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Investor opportunity with built-in flexibility! This well-maintained 4-bedroom home offers immediate cash flow with a reliable long-term tenant who has occupied the property for the past nine years. Currently rented for $1,600 per month, the lease transitions to month-to-month in July, providing the flexibility to continue as an investment or make the home your own. The property has been well cared for and features numerous recent capital improvements, including a new furnace, water heater, and sewer line replacement completed within the past year-helping minimize near-term maintenance expenses. The tenant pays all utilities except sewer, which averages approximately $75 every two months. Whether you're expanding your investment portfolio or searching for a future owner-occupied home with rental income in place until you're ready to move, this property offers a rare combination of stable cash flow, major mechanical updates, and occupancy flexibility.
| DAYS ON MARKET | 56 | LAST UPDATED | 7/14/2026 |
|---|---|---|---|
| YEAR BUILT | 1958 | COMMUNITY | Champaign, Savoy |
| COUNTY | Champaign | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| School District | Centennial High School |
|---|---|
| Elementary School | Champaign Elementary School |
| Jr. High School | Champaign/Middle Call Unit 4 351 |
| High School | Centennial High School |
| PRICE HISTORY | |
| Prior to Jul 2, '26 | $170,000 |
|---|---|
| Jul 2, '26 - Jul 14, '26 | $165,000 |
| Jul 14, '26 - Today | $155,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Champaign, Savoy |
| BASEMENT | None |
| CONSTRUCTION | Aluminum Siding, Vinyl Siding |
| HEAT | Natural Gas |
| LOT | 0 |
| LOT DIMENSIONS | 50.19 X 125 X 50.19 X 125 |
| PARKING | Gravel |
| SEWER | Public Sewer |
| TAXES | 1421 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with The Real Estate Firm LLC
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The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2026 MRED. All rights reserved.
The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2026 MRED. All rights reserved.
This IDX solution is (c) Diverse Solutions 2026.