Condo Investment Properties for Sale in Champaign, IL
15- 3 Bed
- 2 Bath
- 1250 sft
64- 2 Bed
- 2 Bath
- 1312 sft
212- 2 Bed
- 2 Bath
- 1542 sft
428- 2 Bed
- 2 Bath
- 1259 sft
Why Invest in Champaign, Illinois?
Champaign condo investments offer strong potential amid a tight housing market with just 2% vacancy rates. Rent has surged 50% since 2010, outpacing similar college towns, driving high demand for rentals. With a need for 7,000 new units by 2035, low supply supports appreciation around 5% annually. Renter-occupied rates exceed 50%, bolstered by University of Illinois presence and steady job growth. Cap rates hover near 6-7%, with solid cash flow for investors targeting student and professional tenants.
Frequently Asked Questions
Champaign's 2% vacancy rate and 50% rent growth since 2010 create strong investor returns. University-driven demand ensures high occupancy. Low supply projects need for 7,000 units by 2035.
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