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$6,500,000
271 Days Online

1001 Francis Drive
Champaign, IL 61821

For Sale|Multi-Family|Active
County:
Champaign
Listing Courtesy of MRED as distributed by MLS Grid of Berkshire Hathaway HomeServices Chicago 847-492-9660
Call Now: 847.967.0022
Is this the home for you? We can help make it yours.
847.967.0022
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 Online 
271 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
7 months agoListing updated with changes from the MLS®
9 months agoListing first seen online
General Features
Parking Spaces 
145
Number of Stories 
3
Acreage 
3
Zoning 
MULTI
Number Of Stories 
3
Parking Total 
145
Interior Features
Cooling 
Central Individual
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Community Features
MLS Area 
Champaign, Savoy
Listing Courtesy of MRED as distributed by MLS Grid of Berkshire Hathaway HomeServices Chicago 847-492-9660



Based on information submitted to the MLS GRID as of 2024-04-14 07:00 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: 2024-04-14 07:00 AM UTC
MRED DMCA Copyright Information Copyright © 2024 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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