11 E Columbia Ave

Champaign, IL 61820

$5,000,000
Price
56
Beds
—Sq. Ft.
— / Sq. Ft.
—
Sq. Ft.
—
per Sq. Ft.

Description

The Quarters - Exceptional investment opportunity! This 32-unit, 5-story apartment building in Downtown Champaign was built in 2014 and features Spanish Colonial-inspired design with 14' ceilings, hardwood floors, granite window sills, and Juliet balconies. Units include in-unit laundry, full appliance packages, and high-speed internet. The building offers covered parking, secure access, and a 5-stop Kone elevator. With a strong leasing history, high occupancy, and consistent rent growth, this property...The Quarters - Exceptional investment opportunity! This 32-unit, 5-story apartment building in Downtown Champaign was built in 2014 and features Spanish Colonial-inspired design with 14' ceilings, hardwood floors, granite window sills, and Juliet balconies. Units include in-unit laundry, full appliance packages, and high-speed internet. The building offers covered parking, secure access, and a 5-stop Kone elevator. With a strong leasing history, high occupancy, and consistent rent growth, this property is a turnkey income-producing asset in a prime, walkable location near restaurants, nightlife, and shopping.
  1. Listed by Shannon Collins • Green Street Realty
    P: (217)-356-8750 C: (217)-493-3776 shannon.collins@greenstrealty.com
  2. Listed by Katie Meints • Green Street Realty Branch
    P: (309)-256-7115 C: (309)-256-7115 katie.meints@greenstrealty.com

Property Details for 11 East Columbia Avenue

Area
Champaign, Savoy
Township
Champaign
Air Conditioning Type
Central Air
Zoning
MULTI
LISTING UPDATED: 10/16/2025 12:06 AM

Property Details for 11 East Columbia Avenue

StatusActive
MLS #12490337
Days on Market66
Taxes$116,578 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Corridor-Exterior Entrance
Year Built2014
Lot Size0.17 AC / 7,564 SF
CountyChampaign County

Location

Listing Courtesy of Green Street Realty; Green Street Realty Branch
Add your commute

Building Information for 11 East Columbia Avenue

Stories5Residences2Year Built2014Building Size-Lot Size0.17 AC / 7,564 SF

Payment Calculator

$34,422 per month

30 year fixed, 6.28% Interest

Principal and Interest

$24,707

Property Taxes

$9,715

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 11 East Columbia Avenue

General Information
Location and General Information
  • Frontage Type: City Street
  • Information: 24-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Heat/Ventilation: Electric,Heat Pump
  • Num of Baths: 32.0
Property/Lot Information
  • Built Before 1978: No
  • Approximate Age: 7-15 Years
  • Multi-Family Type: Corridor-Exterior Entrance
  • Lot Size Source: County Records
  • Lot Dimensions: 7564.05
  • Lot Size Square Feet: 7564.0
  • Stories: 5
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 14
Miscellaneous
  • Current Use: Multi-Family
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
  • Virtual Tour Date: 10-14-2025
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $565,470.00
  • Gross Scheduled Income: $565,470.00
  • Insurance Expense: $.00
  • Maintenance Expense: $.00
  • Expense Year: 2025
  • Janitor Expense: 0
  • Total Monthly Income: 47123
  • Net Operating Income: $345,810.00
  • Operating Expense: $219,660.00
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 8
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 24
Unit 3
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 0
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 11 East Columbia Avenue

DateEvent & SourcePriceAppreciation
Oct 10, 2025

Listed (Active)

MRED #12490337

$5,000,000—
Dec 20, 2022

Sold (Public Record)

Public Record #1503117740

$4,100,000—
DateEvent & SourcePrice
10/10/2025

Listed (Active)

MRED #12490337

$5,000,000
12/20/2022

Sold (Public Record)

Public Record #1503117740

$4,100,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 11 East Columbia Avenue

Taxable ValueLand$16,990Additions$1,319,840Total$1,336,830
Tax Record2022$103,284 ($8,607 / month)
Home Facts
StyleMulti-Family Res (5+ Units)CountyCHAMPAIGNAPN422012279033

Schools near 11 East Columbia Avenue

This home is within Champaign Community Unit School District 4.
Rating
School
Type
Grades
Distance
Actions Program
Public - K to 12
Central High School
Public - 9 to 12
Carrie Busey Elementary School
Public - K to 5
Vernon L Barkstall Elementary School
Public - K to 5
Rating
School
Distance
Actions Program
PublicK to 12

Central High School
Public9 to 12

Carrie Busey Elementary School
PublicK to 5

Vernon L Barkstall Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 11 East Columbia Avenue, Champaign, IL 61820

11 East Columbia Avenue is a multi-family home for sale in Champaign, IL 61820. This property was listed for sale on October 10, 2025 by Green Street Realty, it's currently listed at $5,000,000. It has been on the market for a total of 66 days and was last sold on December 20, 2022. This listing's school district is Champaign Community Unit School District 4. Nearby schools include Actions Program, Central High School and Carrie Busey Elementary School. 11 East Columbia Avenue is a 56-bed, 32-bath, multi-family home built in 2014.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Green Street Realty; Green Street Realty Branch

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 10/16/2025 12:06 AM. 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.