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$6,500,000
496 Days On Site

1001 Francis Drive
Champaign, IL 61821

For Sale|Multi Family|Active
0
Beds
0
Full Baths
0
Partial Baths
60,330
SqFt
$108
/SqFt
1970
Built
County:
Champaign
Listing Courtesy of MRED as distributed by MLS Grid of Berkshire Hathaway HomeServices Chicago

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1001 Francis Drive1001 Francis Drive1001 Francis Drive1001 Francis Drive
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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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Listing Snapshot
Price 
$6,500,000
Days On Site 
496 Days
Bedrooms 
N/A
Inside Area (SqFt) 
60,330 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
3 Acres
Year Built 
1970
MLS® Number 
11834165
Status 
Active
Property Tax 
$115,345
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
a year agoStatus changed to Active
a year agoListing first seen on site
General Features
Acres 
3
Number Of Stories 
3
Property Sub Type 
Multi Family
SqFt Total 
60330
Zoning 
MULTI
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Community Features
MLS Area 
Champaign, Savoy
Listing Courtesy of MRED as distributed by MLS Grid of Berkshire Hathaway HomeServices Chicago



Based on information submitted to the MLS GRID as of 2024-10-30 12:00 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data last updated: 2024-10-30 12:00 AM UTC
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Neighborhood & Commute
Source: Walkscore
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