and 57. It further enhances resident convenience with 145 dedicated parking spaces. Proximity to a variety of shopping outlets and restaurants creates an ideal balance of urban convenience and suburban tranquility, adding significantly to Garden Court's appeal. In summary, Garden Court presents a unique blend of strategic location, diverse accommodations, and a stable tenant base, making it a rare and lucrative investment opportunity. Its closeness to the University of Illinois, ease of transportation, abundant parking, and the array of nearby amenities all contribute to its charm, creating an inviting and sustainable living environment that ensures a solid ROI for potential buyers.
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1001 Francis Drive, Champaign IL 61821, United States,Illinois,Champaign is a Champaign luxury Commercial listed for sale USD 6,500,000. This high end Champaign Commercial is comprised of 0 bedrooms and 0 baths. Find more luxury properties in Champaign or search for luxury properties for sale in Champaign.