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About This Home
This 3-bedroom, 1-bathroom single family at 2703 Lawndale Drive in Champaign, IL is listed for $160,000 ($156 per sqft). Built in 1961, the home offers 1,025 sqft of living space on a 0.15 acres lot.
Turnkey investment opportunity tucked away in a quiet neighborhood, offering a strong combination of updates, lease security, and long-term rental appeal. Recent improvements include a new roof and siding in 2018, new HVAC in 2022, and a new privacy fence in 2019, helping reduce near-term maintenance concerns.
Leased through July 2027, this income-producing property provides stable, long-term cash flow and immediate return potential. A compelling choice for investors searching for a well-maintained rental property, updated investment home, or low-maintenance asset with reliable income in place.
Key Features
- Built in 1961
- 0.15 acre lot
- 1 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$856/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2703 Lawndale Drive
Champaign, IL 61821
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Pool Features
Parking
Heating
Cooling
Appliances
Questions & Answers
This 3-bedroom, 1-bathroom single family at 2703 Lawndale Drive is listed at $160,000 ($156/sqft). The estimated monthly payment is $693 based on 20% down at 6.5% interest.
Key features include: Built in 1961, 0.15 acre lot, 1 parking spaces. Interior Features: 1st Floor Bedroom, 1st Floor Full Bath.
This property is listed by Nicholas Ward and can be reached at (217) 355-4999 or nick@joelwardhomes.com.