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$220,000 Sale Pending

  • For Sale
  • Pending
  • Multi-Family
  • 3 Total Beds
See This Home
Save This Home
See This Home
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This striking Victorian-style three-unit property combines incredible architectural character, a prime location near Downtown Champaign, and immediate income with room for future growth. The freshly painted exterior makes a memorable first impression, while inside, Unit 1 commands the entire first floor with a spacious living room, beautiful original pocket doors leading to the dining room, a large bedroom, full bath, and eat-in kitchen. Upstairs, Units 2 and 3 are each one-bedroom efficiency units with their own kitchens and full baths, creating three distinct income-producing spaces under one roof. Coin-operated laundry in the basement provides additional convenience, while plenty of off-street parking with access from both the driveway and alley is a major convenience. Even better, all three units are fully leased through July 2027, providing income from day one! With current rents offering the potential to increase revenue as leases come up for renewal, there is exciting upside still to capture. Victorian charm, full occupancy, abundant parking, a highly desirable location, and future income potential all come together at 408 W Healey, making this a standout opportunity for your investment portfolio!

Full Property Details for 408 W Healey St

General

  • Price: $220,000
  • Taxes: $5,605 (2025)
  • Status: Pending
  • Type: Multi-Family
  • Source: MRED
  • MLS ID: 12730963

Interior

  • Basement: Unfinished

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Upper - Full Baths: 3

Bedrooms

  • Total Bedrooms: 3

Additional Information

  • Equipment: Ceiling Fan(s), Sump Pump, Water Heater-Electric, Water Heater-Gas

Parking

  • Total Spaces: 3
  • Parking Features: Unassigned, Off-Alley, Off-Street, Driveway, Yes, Owned

Location

  • Area: Champaign, Savoy
  • County: Champaign
  • Township: Champaign
  • Driving Directions: W Healey between S Elm and S Prairie

School Information

  • School District: 4
  • Elem School District: 4
  • Midd School District: 4
  • High School District: 4
  • Elementary School: Unit 4 Of Choice
  • Middle School: Champaign/Middle Call Unit 4 351
  • High School: Central High School
  • Private School: Central High School

Heating & Cooling

  • Heating Type: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Trash: 352

Structural Information

  • Architectural Info: Victorian
  • Architectural Style: Victorian
  • Construction: Other, Shingle Siding
  • Exterior Const.: Other, Shingle Siding
  • Basement: Yes
  • Basement Desc.: Unfinished, Partial
  • Foundation: Brick/Mortar
  • Roof: Asphalt
  • Year Built: 1903
  • Built Before 1978: Yes

Unit Information

  • Units in Building: 3

Lot Features

  • Lot Size (Acres): 0.2
  • Lot Size Range: Less than .25 Acre
  • Lot Dimensions: 64.5 x 132
  • Lot Features: None
  • Zoning: LNC

Financial Considerations

  • Insurance Fee: $1,340
  • Parking Included: Yes
  • Assessment Year: 1903
  • Tax Amount: $5,605
  • Tax Year: 2025
  • Pays Electric: 650
  • Pays Trash: 352
  • Pays Sewer: Public Sewer

Disclosures and Reports

  • Ownership: Fee Simple
  • Property ID: 432013128011

Listed by Keller Williams-Trec

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Listing agent

— 408 W Healey St —

  • Keller Williams-Trec

(217) 721-5855

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 408 W Healey St

School District:Champaign Community Unit School District 4
NameGradesDistance
South Side Elementary School
715 South New Street, Champaign, IL 61820
K-50.4 mi
Dr Howard Elementary School
110 North James Street, Champaign, IL 61821
K-50.9 mi
Stratton Elementary School
902 North Randolph Street, Champaign, IL 61820
K-50.9 mi
Edison Middle School, Champaign, IL
306 West Green Street, Champaign, IL 61820
6-80.1 mi
Franklin Middle School, Champaign, IL
817 North Harris Avenue, Champaign, IL 61820
6-80.9 mi
Jefferson Middle School, Champaign, IL
1115 Crescent Drive, Champaign, IL 61821
6-81.8 mi
Central High School, Champaign, IL
610 West University Avenue, Champaign, IL 61820
9-120.4 mi
Westview Elementary School, Champaign, IL
703 South Russell Street, Champaign, IL 61821
K-51 mi
Bottenfield Elementary School
1801 South Prospect Avenue, Champaign, IL 61820
K-51.3 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Tax History for 408 W Healey St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,605
15%
$66,700
12%
2023
$4,882
—
$59,450
10%
2023
$4,882
9%
$54,140
11%
2021
$4,482
-2%
$48,960
-2%
2022
$4,592
6%
$49,940
6%
2020
$4,316
3%
$47,070
2%
2019
$4,177
2%
$46,100
2%
2018
$4,083
4%
$45,370
4%
2017
$3,942
12%
$43,620
2%
2016
$3,534
-1%
$42,720
2%
2015
$3,560
1%
$41,960
—
2014
$3,530
1%
$41,960
—
2013
$3,498
2%
$41,960
-2%
2012
$3,433
—
$42,820
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Keller Williams-Trec

408 W Healey Street, Champaign, IL 61820 (MLS# 12730963) is a Multi-Family property with 3 units containing 3 bedrooms and 0 full bathrooms. 408 W Healey Street is currently listed for $220,000 and was received on August 24, 2026. Want to learn more about 408 W Healey Street? Do you have questions about finding other Multi-Family real estate for sale in Champaign? You can browse all Champaign real estate or contact a Coldwell Banker agent to request more information.

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