506 W William St., Champaign, IL 61820

506 W William St., Champaign, IL 61820
Photo 1 of 30
$217,500
Sold on 8/05/26
Beds Baths Sq. Ft. Taxes Built
3 0 $4,279 1923
On the market: 54 days
View full details, photos, school info, and price history
Located in an established Champaign neighborhood near downtown and the University of Illinois, 506 W William St. is a duplex investment opportunity offering strong rental potential and future upside. The property features a main-level two-bedroom, one-bath unit and an upper-level studio apartment with approximately 1,282 square feet of living space, a full basement, covered porches, central air conditioning, and a detached one-car garage with additional off-street parking. Current rents are below market, creating value-add potential for future ownership. This property would work well as an investment property or future owner-occupied opportunity in a strong rental location.
Listing courtesy of PJ Trautman, Trautman Real Estate Agency & Appraisal LLC