703 W Park Ave

For Sale

703 W Park Ave, Champaign, IL 61820

This Champaign property for sale is located at 703 W Park Ave. The general use of 703 W Park Ave is multi-family and it incorporates 1,274 square feet of class C multi-family space. The current listed sale price for 703 W Park Ave is $400,000. 703 W Park Ave is situated on a lot that is 0.15 acre in size.

Contacts

Jordan Dunahee

Ramshaw Real Estate

Property Details

  • Property Type Multi-Family
  • Property Size 1,274 SF
  • Units 4
  • Lot Size 0.15 Acre
  • Building Class C
  • Year Built 1903
  • Date Updated Sep 16, 2026
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.
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Highlights

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

Attachments

Getting around

  • 68/100

    Walk Score ®

  • 52/100

    Transit Score ®

  • 82/100

    Bike Score ®

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Location

  • City Champaign, IL
  • Neighborhood West Central Champaign
  • Zip Code 61820

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

  • Champaign Garden Inn

    0.29 miles

  • Hyatt Place

    0.57 miles

  • Americas Best Value Inn

    1.17 miles

  • Days Inn by Wyndham Champaign/Urbana

    1.23 miles

  • Homewood Suites by Hilton Champaign-Urbana

    1.30 miles

  • Fairfield Inn & Suites Champaign

    1.31 miles

  • TownePlace Suites

    1.33 miles

  • Baymont Champaign

    1.34 miles

  • Courtyard Champaign

    1.35 miles

  • Drury Inn & Suites

    1.36 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

Contact Listing Broker
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