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  1. Commercial Properties
  2. IL
  3. Champaign

703 W Park Ave

For Sale

703 W Park Ave, Champaign, IL 61820

Explore the vibrant neighborhood surrounding this Champaign property, offering an array of attractions for prospective Multifamily investors. Situated near the University of Illinois and bustling downtown Champaign, this area provides an enticing mix of academic and urban amenities. Tenants will appreciate easy access to popular dining and entertainment venues, as well as serene parks and recreational facilities. With its rich cultural offerings, proximity to major employers, and convenient public transportation options, this location presents an excellent opportunity for Multifamily/Low-Rise/Garden investors to capitalize on the dynamic appeal of the area.Introducing a compelling investment opportunity for Multifamily investors! This property comprises four units, including two 1-bedroom units and two studios, all fully leased through the end of July 2026. Great rental history ensures consistent and reliable income stream for investors. With its classic architectural appeal and established leasing history, the building presents an enticing investment prospect in the vibrant Champaign area.

Key features

  • Four Unit Multifamily Investment
  • Fully Leased Through August 2026
  • Strong Rental History

Building Details

  • For Sale $400,000
  • Property Type Multi-Family
  • Property Size 1,274 SF
  • Units 4
  • Lot Size 0.15 Acre
  • Additional Rent Price on request
  • Building Class C
  • Year Built 1903
  • Date Updated Aug 31, 2026
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Contacts

broker
Jordan Dunahee

Ramshaw Real Estate

Location

  • City Champaign, IL
  • Neighborhood West Central Champaign
  • Zip Code 61820
  • Map
  • Street
  • Walk score 68/100 Somewhat Walkable
  • Transit score 52/100 Good Transit
  • Bike score 82/100 Very Bikeable
Powered by Walk Score ®

Points of Interest

Champaign-Urbana

0.72 miles

Shell

0.92 miles

Circle K

0.97 miles

Mobil

0.99 miles

Phillips 66

1.13 miles

QuikTrip

1.17 miles

ChargePoint

1.60 miles

Tesla Supercharger

2.04 miles

Whitehall Apartments Garage

0.35 miles

Laura Apartments Parking

0.38 miles

Walnut and Washington

0.70 miles

Main and Market

0.72 miles

North First Street Lot

0.81 miles

Home Depot parking lot

1.07 miles

Parkette 151

1.07 miles

Parkette 154

1.12 miles

Campus Center

1.32 miles

Outpatient Dialysis Visitor Parking

1.36 miles

Zipcar

0.70 miles

Enterprise

0.78 miles

Rainstorm Express

0.80 miles

Smitty's Car Wash

1.55 miles

Rainstorm

1.90 miles

M&M Auto Detail

2.82 miles

Above and Beyond Detailing

2.93 miles

Peking Garden

0.52 miles

The Himalayan Chimney

0.52 miles

Hamilton Walker's

0.57 miles

Watson's Shack and Rail

0.57 miles

Neil Street Blues

0.60 miles

Guido's

0.60 miles

Nando Milano

0.60 miles

Sticky Rice

0.61 miles

Big Grove Tavern

0.61 miles

Pizzeria Antica

0.62 miles

Asian Supermarket

0.83 miles

AM-KO Oriental Foods and Gifts

0.92 miles

County Market

1.13 miles

Far East Grocery

1.19 miles

Westgate Mall

1.21 miles

Schnucks

1.27 miles

World Harvest Foods

1.27 miles

Big Lots

1.37 miles

Target

1.38 miles

TJ Maxx

1.58 miles

The Pavilion Behavioral Health System

0.15 miles

Fire Station #1

0.52 miles

Christie Clinic Radiation Oncology

0.52 miles

Christie Clinic

0.53 miles

Walgreens

0.58 miles

Fire Station #3

0.72 miles

CVS Pharmacy

0.77 miles

Champaign Police Department

0.83 miles

Frances Nelson Health Center

0.94 miles

Champaign-Urbana Public Health District

1.23 miles

Listing Summary

  • What is the asking price at 703 W Park Ave?

    703 W Park Ave is currently listed for sale at Price on request.

  • What is the total size of 703 W Park Ave?

    703 W Park Ave has a total of 1,274 square feet.

  • What is the year built for 703 W Park Ave?

    The year built for 703 W Park Ave is 1903.

Contact Jordan Dunahee
broker
Jordan Dunahee

Ramshaw Real Estate

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