408 W Healey St

Champaign, IL 61820
  • $220,000

    Price
  • 3

    Bed
  • 3

    Bath
  • 0

    SqFt

About the Listing 95313 - 952459

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!

Listing Highlights

Status Active
Days on Site 6
Property Type Multi-Family
MLS ® 12730963
Year Built 1903
Total Square Footage 0
Lot/Acreage 0.2
County Champaign
School District 4
Elementary School Unit 4 Of Choice
High School Central High School

Interior Details

  • Bedrooms: 3
  • Bathrooms: 3 Full
  • Appliances: Ceiling Fan(s),Sump Pump,Water Heater-Electric,Water Heater-Gas
  • Air Cond:
  • Heating: Natural Gas
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Unfinished,Partial
  • Other:
  • Water: Public

Exterior Details

  • Garage Capacity: N/A
  • Parking Spaces: 3
  • Lot Dimensions: 64.5x132
  • Zoning: LNC
  • Roof: Asphalt
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Unassigned,Off Alley,Off Street,Driveway,Yes,Owned

Financial Details

  • Tax Amount: $5,605
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 432013128011
  • Tax Year: 2025

Payment Calculator

Monthly Payment

  • in Principal and Interest
  • in Taxes
Years
% Down Payment
% Mortgage Rate

Questions About..

408 W Healey St Champaign, IL 61820

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Never Miss A New Property

Get notified any time there's a new home on the market in this neighborhood!

Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.

Originating MLS: mred

Agent profile image in chat bubble
Agent profile image in chat header

Puneet "Pete" Kapoor - CPA, ABR, PSA, SRS, CIPS, ACP

CPA, SRS, PSA, CIPS, ACP, GROUP LEAD, REALTOR | PRINCIPAL CO-OWNER | The Sterling Group Global | Keller Williams Infinity

Agent profile image in message

or another way