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$ 165,000

Est. payment -/mo

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Price Dropped by $5K

1912 Southwood DR Champaign, IL 61821

4 Beds

1 Bath

1,225 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached Single

Listing Status Active

Purchase Type For Sale

Square Footage 1,225 sqft

Price per Sqft $134

MLS Listing ID 12680278

Bedrooms 4

Full Baths 1

Year Built 1958

Annual Tax Amount $1,421

Tax Year 2024

Lot Dimensions 50.19 X 125 X 50.19 X 125

Property Sub-Type Detached Single

Property Description

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.

Location

State IL

County Champaign

Area Champaign, Savoy

Rooms

Basement None

Interior

Heating Natural Gas

Cooling Central Air

Fireplace N

Building

Dwelling Type Detached Single

Building Description Aluminum Siding,Vinyl Siding, No

Sewer Public Sewer

Water Public

Level or Stories 1 Story

Structure Type Aluminum Siding,Vinyl Siding

New Construction false

Schools

Elementary Schools Champaign Elementary School

Middle Schools Champaign/Middle Call Unit 4 351

High Schools Centennial High School

School District 4 , 4, 4

Others

HOA Fee Include None

Ownership Fee Simple

Special Listing Condition None

Listed by Timothy Leyhe of The Real Estate Firm LLC

Nearby School & Business

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